September 5, 2013 12:39 pm
Having lost ground against the US dollar earlier on Thursday, the sterling managed to recover and climb to the highest point for todays trade, after Bank of England (BoE) decided to leave its monetary policy unchanged. GBP/USD hit a session high at 1.5661 at 11:19 GMT, after which consolidation followed at 1.5646, gaining 0.12% for […]
Read moreSeptember 5, 2013 9:05 am
US dollar advanced to its highest level in six weeks against the Japanese yen on Thursday, following the decision by Bank of Japan to leave its monetary policy course unchanged and amid expectations of a possible scale back of Federal Reserve Banks easing program this month. USD/JPY hit a session high at 100.08 at 7:35 […]
Read moreSeptember 5, 2013 7:26 am
The euro slipped to negative territory against the US dollar on Thursday, as market players remained wary ahead of European Central Banks (ECB) rate decision and the ADP report on US employment. EUR/USD slid to a session low at 1.3162 at 5:45 GMT, after which consolidation followed at 1.3175, down by 0.24% for the day. […]
Read moreSeptember 5, 2013 6:49 am
Australian dollar came off over two-week highs against its US peer on Thursday, following the downbeat trade balance report out of Australia and ahead of ADP Research Institute report on employment in the United States. AUD/USD fell from the current session high at 0.9187, recorded at 1:50 GMT, which was pairs highest level since August […]
Read moreSeptember 4, 2013 2:54 pm
US dollar entered negative territory against its Canadian counterpart on Wednesday, following the release of downbeat US and Canadian trade balance reports, while expectations that the Federal Reserve Bank will begin trimming its asset purchases in September were still providing support for the greenback. USD/CAD reached a session low at 1.0477 at 10:30 GMT, also […]
Read moreSeptember 4, 2013 2:24 pm
The euro was trading steadily against the US dollar on Wednesday, after the release of downbeat trade balance data out of the United States, while concerns over a possible military campaign against Syria by the US were still present. EUR/USD touched a session high at 1.3185 at 10:46 GMT, after which consolidation followed at 1.3166, […]
Read moreSeptember 4, 2013 9:28 am
The pound soared to its highest point today against the US dollar, following the release of stronger than expected report on services PMI in the United Kingdom. GBP/USD hit a session high at 1.5609 at 9:02 GMT, after which the pair consolidated at 1.5605, up by 0.29% for the day. Support was likely to be […]
Read moreSeptember 4, 2013 8:57 am
US dollar was little changed against the Japanese yen on Wednesday, as positive Japanese PMI supported the yen, while expectations of a near-term scale back of the Federal Reserve Banks Quantitative Easing continued underpinning demand for the greenback. USD/JPY reached a session high at 99.79 at 6:04 GMT, after which consolidation followed at 99.60, with […]
Read moreSeptember 4, 2013 8:17 am
New Zealand dollar climbed to its highest point on Wednesday against its US peer, but gains seemed to remain capped due to mounting expectations that the Federal Reserve Bank will pare back its stimulus program in September. NZD/USD rose to a session high at 0.7866 at 8:05 GMT, after which consolidation followed at 0.7864, gaining […]
Read moreSeptember 4, 2013 7:56 am
Australian dollar climbed to the highest in two weeks against its US peer on Wednesday, following a report to show that Australian Gross Domestic Product exceeded expectations during the second quarter of the year, despite that expectations of a possible scale back of Federal Reserves stimulus program still underpinned demand for the greenback. AUD/USD rose […]
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