January 17, 2014 12:22 pm
The euro edged lower against the US dollar and was poised for a weekly decline, after a series of upbeat US reports continued to weigh on greenbacks demand. Having reached a session low at 1.3593 at 09:45 GMT, EUR/USD traded at 1.3598 at 12:18 GMT, losing 0.16% for the day. The pair has headed for […]
Read moreJanuary 17, 2014 10:36 am
The pound snapped two days of declines against the US dollar, after data showed UK retail sales increased at the fastest monthly pace since June 2008. GBP/USD hit a session high at 1.6458 at 09:55 GMT, after which consolidation followed at 1.6447, adding 0.57% for the day. Support was likely to be received at December […]
Read moreJanuary 17, 2014 8:14 am
Australian dollar traded lower against its US counterpart on Friday, as yesterdays employment data concerning Australia fueled concerns that nations central bank may further reduce borrowing costs in order to stimulate economy. AUD/USD touched a daily low at 0.8802 at 2:20 GMT, after which consolidation followed at 0.8810, falling 0.13% for the day. Support was […]
Read moreJanuary 16, 2014 2:49 pm
The loonie, as the Canadian dollar is best known, rebounded against the US dollar from the weakest level in more than 4 years, following mixed US data. USD/CAD reached a session low at 1.0905 at 14:38 GMT, after which consolidation followed at 1.0907, losing 0.25% for the day. Support was likely to be received at […]
Read moreJanuary 16, 2014 12:51 pm
The euro traded little changed against the US dollar, after three days of declines, following a report that showed inflation in the euro zone remained steady in December. Having reached a session high at 1.3628 at 09:30 GMT, EUR/USD traded little changed at 1.3604 at 12:39 GMT. Support was likely to be received at January […]
Read moreJanuary 16, 2014 9:25 am
The US dollar advanced against the yen for a third day, the longest streak this year, after a series of recent upbeat US data increased bets that Fed may continue to pare back its monthly monetary stimulus throughout 2014. Having reached a session high at 104.92 at 03:30 GMT, USD/JPY traded at 104.75 at 09:18 […]
Read moreJanuary 16, 2014 8:15 am
Australian dollar fell to lows unseen in 3 1/2 years against its US counterpart on Thursday, after a report said that Australian employers unexpectedly cut jobs, while the rate of unemployment in the country remained steady in December. AUD/USD plummeted to a daily low at 0.8796 at 7:20 GMT, also the pairs lowest point since […]
Read moreJanuary 15, 2014 2:17 pm
The pound declined against the US dollar to the weakest level in three weeks, following data that showed US producer price inflation unexpectedly accelerated its annual pace in December. Having touched a session low at 1.6327 at 13:36 GMT, GBP/USD traded at 1.6337 at 14:15 GMT, losing 0.63% for the day. Support was likely to […]
Read moreJanuary 15, 2014 12:38 pm
The loonie, as the Canadian dollar is known, declined against its US counterpart to the lowest level since September 2009 amid speculation BoC may have to cut interest rates, following last weeks downbeat data. Having hit a session high at 1.0992 at 09:20 GMT, USD/CAD traded at 1.0959 at 12:36 GMT, adding 0.10% for the […]
Read moreJanuary 15, 2014 9:21 am
The euro edged lower against the US dollar on Wednesday after yesterday’s report on retail sales in the United States supported expectations that Fed may continue to pare back its monthly monetary stimulus throughout 2014. EUR/USD touched a session low at 1.3611 at 09:02 GMT, after which consolidation followed at 1.3616, losing 0.45% for the […]
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