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USD/CHF retreats during late US trade on Friday, nearing three-week lows

November 23, 2013 3:33 pm
US dollar traded in proximity to lows unseen in three weeks against the Swiss franc during the late phase of US session on Friday, as safe haven demand for the greenback was pressured, because investorsoptimism increased following the release of German business climate data earlier in the day. After having fallen to a session low […] Read more

SEK peaks higher against EUR after confidence data exceeds best estimates

November 22, 2013 2:54 pm
SEK advanced against EUR, after the release of a report about the values of three different indicators, which measure the consumers and business confidence in Sweden. All of them had beaten the analysts forecasts. EUR/SEK reached a session low at 8.8794, at 9:45 GMT, the lowest since November the 12-th. Support was likely to be […] Read more

USD/CAD preserves gains despite upbeat Canadian retail sales

November 22, 2013 2:45 pm
US dollar continued trading on positive territory against its Canadian counterpart on Friday, despite the unexpectedly sharp climb of Canadian retail sales in September, as the greenback was still supported by the positive set of data, released on Thursday. Having climbed to a daily high at 1.0569 at 10:35 GMT, the highest level since July […] Read more

EUR/USD hits daily highs as German business climate sharply improves

November 22, 2013 10:51 am
The euro advanced to daily highs against the US dollar on Friday, after a report by the Ifo research institute revealed that business climate in Germany suddenly improved in November, while additional support for the common currency was still provided by comments made by European Central Bank (ECB) President Mario Draghi. EUR/USD hit a session […] Read more

EUR/USD remains on positive territory despite upbeat US initial jobless claims data

November 21, 2013 2:20 pm
The euro continued trading higher against the US dollar on Thursday, despite that the number of initial jobless claims in the United States dropped more than projected, while the index of producer prices met expectations, as the common currency was still supported by comments made by European Central Bank President Mario Draghi earlier in the […] Read more

GBP/USD edges higher as UK industrial orders climb the most since 1995

November 21, 2013 1:15 pm
British pound edged higher against the US dollar on Thursday, after the Confederation of British Industry (CBI) reported that manufacturers orders in the United Kingdom registered the largest increase since 1995 in November, while another report said nations budget deficit narrowed in October. GBP/USD climbed to a daily high at 1.6141 at 12:10 GMT, after […] Read more