March 17, 2014 10:19 am
US dollar touched highs unseen in two weeks against the Russian ruble on Monday, after an unexpected surge in Russian shares eased fears that results from Crimean referendum will cause an immediate escalation in geopolitical tension. USD/RUB rose to a session high at 36.723 at 8:15 GMT, also the pairs highest point since March 3rd, […]
Read moreMarch 17, 2014 9:57 am
Australian dollar surged against the Japanese yen on trading Monday, after the vote in the Crimean peninsula and while Westpac Banking Corp. reduced its forecast that the Reserve Bank of Australia (RBA) may cut borrowing costs further this year. AUD/JPY touched a session high at 92.44 at 9:05 GMT, after which consolidation followed at 92.34, […]
Read moreMarch 17, 2014 8:54 am
US dollar gained against the Japanese yen on Monday, paring a portion of its last weeks loss, after a surge in Russian shares eased fears that results from Crimean referendum will cause an immediate escalation in geopolitical tension. Demand for safe haven assets, such as the yen and the Swiss franc seemed to be reduced. […]
Read moreMarch 17, 2014 8:05 am
Australian dollar gained ground against its US counterpart on trading Monday, after the preliminary results from Crimeas referendum, while an expert from Westpac Banking Corp. expected no further cuts in borrowing costs by the Reserve Bank of Australia (RBA) during this year. AUD/USD hit a session high at 0.9063 at 6:05 GMT, after which consolidation […]
Read moreMarch 16, 2014 8:37 am
The euro regained ground against the US dollar on Friday, after it retreated from the strongest level since October 2011 a day before, following comments by the ECB President Mario Draghi that the central bank is closely monitoring gains in the 18-nation common currency. EUR/USD touched a session high at 1.3936 at 14:15 GMT, after […]
Read moreMarch 15, 2014 7:43 pm
Australian dollar traded little changed against its US counterpart during the late phase of US session on Friday, as concerns that Chinese economy was slowing down and Crimea tensions urged market players to reduce their possessions of high-yielding assets, while the gauge of consumer confidence by Thomson Reuters and the University of Michigan regarding the […]
Read moreMarch 14, 2014 2:15 pm
The loonie, as the Canadian dollar is best known trimmed daily losses against its US counterpart to trade little changed, following the release of a weaker-than-projected US consumer sentiment and wholesale prices data. USD/CAD touched a session high at 1.1111 at 07:30 GMT, after which the pair trimmed daily gains to trade little changed at […]
Read moreMarch 14, 2014 10:24 am
The euro regained ground against the US dollar on Friday, after retreating yesterday from the strongest level since October 2011, following comments by the ECB President Mario Draghi that the central bank is closely monitoring gains in the 18-nation common currency. EUR/USD touched a session high at 1.3896 at 10:15 GMT, after which the pair […]
Read moreMarch 14, 2014 9:07 am
The yen was poised for the biggest five-day increase against the US dollar in seven weeks, as rising tension in Ukraine, ahead of a referendum in Crimea on splitting to join Russia, boosted demand for haven assets. USD/JPY touched a session low at 101.50 at 06:25 GMT, after which the pair consolidated at 101.60, losing […]
Read moreMarch 14, 2014 8:14 am
Australian dollar traded lower and was set to register a weekly loss against its US counterpart on Friday, as concerns that Chinese economy was slowing down and Crimea tensions urged investors to reduce their possessions of high-yielding assets, such as the Aussie. AUD/USD touched a session low at 0.8997 at 5:20 GMT, after which consolidation […]
Read more