November 12, 2013 7:44 am
Australian dollar traded lower and in proximity to six-week lows against its US counterpart on Tuesday, after the National Australia Banks (NAB) survey on business confidence for October revealed that a persistently expensive national currency is obstructing business projects. AUD/USD reached a session low at 0.9326 at 7:05 GMT, after which consolidation followed at 0.9331, […]
Read moreNovember 11, 2013 3:08 pm
US dollar was little changed and in proximity to two-month highs against its Canadian counterpart during the thin trade on Monday, as US and Canadian economic reports, released on Friday, bolstered bets that economy of the North American region may outperform the rest of the world. USD/CAD touched a session high at 1.0487 during the […]
Read moreNovember 11, 2013 2:18 pm
US dollar traded little changed against the Japanese yen on Monday, as Japanese current account surplus widened more than expected in September and investment income overseas increased in value due to weaker yen. USD/JPY slipped to a session low at 98.92 at 7:00 GMT, after which consolidation followed at 99.18, gaining 0.10% for the day. […]
Read moreNovember 11, 2013 12:50 pm
Australian dollar traded lower against its US counterpart on Monday, nearing the lowest point in five weeks, despite the upbeat industrial production data out of China released during the weekend while Australian home lending increased in September, as the prospects of a sooner than projected scale back of Feds quantitative easing were still providing support […]
Read moreNovember 10, 2013 12:58 pm
US dollar demostrated a strong rally against the Japanese yen on trading Friday, supported by the unexpected increase in US non-farm payrolls during October, which also boosted speculation that the Federal Reserve Bank may consider a scale back of its stimulus program sooner than expected. USD/JPY closed at 99.09 on Friday, soaring 1.01% on a […]
Read moreNovember 9, 2013 11:54 am
US dollar traded higher and in proximity to two-month highs during the late phase of US session, following the upbeat non-farm payrolls report out of the United States and another better than projected employment report out of Canada for October, but however, US consumer confidence was reported to have dropped unexpextedly in November. Having touched […]
Read moreNovember 8, 2013 2:24 pm
The euro dropped to fresh daily lows against the US dollar on Friday, as private sector in the United States added almost twice more job positions than expected in October, which boosted speculation that the Federal Reserve Bank may consider tapering its quantitative easing soon. EUR/USD reached a session low at 1.3358 at 13:30 GMT, […]
Read moreNovember 8, 2013 12:34 pm
British pound traded lower against the US dollar on Friday, after a report showed that the deficit on United Kingdoms trade balance widened unexpectedly in September, as concerns arose that this larger deficit could have a negative impact on growth during the third quarter. GBP/USD slipped to a session low at 1.6060 at 9:50 GMT, […]
Read moreNovember 8, 2013 10:25 am
New Zealand dollar traded higher against its US counterpart on Friday, after a report showed Chinese exports rose at a faster than projected pace in October, following the surprising decline a month ago. NZD/USD climbed to a session high at 0.8350 at 7:40 GMT, after which consolidation followed at 0.8330, rising 0.07% for the day. […]
Read moreNovember 8, 2013 9:30 am
The euro traded lower against the US dollar on Friday, heading for its largest two-week drop in over 1 year, as Standard & Poor’s revised down Frances long-term credit rating, which boosted the pressure upon the single currency, especially after yesterdays rate decision by the European Central Bank. EUR/USD slipped to a session low at […]
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