May 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 […]
Read moreMay 28, 2013 8:52 am
Increased demand for US dollars influenced British pound on Tuesday, as GBP/USD edged lower. The pair tumbled to 1.5062 during European trade session, lowest value since Friday, then consolidation followed at 1.5090-1.5094. Support was expected at 1.5018, lowest from May 22nd, while the pair was to meet resistance at 1.5159, Monday highest. Expectations arose that […]
Read moreMay 28, 2013 7:27 am
The Australian dollar moved up against its US counterpart during early European trade on Tuesday, as investors await the crucial economic data from United States, scheduled to be released later today. However, AUD/USD still remained close to 11-month lows. The pair reached 0.9653 in the late hours of Asian session, while currently trading at 0.9656. […]
Read moreMay 28, 2013 7:17 am
US dollar expanded positions against its major peers during early European trade on Tuesday in expectation of crucial data from the United States. The dollar index, which gauges US currency performance against a basket of six other major currencies, rose to 83.99, adding 0.1%, as speculations appeared that potentially good fundamentals from US, could encourage […]
Read moreMay 28, 2013 6:48 am
Euro zones second largest economy must deliver promised budget cuts in order to avoid further credit rating downgrade, analyst from Standard & Poors said yesterday. The ratings agency diminished the AAA credit rating of France in January 2012, and it would confirm the countrys AA rating, if France managed to stabilize public debt ratio by […]
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