December 26, 2013 11:50 am
Australian dollar traded close to lows unseen in one week against its US counterpart on Thursday, as Federal Reserve Bank trims its monthly asset purchases on improving economy. AUD/USD reached a session low at 0.8879, also the pairs lowest point since December 20th, after which consolidation followed at 0.8888, down 0.40% for the day. Support […]
Read moreDecember 25, 2013 10:34 am
Australian dollar traded steadily against its US counterpart on Wednesday after yesterdays report on durable goods orders from the United States, while trading volumes are expected to remain thin during Christmas holiday. AUD/USD touched a session high at 0.8931 at 7:50 GMT, after which consolidation followed at 0.8923, dipping 0.05% for the day. Support was […]
Read moreDecember 24, 2013 9:45 am
Australian dollar lost ground against its US counterpart in subdued trade on Tuesday, as yesterdays data points from the United States supported the view that economy was improving. AUD/USD hit a session low at 0.8906 at 3:25 GMT, after which consolidation followed at 0.8916, down 0.20% for the day. Support was likely to be received […]
Read moreDecember 23, 2013 8:36 am
Australian dollar gained ground against its US counterpart on trading Monday amid speculation that investors are exiting their positions on before year-end and ahead of the release of Federal Reserve’s preferred inflation measure. AUD/USD touched a session high at 0.8946 at 5:40 GMT, after which consolidation followed at 0.8932, gaining 0.10% for the day. Support […]
Read moreDecember 22, 2013 6:21 pm
Having reached highs unseen in two weeks against the Swiss franc, US dollar trimmed gains on Friday, as market players locked-in their gains following Federal Reserves policy decision earlier in the week. After hitting a session high at 0.9001 at 7:40 GMT, USD/CHF closed at 0.8962 on Friday, losing 0.18% for the day, while recording […]
Read moreDecember 21, 2013 3:17 pm
The loonie, as the Canadian dollar is known, touched the lowest in 3-1/2 years against the US dollar, after BoC’s signal that interest rates may stay lower for an extended period of time, in contrast with Fed’s decision to let borrowing costs rise by cutting its bond-purchasing program by $10 billion. Having hit a session […]
Read moreDecember 21, 2013 9:55 am
The sterling declined against the US dollar on Friday, as Fed’s decision to start tapering its stimulus program, continued to support the US currency. Meanwhile a string of mixed data was released in the UK. Having hit a session low at 1.6316 at 13:30 GMT on Friday, GBP/USD closed the week at 1.6329, losing 0.27% […]
Read moreDecember 21, 2013 8:50 am
The yen touched fresh 5-year lows against the US dollar on Friday, following Federal Reserve’s decision to scale back its monetary stimulus. Having hit a session high at 104.64 at 13:30 GMT, the strongest level since October 2008, USD/JPY closed at 104.10 on Friday, losing 0.14% on a daily basis. However, USD/JPY cross settled the […]
Read moreDecember 20, 2013 2:45 pm
The loonie, as the Canadian dollar is known, traded at the lowest in 3-1/2 years against the US dollar following a report that showed the final US GDP unexpectedly accelerated in the third quarter. Having hit a session high at 1.0737 at 13:41 GMT, USD/CAD traded at 1.0704 at 14:44, adding 0.38% for the day. […]
Read moreDecember 20, 2013 12:50 pm
The sterling declined against the US dollar as investors moved their focus on the release of U.S. economic growth data later in the day, while Feds decision to start tapering its stimulus program, continued to support the US currency. Meanwhile, a string of mixed data was released in the UK. Having hit a session low […]
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