January 30, 2014 10:37 am
The pound declined to the weakest level in more than a week against the US dollar, after the Federal Reserve Bank announced that it will scale back its monetary stimulus by $10 billion at its two-day policy meeting concluded yesterday. GBP/USD reached a session low at 1.6445 at 10:07 GMT, after which consolidation followed at […]
Read moreJanuary 30, 2014 9:41 am
The euro touched one-week low against the US dollar, after the Federal Reserve Bank announced that it will scale back its monetary stimulus by $10 billion at its two-day policy meeting concluded yesterday. EUR/USD touched a session low at 1.3597 at 09:30 GMT, after which consolidation followed at 1.3608, losing 0.41% for the day. Support […]
Read moreJanuary 30, 2014 8:33 am
Australian dollar fell to lows unseen in 3.5 years against its US rival on Thursday, after the Federal Reserve Bank decided to pare back its monthly monetary stimulus at its policy meeting yesterday in line with expectations. AUD/USD touched a daily low at 0.8711 at 1:45 GMT, also the pairs lowest point since July 20th […]
Read moreJanuary 29, 2014 2:19 pm
The yen traded in proximity to seven-week highs against the US dollar as Turkeys central bank steps to stop a sell-off in the nations currency failed to support other emerging markets currencies, making safe-haven currencies, such as the yen more appealing. USD/JPY hit a session low at 102.02 at 14:08 GMT, after which consolidation followed […]
Read moreJanuary 29, 2014 12:54 pm
The euro declined against the US dollar, following data that showed the M3 money supply in the euro zone expanded less than expected, while private loans declined for a 20th straight month. Meanwhile, the greenback remained to be supported by expectations for further stimulus cuts at FOMCs two-day meeting, due to be concluded later today. […]
Read moreJanuary 29, 2014 9:45 am
The pound advanced against the US dollar, after a report revealed UK house prices increased for a 13th straight month, reaching the highest level since April 2008. GBP/USD reached a session high at 1.6606, after which consolidation followed at 1.6595, adding 0.1% for the day. Support was likely to be received at January 28th low, […]
Read moreJanuary 28, 2014 3:47 pm
The yen declined against the US dollar as investors awaited the outcome of FOMC’s two-day meeting, where policy makers are expected to further scale back Fed’s monthly bond purchases. USD/JPY hit a session high at 103.25 at 10:15 GMT, after which consolidation followed at 102.91, adding 0.35% for the day. On January 24th, USD/JPY touched […]
Read moreJanuary 28, 2014 12:54 pm
The pound retreated from 2-1/2-year highs against the US dollar after a report showed the UK economy in the fourth quarter expanded less than some analysts had forecast. GBP/USD hit a session low at 1.6538 at 10:15 GMT, after which consolidation followed at 1.6567, losing 0.10% on a daily basis. Support was likely to be […]
Read moreJanuary 28, 2014 9:38 am
The euro declined against the US dollar as investors awaited the outcome of FOMC’s two-day meeting where policy makers are expected to further scale back Fed’s monthly bond purchases. EUR/USD touched a daily low at 1.3657, after which consolidation followed at 1.3660, losing 0.1% for the day. Support was likely to be received at January […]
Read moreJanuary 27, 2014 3:52 pm
The pound advanced against the US dollar on Monday, as data showed new home sales in the United States unexpectedly declined in December. GBP/USD hit a session high at 1.6587 at 14:05 GMT, after which consolidation followed at 1.6577, adding 0.58% for the day. Support was likely to be received at January 24th low 1.6479, […]
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