May 30, 2013 7:09 am
On Thursday trade the euro remained higher versus US dollar, as the greenback still experienced weakness against it major peers, which was the the case from yesterday also, when Japanese yen expanded its positions and put pressure on US dollar. Asian trade showed EUR/USD hit 1.2986, highest value since May 24th, after which the cross […]
Read moreMay 29, 2013 1:51 pm
On Wednesday US dollar showed retreat against its major peers, while British pound recorded a session high against the greenback. GBP/USD hit 1.5130 during late European session, after which consolidated at 1.5110-1.5115. Support was expected at current session low, 1.5007, while resistance was to be met at May 27th high, 1.5155. One major reason for […]
Read moreMay 29, 2013 1:18 pm
The euro extended its positions against US dollar during Wednesday trade session, as dollar registered losses against the yen, which caused impact on greenbacks positions against other major currencies. During the later hours of European session EUR/USD reached 1.2977, highest value for current trade, after which consolidation followed at levels 1.2950-1.2955. Support was meant to […]
Read moreMay 29, 2013 12:36 pm
The Confederation of British Industry (CBI) reported that British Retail Sales declined during May to a lowest level for the past year. Consumer budgets remained under pressure due to rising prices and slowed down income rising rate. Retail sellers projected smaller investments. According to official data The Confederation of British Industry (CBI) Distributive Trades indicator decreased […]
Read moreMay 29, 2013 9:48 am
On Wednesday US dollar remained mostly weak against the Japanese yen, which caused impact on greenbacks positions versus the other major currencies. USD/JPY fell down to 101.52 during European trade session. Yens strength came after its yesterdays retreat by almost 1.4%, because Japanese stocks registered a decline through the course of a volatile trade. The […]
Read moreMay 29, 2013 8:56 am
On Wednesday EUR/USD hit highest value for the session after economic data from Germany, regarding Unemployment Change. The pair reached 1.2892 during European session, highest for the moment, after which consolidation followed at lower levels around 1.2885. The pair was to receive support at todays session low, 1.2837, while resistance was to occur at 1.2948, Tuesday […]
Read moreMay 29, 2013 8:17 am
Australian dollar registered a sharp drop against its US counterpart to 1.5 year low on Wednesday after the release of economic data from Australia. AUD/USD reached 0.9527 during Asian session, lowest since October 5th 2011, after which consolidation followed at 0.9556. Support was meant to be received at October 5th 2011 low, 0.9488, while resistance […]
Read moreMay 28, 2013 2:05 pm
Official data showed that S&P/Case-Shiller Composite-20 Home Price Index in United States registered a rise by 10.87% during March 2013, compared to March 2012, as the indicator changed at the biggest rate since April 2006. The index, which gauges home price changes in 20 major cities throughout United States, recorded improved values in every single city. […]
Read moreMay 28, 2013 11:27 am
USD/CHF pair rose during trade session on Tuesday, with markets focused on the upcoming US data later in the day. The cross reached 0.9706 during European session, highest value since May 24th, after which consolidation followed at lower levels – 0.9654. USD/CHF was expected to receive support at Monday low, 0.9592, while resistance levels were […]
Read moreMay 28, 2013 9:10 am
The New Zealand dollar gained positions against its US counterpart during relatively calm trade session on Tuesday. The pair hit 0.8120 during European session, highest value for today, after which consolidation followed at 0.8111-0.8115. Support levels were expected at 0.8006, lowest from May 23rd, while resistance was to be met at 0.8171, highest from May […]
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