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USD/JPY slid in expectation of FOMC decision

July 31, 2013 8:01 am
US dollar registered a retreat against the Japanese yen on Wednesday, as market players remained wary ahead of FEDs statement on monetary policy later today. USD/JPY hit a session low at 97.76 at 6:10 GMT, after which consolidation followed at 97.95, down by 0.08% for the day. Support was expected at June 26th low, 97.24, […] Read more

NZD/USD slightly lower ahead of FOMC decision

July 31, 2013 7:12 am
New Zealand dollar traded slightly lower against its US counterpart on Wednesday, as investors expected the decision on monetary policy by the Federal Open Market Committee later in the day. NZD/USD reached a session high at 0.7990 at 6:06 GMT, after which consolidation followed at 0.7981. Support was likely to be found at July 19th […] Read more

EUR/USD close to session highs

July 30, 2013 2:01 pm
The euro gained ground against the US dollar on Tuesday, trading close to the highest point for current session, following the release of series of economic indicators out of the Euro zone and the United States. EUR/USD touched a session high at 1.3299 at 11:42 GMT, after which the pair consolidated at 1.3285, still up […] Read more

USD/CHF little changed in light trade

July 30, 2013 11:50 am
US dollar remained almost unchanged against the Swiss franc on Tuesday, as market players were cautious ahead of the monthly meeting on policy by the Federal Reserve Bank, scheduled to begin today. USD/CHF slipped to a session low at 0.9291 at 8:51 GMT, after which consolidation followed at 0.9299, down by 0.16% for the day. […] Read more

NZD/USD remained lower

July 30, 2013 9:31 am
New Zealand dollar continued its slide against the US dollar on Tuesday, following the comments by NZ Prime Minister John Key on Monday. NZD/USD fell to its lowest point during the session at 0.7979 at 4:00 GMT, after which consolidation followed at 0.7995. Support was likely to be found at July 19th low, 0.7887, while […] Read more

Aussie collapsed against the US dollar on disappointing building approvals data

July 30, 2013 7:30 am
On Tuesday Australian dollar took a sharp drop of over 1.5% against the greenback, following the disappointing report on building approvals from Australia and later comments by Reserve Bank of Australia (RBA) Governor Glenn Stevens. AUD/USD plunged to a session low at 0.9051 at 6:50 GMT, the lowest point since July 15th, after which consolidation […] Read more

EUR/USD showed little reaction to German Gfk Consumer Confidence

July 30, 2013 6:52 am
The euro was little changed against the US dollar on Tuesday, following the release of optimistic consumer confidence report from Germany, while markets remained edgy ahead of the meetings by the European Central Bank and the Federal Reserve. EUR/USD hit a session low at 1.3246 at 3:41 GMT, after which consolidation followed at 1.3256. Support […] Read more

USD/CAD almost unchanged in light trade, close to one-month lows

July 29, 2013 2:50 pm
US dollar remained little changed against its Canadian counterpart on Monday, still near one-month lows, following the third consecutive daily gain of the loonie, because the price of the crude oil, the largest Canadian export, stood above 100 USD per barrel for the 18th day in a row. USD/CAD hit a session low at 1.0264 […] Read more

USD/CHF off session lows

July 29, 2013 1:08 pm
US dollar managed to erase earlier losses against the Swiss franc during the thin trade on Monday, as market participants were looking ahead to the Federal Open Market Committee (FOMC) FED meeting for clues, regarding interest rate decision, scheduled on Wednesday. USD/CHF bounced off a session low and also a one-month low, recorded at 0.9269 […] Read more

GBP/USD higher after UK mortgage approvals, gains limited

July 29, 2013 11:38 am
British pound moved higher against the US dollar on Monday, following the UK mortgage approvals report, but, however, gains seemed limited as wariness dominated market players decisions ahead of the meetings by the European Central Bank and the Federal Reserve. GBP/USD hit the highest point during the current session at 1.5412 at 8:41 GMT, after […] Read more