February 1, 2014 9:51 am
Australian dollar managed to distance from lows unseen in 3.5 years, but still remained lower against its US rival during the late phase of US session on Friday, following a set of overall positive data from the United States. AUD/USD plunged to a daily low at 0.8694 at 13:45 GMT, after which the pair closed […]
Read moreJanuary 31, 2014 2:45 pm
The loonie, as the Canadian dollar is best known, declined to the lowest level in more than 4 years, following a report that showed US core personal consumption expenditures index accelerated its annual pace in December. USD/CAD hit a session high at 1.1224, at 13:54 GMT, after which consolidation followed at 1.1210, adding 0.47% for […]
Read moreJanuary 31, 2014 12:43 pm
The euro extended its slide against the US dollar, as inflation in the euro area failed to accelerate towards ECBs target, which boosted speculation that central banks policy makers may have to cut interest rates at the upcoming meeting next week. Having reached a session low at 1.3518 at 10:00 GMT, EUR/USD traded at 1.3532 […]
Read moreJanuary 31, 2014 9:54 am
The yen advanced against the US dollar, following a report that showed the Japanese consumer prices increased more than expected in December. However, the long-term forecast for the exchange rate of the yen against the US dollar has been revised down. Having reached a session low at 102.33 at 05:00 GMT, USD/JPY traded at 102.56 […]
Read moreJanuary 31, 2014 7:56 am
Australian dollar trimmed its advance against its US counterpart on Friday, but was still poised to register its first weekly gain in the past three weeks ahead of Reserve Bank of Australias meeting on policy next week. AUD/USD slid to a session low at 0.8753 at 5:15 GMT, after which consolidation followed at 0.8765, losing […]
Read moreJanuary 30, 2014 2:59 pm
The yen declined against the US dollar, following Fed decision to cut monthly bond purchases, which tend to weaken the US currency. The US dollar was also supported following data that showed consumer spending increased the most in three years. USD/JPY hit a session high at 102.80 at 14:03 GMT, after which consolidation followed at […]
Read moreJanuary 30, 2014 10:37 am
The pound declined to the weakest level in more than a week against the US dollar, after the Federal Reserve Bank announced that it will scale back its monetary stimulus by $10 billion at its two-day policy meeting concluded yesterday. GBP/USD reached a session low at 1.6445 at 10:07 GMT, after which consolidation followed at […]
Read moreJanuary 30, 2014 9:41 am
The euro touched one-week low against the US dollar, after the Federal Reserve Bank announced that it will scale back its monetary stimulus by $10 billion at its two-day policy meeting concluded yesterday. EUR/USD touched a session low at 1.3597 at 09:30 GMT, after which consolidation followed at 1.3608, losing 0.41% for the day. Support […]
Read moreJanuary 30, 2014 8:33 am
Australian dollar fell to lows unseen in 3.5 years against its US rival on Thursday, after the Federal Reserve Bank decided to pare back its monthly monetary stimulus at its policy meeting yesterday in line with expectations. AUD/USD touched a daily low at 0.8711 at 1:45 GMT, also the pairs lowest point since July 20th […]
Read moreJanuary 29, 2014 2:19 pm
The yen traded in proximity to seven-week highs against the US dollar as Turkeys central bank steps to stop a sell-off in the nations currency failed to support other emerging markets currencies, making safe-haven currencies, such as the yen more appealing. USD/JPY hit a session low at 102.02 at 14:08 GMT, after which consolidation followed […]
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