February 5, 2014 2:26 pm
The loonie, as the Canadian dollar is best known, declined against its US counterpart, after a government report revealed the number of Canadian building permits sharply fell in December. USD/CAD hit a one-week low at 1.1038 at 13:22 GMT, after which the pair erased earlier declines to trade at 1.1098 at 14:25 GMT, adding 0.15% […]
Read moreFebruary 5, 2014 12:59 pm
The euro traded little changed against the US dollar, as expansion of the euro area private sector was offset by declining retail sales in December. EUR/USD hit a session high at 1.3529 at 09:40 GMT, after which the pair consolidated at 1.3522 to trade little changed. Support was likely to be received at February 4th […]
Read moreFebruary 5, 2014 10:12 am
The pound declined towards a seven-week low against the US dollar, as data showed the activity in the UK services sector expanded at a slower-than-expected pace in January. GBP/USD hit a session low at 09:57 GMT, after which consolidation followed at 1.6274, losing 0.31% for the day. Support was likely to be received at February […]
Read moreFebruary 5, 2014 8:01 am
Australian dollar lost ground against its US counterpart on trading Wednesday, after marking its most considerable daily advance since June yesterday, ahead of Reserve Bank of Australias quarterly policy statement, scheduled to be released on Friday. AUD/USD slipped to a session low at 0.8874 at 3:45 GMT, after which consolidation followed at 0.8892, falling 0.22% […]
Read moreFebruary 4, 2014 1:50 pm
The yen retreated from the strongest level in 2-1/2 months against the US dollar, as a rally in emerging-market currencies decreased demand for haven assets. USD/JPY hit the lowest level in more than two months at 100.75 at 06:00 GMT, after which the pair traded at 101.42 at 13:44 GMT, adding 0.44% for the day. […]
Read moreFebruary 4, 2014 10:04 am
The pound rebounded from a seven-week low against the US dollar, after a report showed that a gauge of UK construction activity surged to 6-1/2-year high. GBP/USD hit a seven-week low at 1.6258 at 06:10 GMT, after which the pair erased earlier losses to trade at 1.6336 at 10:02 GMT, adding 0.19% for the day. […]
Read moreFebruary 4, 2014 9:11 am
The euro declined against the US dollar, following a report that revealed the number of unemployed people in Spain, significantly increased in January to the highest in almost a year, boosting concerns over the economic outlook of the fourth-largest euro zone economy. EUR/USD hit a session low at 1.3494 at 08:20 GMT, after which consolidation […]
Read moreFebruary 4, 2014 8:11 am
Australian dollar recorded a sharp advance to highs unseen in almost three weeks against its US counterpart on trading Tuesday, following Reserve Bank of Australias (RBA) decision to leave its benchmark interest rate unchanged at the policy meeting conducted today. AUD/USD climbed to a daily high at 0.8914 at 7:20 GMT, also the pairs highest […]
Read moreFebruary 3, 2014 2:26 pm
The loonie, as the Canadian dollar is best known, eased off from 4-1/2-year lows against the US dollar, after a government report revealed the Canadian inflation accelerated in December, which added to the outlook that the Canadian economy is gaining momentum. USD/CAD hit a session low at 11:20 GMT, after which consolidation followed at 1.1062, […]
Read moreFebruary 3, 2014 12:21 pm
The pound declined a fifth day against the US dollar, to touch the lowest level in two weeks, following a report that revealed UK manufacturing expanded at a slower-than-expected pace in January. GBP/USD reached a session low at 1.6324 at 10:55 GMT, after which consolidation followed at 1.6338, losing 0.6% for the day. Support was […]
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