January 21, 2014 2:07 pm
The loonie, as the Canadian dollar is best known, plunged to lows unseen in more than 4 years, on diverging monetary policies by the Federal Reserve and Bank of Canada. Having hit the strongest level since September 2009 at 1.1019 at 09:50 GMT, USD/CAD traded at 1.0985 at 13:54 GMT, gaining 0.33% for the day. […]
Read moreJanuary 21, 2014 12:51 pm
The pound traded little changed against the US dollar, after the Confederation of British Industry (CBI) released mixed data on UK factory orders in January. Having hit a session high at 1.6452 at 10:10 GMT, GBP/USD traded little changed at 1.6429 at 12:49 GMT, adding 0.01% on a daily basis. Support was likely to be […]
Read moreJanuary 21, 2014 10:51 am
The euro declined against the US dollar on Tuesday, following a report that showed German economic sentiment unexpectedly decreased this month. EUR/USD touched a session low at 1.3525 at 10:00 GMT, after which consolidation followed at 1.3536, losing 0.12% for the day. Support was likely to be received at January 20th low, 1.3508, also the […]
Read moreJanuary 21, 2014 7:59 am
Australian dollar preserved daily gains against its US counterpart on Tuesday ahead of a report, that may show that Australian consumer prices rose in the fourth quarter of 2013. AUD/USD touched a daily high at 0.8838 at 2:00 GMT, after which consolidation followed at 0.8822, up 0.11% for the day. Support was likely to be […]
Read moreJanuary 20, 2014 2:43 pm
The euro advanced against the US dollar in subdued trade on Monday as US markets remained closed due to a national holiday. Having reached a 2-month low at 1.3508 at 00:15 GMT, EUR/USD rebounded to trade at 1.3561 at 14:40 GMT, gaining 0.16% for the day. Support was likely to be received at November 25th […]
Read moreJanuary 20, 2014 1:11 pm
The yen advanced against the US dollar on Monday as a slump in Asian stocks bolstered demand of the Japanese currency, which is regarded as a safe-haven. Meanwhile, US markets are to remain closed due to a national holiday. Having hit a session low at 103.87 at 01:00 GMT, USD/JPY traded at 103.98 at 13:06 […]
Read moreJanuary 20, 2014 9:26 am
The UK pound rebounded from the lowest level in a month against the US dollar, after data showed a gauge of UK house prices advanced the most in six years this month. GBP/USD hit a session high at 1.6453 at 09:10 GMT, after which consolidation followed at 1.6448, adding 0.17% for the day. Support was […]
Read moreJanuary 20, 2014 8:14 am
Australian dollar distanced from lows unseen in 3.5 years against its US counterpart on Monday, as Chinese Gross Domestic Product was reported to have exceeded experts forecasts during the last quarter of 2013. AUD/USD touched a daily high at 0.8804 at 2:00 GMT, after which consolidation followed at 0.8792, rising 0.14% for the day. Support […]
Read moreJanuary 19, 2014 8:57 am
US dollar managed to climb to highs unseen in one week against the Swiss franc on trading Friday, after official data showed US housing starts decreased at a lesser pace than initially expected in December, marking the best year for the industry since 2007. USD/CHF reached a session high at 0.9120 at 18:18 GMT, also […]
Read moreJanuary 18, 2014 4:09 pm
The euro declined to a two-month low against the US dollar on Friday, after data revealed US housing starts decreased less than expected in December, marking the best year for the industry since 2007. The strong US data increased bets that the Federal reserve may scale back its stimulus program, which tends to devalue the […]
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