March 11, 2014 9:09 am
The yen traded little changed against the US dollar on Tuesday, after the Bank of Japan kept record easing, before an April sales-tax increase that may trigger the worst one-quarter contraction since the March 2011 earthquake. USD/JPY hit a session low at 103.19 at 08:00 GMT, after which the pair erased earlier losses to trade […]
Read moreMarch 11, 2014 8:00 am
Australian dollar traded slightly higher against its US counterpart on Tuesday ahead of the report on employment change in Australia during February, scheduled to be published on March 13th. AUD/USD reached a session high at 0.9043 at 6:59 GMT, while at 7:16 GMT the pair was gaining 0.16% on a daily basis to trade at […]
Read moreMarch 10, 2014 2:17 pm
The loonie, as the Canadian dollar is best known, fell to more than one-week low against its US counterpart, despite data showed today that Canadian housing starts rose at a faster-than-expected pace in February. However, loonies demand continued to be pressured after Canadian employment unexpectedly declined for the second time in three months in February, […]
Read moreMarch 10, 2014 12:38 pm
The euro retreated from highs unseen since October 2011 against the US dollar, after European Central Bank Governing Council member Christian Noyer said that strengthening of the 18-nation common currency created downward pressure on euro zones economy. EUR/USD hit a session low at 1.3867 at 11:27 GMT, after which the pair trimmed daily losses to […]
Read moreMarch 10, 2014 9:35 am
The yen trimmed daily gains against the US dollar after data showed Japans economy expanded at a slower-than-expected pace in the fourth quarter and the current account deficit widened to a record in January, fueling concerns over the nations economic outlook, before a sales-tax increase in April. USD/JPY touched a session low at 102.94 at […]
Read moreMarch 10, 2014 8:02 am
Australian dollar lost ground against its US counterpart on trading Monday, after Chinas exports declined the most since 2009, while continuing tension on the Crimean peninsula triggered safe haven demand. AUD/USD touched a daily low at 0.9023 at 7:03 GMT, after which consolidation followed at 0.9027, falling 0.47% for the day. Support was likely to […]
Read moreMarch 9, 2014 8:49 am
The euro advanced to the strongest level in more than two years against the US dollar on Friday, after European Central Bank President Mario Draghi signaled that deflation risks in the euro zone are easing, reducing bets ECB will add to monetary stimulus. EUR/USD touched a 29-month high at 1.3915 at 11:30 GMT, after which […]
Read moreMarch 8, 2014 2:25 pm
Australian dollar came off fresh three-month highs against the US dollar on trading Friday, after official data revealed that employers in US non-farm sector added more jobs than initially projected in February. Having touched a new daily high at 0.9134 at 13:12 GMT, also the highest level since December 11th, AUD/USD lost ground to close […]
Read moreMarch 7, 2014 2:37 pm
The loonie, as the Canadian dollar is best known, retreated from the strongest level in more than two weeks against the US dollar, after data showed US employers added higher-than-expected number of workers last month, easing concerns over the US economic outlook. At the same time, data showed that Canadian employers eliminated jobs last month, […]
Read moreMarch 7, 2014 10:47 am
The pound trimmed daily gains to trade little changed against the US dollar, after an official report showed UK consumer inflation expectations declined in the three months through December, while at the same time investors awaited the release of US payrolls data later in the day, which may show employers added more workers to payrolls […]
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