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USD/CAD rises to fresh five-month highs after Canadian current account report

November 28, 2013 2:49 pm
US dollar advanced to fresh five-month highs against its Canadian rival on Thursday, as a report showed that the deficit on Canadas current account shrank considerably less than projected during the third quarter of the year. USD/CAD touched a daily high at 1.0598 at 14:00 GMT, also the pairs highest point since July 5th, after […] Read more

GBP/USD trades in proximity to ten-month highs on Carney’s testimony

November 28, 2013 1:27 pm
The sterling advanced for a third consecutive day versus the US dollar, touching the highest 10-month level on Mark Carneys testimony. GBP/USD reached a session high at 1.6353 at 11:20 GMT, which is the highest level since January 2nd. Support was likely to be encountered at November 27th low, 1.6198, while resistance was to be […] Read more

NZD/USD trades steadily as NZ business confidence rises to 15-year highs

November 28, 2013 9:09 am
New Zealand dollar traded steadily against its US counterpart on Thursday, after a survey showed that business confidence in New Zealand rose to almost 15-year highs in November, while the greenback was supported by another survey pointing strong consumer sentiment in the United States. NZD/USD touched a session high at 0.8178 at 5:05 GMT, after […] Read more

USD/JPY reaches six-month highs, supported by upbeat consumer sentiment

November 28, 2013 8:15 am
US dollar advanced to highs unseen in six months against the Japanese yen on Thursday, as Thomson Reuters in cooperation with the University of Michigan reported yesterday that their index, gauging consumer sentiment in the United States, surpassed expectations in November. Having touched a six-month high at 102.28 during the early phase of Asian trade, […] Read more

EUR/JPY soars to 4-year highs on German coalition deal, Gfk Consumer index

November 27, 2013 3:19 pm
Euro rose to highs unseen in 4 years against the Japanese yen, on German coalition deal and improved consumer confidence in Germany, according to a survey by Gfk Consumer research group. EUR/USD reached a session high at 138.65 at 14:40 GMT, gaining 0.86% on a daily basis. This is the highest level since August 2009. […] Read more

USD/CAD reaches five-month highs after US durable goods orders and initial jobless claims reports, falling crude oil prices pressure the loonie

November 27, 2013 3:00 pm
US dollar rose to highs unseen in five months against its Canadian counterpart on Wednesday, as the number of initial jobless claims in the United States fell last week and overall durable goods orders decreased in October, while prices of crude oil, Canadas largest export, declined for a fourth day in a row, additionally pressuring […] Read more

NZD/USD trades lower ahead of US data string

November 27, 2013 1:06 pm
New Zealand dollar edged lower against its US counterpart on Wednesday, as markets awaited the release of the last string of economic data scheduled for this week out of the United States. NZD/USD fell to a daily low at 0.8169 at 1:44 GMT, after which consolidation followed at 0.8181, losing 0.16% for the day. Support […] Read more