January 6, 2014 3:19 pm
The loonie, as the Canadian dollar is best known, declined against its US counterpart, following the comments of the Canadian Finance Minister, Jim Flaherty, who said the nations manufacturers may soon be helped by a weaker dollar. Having hit a session high at 1.0681 at 14:07 GMT, USD/CAD traded at 1.0671 by 15:17 GMT, adding […]
Read moreJanuary 6, 2014 12:20 pm
The sterling declined for a third day against the US dollar, following a report that showed UK services growth unexpectedly slowed its pace in December. Having reached a session low at 1.6338 at 09:35 GMT, GBP/USD traded at 1.6378 at 12:16 GMT, losing 0.25% on a daily basis. Support was likely to be received at […]
Read moreJanuary 6, 2014 10:27 am
The euro advanced against the US dollar, rebounding from the previously touched 1-month low, following a report that showed the investors in the Euro area were most bullish in January in almost two years. Having hit a session low at 1.3572 at 06:05 GMT, EUR/USD traded at 1.3608 at 10:23 GMT, adding 0.14% for the […]
Read moreJanuary 6, 2014 7:53 am
Australian dollar gained against its US counterpart on Monday ahead of a report, which may show Australian trade balance produced a lesser deficit than expected in November, while a private report stated that Chinese non-manufacturing activity increased at a slower rate in December. AUD/USD touched a daily high at 0.8982 at 1:30 GMT, after which […]
Read moreJanuary 5, 2014 9:16 am
US dollar traded higher against the Swiss franc on Friday, after recent optimistic data out of the United States boosted speculation that the Federal Reserve Bank may taper further. USD/CHF touched a session high at 0.9058 at 20:45 GMT, also the pairs highest point since December 4th, after which the cross closed at 0.9052 on […]
Read moreJanuary 4, 2014 3:36 pm
The euro declined against the US dollar on Friday, after recent upbeat US data reinforced speculation for further Fed tapering. EUR/USD reached a session low at 1.3583 at 20:55 GMT, the pairs lowest since December 5th, after which it closed at 1.3589, losing 0.6% for the day. Support was likely to be received at December […]
Read moreJanuary 4, 2014 8:39 am
US dollar weakened against its Canadian counterpart during the late phase of US trade on Friday amid bets that prices of raw materials have plunged to a low. USD/CAD reached a session low at 1.0602 at 13:15 GMT, after which the pair closed at 1.0636 on Friday, losing 0.31% for the day. Support was likely […]
Read moreJanuary 3, 2014 2:43 pm
The Japanese yen advanced against the US dollar on Friday and was poised for the first 5-day drop in 10 weeks on bets that its recent decline might have been excessive. USD/JPY touched a session low at 104.08 at 05:00 GMT,after which the pair consolidated at 104.36, declining 0.42% for the day. Support was likely […]
Read moreJanuary 3, 2014 10:12 am
GBP/USD traded little changed on Friday, after a number of positive reports were released in the UK. Yesterday, the pair touched the highest level since August 2011. Having reached a session high at 1.6464 at 08:10 GMT, GBP/USD traded little changed at 1.6462 by 10:02 GMT, gaining 0.05% for the day. Support was likely to […]
Read moreJanuary 3, 2014 9:26 am
The euro declined against the US dollar on Friday, after recent upbeat US data reinforced speculation for further Fed tapering. Having reached a session low at 1.3629 at 09:10 GMT, the pairs lowest since December 20th, EUR/USD consolidated at 1.3634, losing 0.27% for the day. Support was likely to be received at December 20th low […]
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