January 29, 2014 12:54 pm
The euro declined against the US dollar, following data that showed the M3 money supply in the euro zone expanded less than expected, while private loans declined for a 20th straight month. Meanwhile, the greenback remained to be supported by expectations for further stimulus cuts at FOMCs two-day meeting, due to be concluded later today. […]
Read moreJanuary 29, 2014 9:45 am
The pound advanced against the US dollar, after a report revealed UK house prices increased for a 13th straight month, reaching the highest level since April 2008. GBP/USD reached a session high at 1.6606, after which consolidation followed at 1.6595, adding 0.1% for the day. Support was likely to be received at January 28th low, […]
Read moreJanuary 28, 2014 3:47 pm
The yen declined against the US dollar as investors awaited the outcome of FOMC’s two-day meeting, where policy makers are expected to further scale back Fed’s monthly bond purchases. USD/JPY hit a session high at 103.25 at 10:15 GMT, after which consolidation followed at 102.91, adding 0.35% for the day. On January 24th, USD/JPY touched […]
Read moreJanuary 28, 2014 12:54 pm
The pound retreated from 2-1/2-year highs against the US dollar after a report showed the UK economy in the fourth quarter expanded less than some analysts had forecast. GBP/USD hit a session low at 1.6538 at 10:15 GMT, after which consolidation followed at 1.6567, losing 0.10% on a daily basis. Support was likely to be […]
Read moreJanuary 28, 2014 9:38 am
The euro declined against the US dollar as investors awaited the outcome of FOMC’s two-day meeting where policy makers are expected to further scale back Fed’s monthly bond purchases. EUR/USD touched a daily low at 1.3657, after which consolidation followed at 1.3660, losing 0.1% for the day. Support was likely to be received at January […]
Read moreJanuary 27, 2014 3:52 pm
The pound advanced against the US dollar on Monday, as data showed new home sales in the United States unexpectedly declined in December. GBP/USD hit a session high at 1.6587 at 14:05 GMT, after which consolidation followed at 1.6577, adding 0.58% for the day. Support was likely to be received at January 24th low 1.6479, […]
Read moreJanuary 27, 2014 10:24 am
The yen retreated from 7-week highs against the US dollar as data showed the Japanese trade deficit widened to a record in 2013. USD/JPY hit a session high at 102.77 at 08:00 GMT, after which consolidation followed at 102.50. adding 0.15% on a daily basis. Support was likely to be received at January 24th low, […]
Read moreJanuary 27, 2014 9:46 am
The euro traded in proximity to three-week highs against the US dollar, following data that revealed the business confidence in the largest euro zone economy, Germany, rose to a 30-month high. EUR/USD touched a session high at 1.3717 at 09:20 GMT, after which consolidation followed at 1.3700, adding 0.17% for the day. Support was likely […]
Read moreJanuary 27, 2014 9:09 am
Australian dollar distanced from lows unseen in 3.5 years against its US rival on Monday, following the large-scaled sell-off in emerging market shares and currencies on Friday. AUD/USD touched a daily high at 0.8737 at 7:10 GMT, after which consolidation followed at 0.8716, still gaining 0.37% for the day. Support was likely to be received […]
Read moreJanuary 26, 2014 12:55 pm
US dollar slumped to lows unseen in three weeks against the Swiss franc on Friday, as demand for safe haven franc received a boost due to deepening selloff in emerging-market currencies. Having fallen to its lowest point since December 31st at 0.8904 at 11:30 GMT on Friday, USD/CHF ended the week at 0.8944, losing 0.32% […]
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