April 16, 2014 2:08 pm
The British pound approached to the strongest level in more than four year against the US dollar as the UK unemployment fell to the weakest level in five years in the three months through February, raising speculations BoE would have to raise interest rates sooner-than-projected. GBP/USD hit a session high at 1.6818 at 08:50 GMT, […]
Read moreApril 16, 2014 1:16 pm
The euro snapped three days of declines against the US dollar, following US housing data that came below market expectations, adding to fears the US housing sector might be slowing momentum. However, gains were capped as the 18-nation common currency was pressured as inflation in the currency bloc remained at the weakest since October 2009, […]
Read moreApril 16, 2014 9:13 am
During yesterday’s trading session CAD/JPY traded within the range of 92.38-92.95 and closed at 92.72. At 09:12 GMT today CAD/JPY was gaining 0.3% for the day to trade at 93.10. The pair touched a daily high at 93.19 at 06:10 GMT, breaching the first resistance level of 92.99. Fundamental view The Bank of Canada will […]
Read moreApril 16, 2014 8:54 am
During yesterday’s trading session USD/CAD traded within the range of 1.0964-1.1014 and closed at 1.0986. At 08:50 GMT today USD/CAD was gaining 0.03% for the day to trade at 1.0982. The pair touched a daily high at 1.0993 at 02:15 GMT. Fundamental view United States Housing starts in the US probably rose to 0.975 million […]
Read moreApril 16, 2014 7:14 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8316-1.8432 and closed at 1.8376. At 07:12 GMT today GBP/CAD was gaining 0.07% for the day to trade at 1.8378. The pair touched a daily high at 1.8398 at 01:45 GMT. Fundamental view United Kingdom In the UK, the jobless claims declined by 30 000 […]
Read moreApril 16, 2014 6:42 am
During yesterday’s trading session EUR/AUD traded within the range of 1.4671-1.4800 and closed at 1.4784. At 06:37 GMT today EUR/AUD was gaining 0.03% for the day to trade at 1.4760. The pair touched a daily high at 1.4800 at 00:45 GMT. Fundamental view The final reading of the harmonized index of consumer prices (HICP) in […]
Read moreApril 16, 2014 6:31 am
During yesterday’s trading session EUR/NOK traded within the range of 8.2200-8.2530 and closed at 8.2253. At 06:22 GMT today EUR/NOK was losing 0.02% for the day to trade at 8.2222. The pair touched a daily low at 8.2175 at 06:00 GMT. Fundamental view The final reading of the harmonized index of consumer prices (HICP) in […]
Read moreApril 15, 2014 1:55 pm
The euro declined for a third day against the US dollar, after a report by the US Bureau of Labor Statistics revealed consumer inflation in the US rose at a higher-than-expected pace last month, adding to signs for a healthy economic recovery and growth. EUR/USD hit a session low at 1.3791 at 09:00 GMT, after […]
Read moreApril 15, 2014 11:27 am
During yesterday’s trading session USD/JPY traded within the range of 101.42-102.01 and closed at 101.92. At 11:23 GMT today USD/JPY was gaining 0.01% for the day to trade at 101.87. The pair touched a daily high at 102.00 at 03:30 GMT. Fundamental view The cost of living in the US probably increased 1.4% in March […]
Read moreApril 15, 2014 10:01 am
During yesterday’s trading session USD/MXN traded within the range of 13.0164-13.0986 and closed at 13.0259. At 09:53 GMT today USD/MXN was gaining 0.14% for the day to trade at 13.0408. The pair touched a daily high at 13.0520 at 07:20 GMT. Fundamental view The cost of living in the US probably increased 1.4% in March […]
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