December 12, 2013 8:39 am
The kiwi advanced against the US dollar after the statement of Graeme Wheeler, Governor of the Reserve Bank of New Zealand (RBNZ). Having reached a session high at 0.8292 at 06:15 GMT, NZD/USD traded at 0.8278 at 08:22 GMT, gaining 0.24% for the day. Support was to be received at December 11th low, 0.8201, while […]
Read moreDecember 12, 2013 8:20 am
Australian dollar fell for a second day against its US counterpart on Thursday, after a report said that Australian rate of unemployment rose in November and despite that economy added more new jobs than initially projected during the same month. AUD/USD slid to a session low at 0.9011 at 3:50 GMT, after which consolidation followed […]
Read moreDecember 11, 2013 2:37 pm
The euro touched fresh six-week highs against the greenback and advanced for a sixth day, registering the longest string of gains since December 2012. The euro was supported by ECB Vice-president comments. EUR/USD hit a session high at 1.3796 at 14:19 GMT, gaining 0.25% on a daily basis. Support was likely to be received at […]
Read moreDecember 11, 2013 10:35 am
The sterling fell on Wednesday, after closing at the strongest level in more than two years against the greenback yesterday, ahead of BoE policy maker Martin Weales speech. GBP/USD reached a session low at 1.6391 at 10:17 GMT, losing 0.33% for the day. Yesterday the pair closed at the highest level since August 2011. Support […]
Read moreDecember 11, 2013 8:23 am
The yen rebounded from yesterdays 6-1/2-month lows against the US dollar on upbeat data from Japans machinery industry. USD/JPY hit a session low at 102.41 at 07:46 GMT, losing 0.41% for the day. Support was likely to be received at December 6th low, 101.72, while resistance was to be encountered at December 10th high, 103.39. […]
Read moreDecember 11, 2013 8:10 am
Australian dollar fell against its US counterpart on trading Wednesday, after Westpac – Melbourne Institute published the results of a survey on consumer sentiment in Australia, which showed that the corresponding index dropped in December. AUD/USD reached a session low at 0.9116 at 6:45 GMT, after which consolidation followed at 0.9118, losing 0.34% for the […]
Read moreDecember 10, 2013 2:40 pm
The euro advanced to six-week highs against the US dollar amid ECB Governors comments and rising optimism in the Euro zone. EUR/USD reached a session high at 1.3774 by 14:30, gaining 0.24% for the day, the strongest since the end of October. Support was likely to be received at December 9th low, 1.3695, while resistance […]
Read moreDecember 10, 2013 10:45 am
The sterling advanced against the US dollar, after a number of UK reports signaled that the British economic recovery is deepening. Having reached the strongest level since August 2011 at 1.6466 by 04:40 GMT, GBP/USD traded at 1.6454, gaining 0.16% on a daily basis, by 10:44 GMT. Support was likely to be found at December […]
Read moreDecember 10, 2013 8:07 am
The Japanese yen declined to the lowest level in a 6-1/2 months against the greenback, following increased odds for a Fed taper on FOMCs December 17-18th policy meeting amid shrinking Japanese activity in the services sector. USD/JPY reached a session high at 103.39 at 06:59 GMT. The pair snapped daily gains to trade at 103.25 […]
Read moreDecember 10, 2013 7:44 am
Australian dollar preserved losses against its US rival on Tuesday, after a survey on business confidence and business conditions in Australia, conducted by the National Australia Bank (NAB), revealed mixed results. AUD/USD slid to a session low at 0.9076 during the early phase of Asian trade, after which consolidation followed at 0.9096, losing 0.16% for […]
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