February 3, 2014 10:01 am
The euro touched a two-month low against the US dollar, as the weak price pressure in the euro area, boosted speculation that ECB’s policy makers may have to cut interest rates at the upcoming meeting this Thursday. EUR/USD touched the weakest level in two months at 1.3478 at 07:50 GMT, after which it advanced by […]
Read moreFebruary 3, 2014 7:59 am
Australian dollar preserved daily gains against its US counterpart on Monday, after an official report said that manufacturing activity in China, Australias largest export market, increased in January. AUD/USD touched a session high at 0.8772 at 1:15 GMT, after which consolidation followed at 0.8760, gaining 0.09% for the day. Support was likely to be received […]
Read moreFebruary 2, 2014 9:03 am
US dollar traded higher against the Swiss franc on Friday, following a set of overall positive data from the United States, while the Federal Reserve Bank continued with its plans to reduce the scale of monthly monetary stimulus. USD/CHF touched a session high at 0.9080 at 20:00 GMT, or the highest point since January 23rd, […]
Read moreFebruary 1, 2014 4:49 pm
The euro declined to a two-month low against the US dollar on Friday, as euro zone inflation data missed target, while at the same time greenbacks demand was fueled by a set of overall positive data. EUR/USD reached a two-month low at 1.3480 at 15:45 GMT, after which it settled at 1.3489 on Friday, losing […]
Read moreFebruary 1, 2014 9:51 am
Australian dollar managed to distance from lows unseen in 3.5 years, but still remained lower against its US rival during the late phase of US session on Friday, following a set of overall positive data from the United States. AUD/USD plunged to a daily low at 0.8694 at 13:45 GMT, after which the pair closed […]
Read moreJanuary 31, 2014 2:45 pm
The loonie, as the Canadian dollar is best known, declined to the lowest level in more than 4 years, following a report that showed US core personal consumption expenditures index accelerated its annual pace in December. USD/CAD hit a session high at 1.1224, at 13:54 GMT, after which consolidation followed at 1.1210, adding 0.47% for […]
Read moreJanuary 31, 2014 12:43 pm
The euro extended its slide against the US dollar, as inflation in the euro area failed to accelerate towards ECBs target, which boosted speculation that central banks policy makers may have to cut interest rates at the upcoming meeting next week. Having reached a session low at 1.3518 at 10:00 GMT, EUR/USD traded at 1.3532 […]
Read moreJanuary 31, 2014 9:54 am
The yen advanced against the US dollar, following a report that showed the Japanese consumer prices increased more than expected in December. However, the long-term forecast for the exchange rate of the yen against the US dollar has been revised down. Having reached a session low at 102.33 at 05:00 GMT, USD/JPY traded at 102.56 […]
Read moreJanuary 31, 2014 7:56 am
Australian dollar trimmed its advance against its US counterpart on Friday, but was still poised to register its first weekly gain in the past three weeks ahead of Reserve Bank of Australias meeting on policy next week. AUD/USD slid to a session low at 0.8753 at 5:15 GMT, after which consolidation followed at 0.8765, losing […]
Read moreJanuary 30, 2014 2:59 pm
The yen declined against the US dollar, following Fed decision to cut monthly bond purchases, which tend to weaken the US currency. The US dollar was also supported following data that showed consumer spending increased the most in three years. USD/JPY hit a session high at 102.80 at 14:03 GMT, after which consolidation followed at […]
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