February 18, 2014 8:20 am
Australian dollar climbed to fresh one-month highs against its US counterpart on trading Tuesday, following the release of the minutes of Reserve Bank of Australias (RBA) most recent policy meeting, which showed further signs that accommodative policy and weak national currency have led to positive economic effects. AUD/USD touched a daily high at 0.9081 at […]
Read moreFebruary 17, 2014 2:25 pm
The euro traded little changed against the US dollar on Monday, after the signal of the ECB President Mario Draghi that he may act to counter low inflation as soon as next month, divided analysts as the euro zone economy showed signs of strengthening. EUR/USD hit a session high at 1.3724 at 01:45 GMT, after […]
Read moreFebruary 17, 2014 10:36 am
The yen snapped three days of advances against the US dollar, following a report that showed Japans economy grew less than analysts predicted, fueling speculation Bank of Japan may boost its stimulus program, weakening the nations currency further. USD/JPY hit a session high at 101.99 at 08:15 GMT, after which consolidation followed at 101.93, adding […]
Read moreFebruary 17, 2014 9:24 am
The pound soared to the strongest level in more than four years against the US dollar, after a report revealed house prices in the UK rose the most since 2007, adding to signs the economy is gaining traction. GBP/USD touched a session high at 1.6823 at 02:00 GMT, also the pairs strongest since November 2009, […]
Read moreFebruary 17, 2014 8:10 am
Australian dollar rose to highs unseen in one month against its US rival on Monday, after a report showed Chinese new credit expanded to a record in January, which bolstered the outlook over worlds second largest economy, while China is Australias largest export market. AUD/USD climbed to a daily high at 0.9069 at 1:30 GMT, […]
Read moreFebruary 16, 2014 8:11 am
The euro advanced to the strongest level in almost three weeks against the US dollar on Friday, after better-than-expected euro zone growth rates boosted demand for the 18-nation common currency, while at the same time overall downbeat US data dampened the greenbacks appeal. EUR/USD touched a session high at 1.3715 at 12:00 GMT, after which […]
Read moreFebruary 15, 2014 5:31 pm
Australian dollar extended its daily advance against the US counterpart on trading Friday, following mixed economic data released out of the United States, which showed industrial output shrank in January, while consumer sentiment remained unchanged in mid-February. Having touched fresh daily highs at 0.9044 at 8:46 GMT, AUD/USD closed at 0.9035 on Friday, rising 0.61% […]
Read moreFebruary 14, 2014 2:53 pm
The loonie, as the Canadian dollar is best known, trimmed earlier gains to trade little changed against its US counterpart as economic reports from both countries disappointed. USD/CAD touched a session low at 1.0941, the pairs weakest since January 20, after which USD/CAD trimmed daily gains to trade little changed at 1.0977 at 14:49 GMT, […]
Read moreFebruary 14, 2014 12:35 pm
The euro advanced to the strongest level in almost three weeks against the US dollar, after upbeat German and euro zone preliminary GDP data added to signs the economy of the 18-nation common currency area is gaining momentum. EUR/USD touched a session high at 1.3715 at 12:03 GMT, after which consolidation followed at 1.3712, adding […]
Read moreFebruary 14, 2014 10:33 am
The pound advanced to the strongest level in almost three years against the US dollar, on increased bets Bank of England will not be able to hold down borrowing costs, following this weeks revised forward guidance amid strengthening UK economy. GBP/USD hit a 33-month high at 1.6715 at 08:35 GMT, after which consolidation followed at […]
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