November 27, 2013 9:05 am
The US dollar preserved gains against the Japanese yen, on Wednesday, trading in proximity to highs unseen in six months. The minutes of Bank of Japan’s (BoJ) most recent policy meeting revealed, that some policymakers saw greater downside risks to nation’s economy, while the majority saw a balanced risk. USD/JPY reached a session high at […]
Read moreNovember 27, 2013 8:23 am
Having slipped to almost three-month lows earlier, the Australian dollar regained some ground to trade little changed against its US counterpart on Wednesday, following a report, which showed residential construction continued lagging during the third quarter of the year, while overall construction work done surpassed preliminary estimates. AUD/USD touched a daily low at 0.9100 at […]
Read moreNovember 26, 2013 3:30 pm
Thailands baht depreciated the most since September 11-th against the US dollar, before the no-confidence debate in parliament today against Prime Minister Yingluck Shinawatra and amid continuing anti-government protests. USD/THB reached a session high at 32.121 at 14:50 GMT, gaining 0.26% for the day. Support was to be found at September 11-th high, 32.170, while […]
Read moreNovember 26, 2013 3:12 pm
Having touched daily lows earlier, US dollar regained some ground against its Canadian counterpart on Tuesday, following the release of positive housing data out of the United States. USD/CAD touched a session high at 1.0554 at 14:30 GMT, after which consolidation followed at 1.0550, gaining 0.07% for the day. Support was likely to be received […]
Read moreNovember 26, 2013 1:15 pm
British pound trimmed its daily advance against the US dollar, following Bank of England (BoE) Governor Mark Carneys testimony before the Treasury Committee, where he said that an unemployment rate of 7% was a threshold for a rate hike. GBP/USD reached a session high at 1.6194 at 8:50 GMT, after which consolidation followed at 1.6175, […]
Read moreNovember 26, 2013 12:18 pm
The USD/CNY traded unchanged, although air tension rises in the Chinese-Japanese conflict area. The spot rate for the yuan traded in Shanghai was steady at 6.0927, according to China Foreign Exchange Trade System. Support was likely to be received at November 20th low, 6.0916, while resistance was to be encountered at November 21st high, 6.1300. […]
Read moreNovember 26, 2013 9:40 am
Australian dollar snapped a four-day loss against its US counterpart on Tuesday, after Reserve Bank of Australias Deputy Governor Philip Lowe cooled recent speculation that the bank was close to intervention in the currency market, as the bar for such a move was high. AUD/USD touched a session high at 0.9204 at 7:40 GMT, after […]
Read moreNovember 26, 2013 8:39 am
EUR/USD hit a one-week high after the statement of the Governor of Peoples Bank of China (PBOC), Zhou Xiaochuan, made in Beijing earlier today. The EUR/USD reached a session high at 1.3571 at 8:25 GMT, gaining 0.39% on a daily basis. Support was likely to be found at November 25th low, 1.3490, while resistance was […]
Read moreNovember 26, 2013 8:13 am
US dollar snapped a three-day advance against the Japanese yen on Tuesday, after the minutes of Bank of Japans (BoJ) most recent policy meeting revealed that some policymakers saw greater downside risks to nations economy, while the majority saw a balanced risk. USD/JPY fell to a daily low at 101.34 at 0:20 GMT, after which […]
Read moreNovember 25, 2013 3:23 pm
US dollar preserved gains against its Canadian counterpart on Monday, despite the index of pending home sales in the United States dropped in October, while crude oil futures plunged after a deal on Iranian nuclear program has been struck, which pressured demand for the Canadian currency. Having touched its highest point since July 8th at […]
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