December 18, 2013 8:28 am
The yen fell against the US dollar, after a report by the Japanese Ministry of Finance showed a record-high trade deficit in November, undermining the Japanese yens safe haven demand. Having reached a session high at 103.03 at 02:35 GMT, USD/JPY traded at 102.95 at 08:26 GMT, gaining 0.27% for the day. The pair reached […]
Read moreDecember 18, 2013 8:15 am
Australian dollar traded higher against its US counterpart on Wednesday, as speculation appeared that the Reserve Bank of Australia (RBA) may not reduce its benchmark interest rate further after banks Governor Glenn Stevens stated that there were indications accommodative policy was providing support to spending in the country. AUD/USD touched a session high at 0.8928 […]
Read moreDecember 17, 2013 3:00 pm
The loonie, as the Canadian dollar is known, traded little changed against its US counterpart, after a report that showed the US annual rate of inflation rose less-than-anticipated in November. Having hit session low at 1.0576 at 09:45 GMT, USD/CAD erased daily declines to trade little changed at 1.0598 at 14:49 GMT, gaining 0.01% for […]
Read moreDecember 17, 2013 1:04 pm
The euro erased earlier daily advances, despite reports showed improved German and Euro zone economic sentiment in December. Having reached a session high at 1.3782 at 07:50 GMT, EUR/USD declined 0.06% to trade at 1.3754 at 13:03 GMT. Support was likely to be received at December 16th low, 1.3738, while resistance was to be met […]
Read moreDecember 17, 2013 11:04 am
The sterling erased earlier daily advances against the US dollar after data showed that the annual rate of inflation in the UK fell to a four-year low in November, relieving pressure on BoE to tighten monetary policy. Having reached a session high at 1.6336 at 08:55 GMT, GBP/USD cross traded little changed at 1.6298 at […]
Read moreDecember 17, 2013 8:12 am
Australian dollar traded lower against its US counterpart on Tuesday, after the minutes of Reserve Bank of Australias (RBA) most recent policy meeting showed that the bank was not excluding the possibility of further reducing borrowing costs. AUD/USD fell to a daily low at 0.8930 at 3:25 GMT, after which consolidation followed at 0.8944, dipping […]
Read moreDecember 16, 2013 4:02 pm
The loonie, as the Canadian dollar is best known, advanced against the US dollar on Monday as investors awaited the FOMCs meeting on December 17th-18th, which may result in Fed tapering. USD/CAD reached a session low at 1.0575 at 10:25 GMT, to trade at 1.0576 by 15:55 GMT. Support was likely to be received at […]
Read moreDecember 16, 2013 11:12 am
The euro advanced on Monday after the Euro zone reported better-than expected PMI data, with only France being again the worst performer. EUR/USD hit a session high at 1.3784 at 10:43 GMT, gaining 0.28% for the day. Support was likely to be received at December 13th low, 1.3710, while resistance was to be met at […]
Read moreDecember 16, 2013 10:02 am
Australian dollar fell against its US counterpart on Monday, following the release of Chinese manufacturing PMI and ahead of the testimony by the Reserve Bank of Australia Governor Glenn Stevens and Federal Open Market Committee (FOMC) policy decision due on December 18th. AUD/USD fell to a session low at 0.8923 at 1:45 GMT, also the […]
Read moreDecember 16, 2013 9:36 am
The Japanese yen rebounded from five-year lows against the US dollar on Monday, following a BoJ survey, which showed major manufacturers are most bullish since 2007. USD/JPY traded at 103.05 at 09:15 GMT, down 0.16% for the day. Support was likely to be received at December 12th low, 102.47, while resistance was to be encountered […]
Read more