February 11, 2014 9:12 am
The pound advanced to the strongest level in a week against the US dollar, following a report that revealed UK retail sales increased at the fastest pace in 2-1/2 years in January, adding to evidence the UK economic recovery is gaining traction. GBP/USD touched a session high at 1.6434 at 00:45 GMT, after which the […]
Read moreFebruary 11, 2014 7:40 am
Australian dollar rose to highs unseen in almost one month against its US counterpart on trading Tuesday, after official data showed that house prices and business confidence in Australia increased, while the greenback was pressured before Federal Reserve Bank Chairman Janet Yellens statement. AUD/USD touched a session high at 0.9015 at 1:05 GMT, also the […]
Read moreFebruary 10, 2014 2:03 pm
The loonie, as the Canadian dollar is best known, declined against its US counterpart, after a report revealed the Canadian housing starts increased at the slowest pace since May 2013. USD/CAD reached a session high at 1.1052 at 13:44 GMT, after which consolidation followed at 1.1046, adding 0.12% for the day. Support was likely to […]
Read moreFebruary 10, 2014 1:02 pm
The euro traded little changed against the US dollar on Monday, as euro zone data sent mixed signals to market players. While the investor confidence in the euro area reached the strongest level in almost three years, the French and Italian production slowed their pace in December. EUR/USD hit a session high at 1.3651 at […]
Read moreFebruary 10, 2014 10:59 am
The yen advanced against the US dollar on Monday, although the Japanese Ministry of Finance announced a record deficit in the nations current account in December, as Fridays lower-than-expected number of added jobs in the US, continued to pressure dollars demand. USD/JPY hit a session low at 102.07 at 08:10 GMT, after which consolidation followed […]
Read moreFebruary 10, 2014 8:08 am
Australian dollar fell against its US counterpart on Monday ahead of the official report on employment change in Australia, scheduled for release on Thursday, while Toyota Motor Corp. said it intended to terminate its operations in the south-pacific country. AUD/USD touched a session low at 0.8920 at 7:36 GMT, after which consolidation followed at 0.8928, […]
Read moreFebruary 9, 2014 3:16 pm
The euro advanced to one-week high against the US dollar on Friday, after a government report revealed US employment increased at a lower-than-expected pace in January. EUR/USD reached a one-week high at 1.3642 at 13:30 GMT, after which it settled at 1.3635 on Friday, adding 0.32% for the day. The pair settled the week 1.1% […]
Read moreFebruary 8, 2014 5:51 pm
Australian dollar traded slightly higher against its US counterpart during late US session on Friday, after an official report showed employment in the United States increased at a lesser than expected pace in January, while unemployment rate diminished. Having touched daily highs at 0.8999 at 13:57 GMT, also the highest point since January 14th, AUD/USD […]
Read moreFebruary 7, 2014 2:48 pm
The loonie, as the Canadian dollar is best known, advanced to more than two-week high against its US counterpart, after data showed the US employers added fewer jobs in January than analysts had expected. Meanwhile, loonies demand was supported by lower unemployment level and more full-time employees hired in January. USD/CAD reached a session low […]
Read moreFebruary 7, 2014 12:44 pm
The euro declined against the US dollar, as the German top court announced it will not decide on the legality of the ECB bailout plan and will transfer it to Europes highest judges. EUR/USD hit a session low at 1.3553 at 08:35 GMT, after which consolidation followed at 1.3565, losing 0.19% on a daily basis. […]
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