March 4, 2014 2:31 pm
The euro advanced against the US dollar on Tuesday, amid increasing bets ECB will refrain from easing monetary policy at its policy meeting on Thursday, after data last week showed the inflation rate in the euro zone accelerated at a faster-than-expected pace in February. EUR/USD hit a session high at 1.3782 at 13:43 GMT, after […]
Read moreMarch 4, 2014 10:19 am
The pound trimmed earlier gains to trade little changed against the US dollar, after a gauge of UK construction activity slowed its pace in February, retreating from 6-1/2-year high in the previous month. GBP/USD hit a session high at 1.6717 at 08:10 GMT, after which the pair trimmed daily gains to trade little changed at […]
Read moreMarch 4, 2014 8:58 am
The yen retreated from one-month high against the US dollar, after it became clear that Russian President Vladimir Putin had ordered troops to return to their bases as military exercises concluded amid rising tensions in the pro-Russian Ukraine’s Crimea region. USD/JPY touched a session high at 101.95 at 06:05 GMT, after which the pair consolidated […]
Read moreMarch 4, 2014 8:00 am
Australian dollar managed to recover from earlier daily losses against its US counterpart on Tuesday, while the Reserve Bank of Australia (RBA) decided to keep borrowing costs without change at its policy meeting today, as the exchange rate of the national currency was still high. Having touched a session low at 0.8910 at 3:45 GMT, […]
Read moreMarch 3, 2014 8:43 am
Australian dollar managed to trim earlier losses against its US counterpart on trading Monday, but remained close to lows unseen in one month, as geopolitical tensions prompted investors to reduce their possessions of riskier assets. Having touched a daily low at 0.8891 at 0:53 GMT, also the pairs lowest point since February 5th, AUD/USD traded […]
Read moreMarch 2, 2014 7:46 am
The euro capped the biggest monthly gain since April, after data showed the inflation rate in the euro zone accelerated at a faster-than-expected pace in February, relieving concerns ECB may ease monetary policy at its meeting next week. EUR/USD touched a two-month high at 1.3824 at 20:00 GMT, after which the pair settled at 1.3802 […]
Read moreMarch 1, 2014 2:36 pm
Australian dollar extended daily losses against its US counterpart during late US session on Friday ahead of Reserve Bank of Australias policy meeting next week and as prospects of maintained stimulus reduction by the Federal Reserve led to lower demand for high-yielding currencies, such as the Aussie. AUD/USD touched a new session low at 0.8916 […]
Read moreFebruary 28, 2014 12:59 pm
The euro advanced to the strongest level in two months against the US dollar, after data showed the inflation rate in the euro zone accelerated at a faster-than-expected pace in February, relieving concerns that ECB may ease monetary policy at its meeting next week in order to stimulate the economy. EUR/USD hit a session high […]
Read moreFebruary 28, 2014 10:01 am
The Japanese yen advanced to the strongest level in almost two weeks against the US dollar as rising tension in Ukraine and the complicated geopolitical situation on the Crimea peninsula, boosted demand for the Japanese currency as a safe-haven. The yen was also supported after data showed the nations inflation rate accelerated to a 5-year […]
Read moreFebruary 28, 2014 9:10 am
The pound advanced against the US dollar to the strongest level in almost two weeks, after official data showed UK home values increased in February for a 14th straight month, adding to evidence the UK economy is gaining traction. GBP/USD hit a session high at 1.6744 at 07:45 GMT, after which consolidation followed at 1.6734, […]
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