December 17, 2013 3:00 pm
The loonie, as the Canadian dollar is known, traded little changed against its US counterpart, after a report that showed the US annual rate of inflation rose less-than-anticipated in November. Having hit session low at 1.0576 at 09:45 GMT, USD/CAD erased daily declines to trade little changed at 1.0598 at 14:49 GMT, gaining 0.01% for […]
Read moreDecember 17, 2013 1:04 pm
The euro erased earlier daily advances, despite reports showed improved German and Euro zone economic sentiment in December. Having reached a session high at 1.3782 at 07:50 GMT, EUR/USD declined 0.06% to trade at 1.3754 at 13:03 GMT. Support was likely to be received at December 16th low, 1.3738, while resistance was to be met […]
Read moreDecember 17, 2013 11:04 am
The sterling erased earlier daily advances against the US dollar after data showed that the annual rate of inflation in the UK fell to a four-year low in November, relieving pressure on BoE to tighten monetary policy. Having reached a session high at 1.6336 at 08:55 GMT, GBP/USD cross traded little changed at 1.6298 at […]
Read moreDecember 17, 2013 8:12 am
Australian dollar traded lower against its US counterpart on Tuesday, after the minutes of Reserve Bank of Australias (RBA) most recent policy meeting showed that the bank was not excluding the possibility of further reducing borrowing costs. AUD/USD fell to a daily low at 0.8930 at 3:25 GMT, after which consolidation followed at 0.8944, dipping […]
Read moreDecember 16, 2013 4:02 pm
The loonie, as the Canadian dollar is best known, advanced against the US dollar on Monday as investors awaited the FOMCs meeting on December 17th-18th, which may result in Fed tapering. USD/CAD reached a session low at 1.0575 at 10:25 GMT, to trade at 1.0576 by 15:55 GMT. Support was likely to be received at […]
Read moreDecember 16, 2013 11:12 am
The euro advanced on Monday after the Euro zone reported better-than expected PMI data, with only France being again the worst performer. EUR/USD hit a session high at 1.3784 at 10:43 GMT, gaining 0.28% for the day. Support was likely to be received at December 13th low, 1.3710, while resistance was to be met at […]
Read moreDecember 16, 2013 10:02 am
Australian dollar fell against its US counterpart on Monday, following the release of Chinese manufacturing PMI and ahead of the testimony by the Reserve Bank of Australia Governor Glenn Stevens and Federal Open Market Committee (FOMC) policy decision due on December 18th. AUD/USD fell to a session low at 0.8923 at 1:45 GMT, also the […]
Read moreDecember 16, 2013 9:36 am
The Japanese yen rebounded from five-year lows against the US dollar on Monday, following a BoJ survey, which showed major manufacturers are most bullish since 2007. USD/JPY traded at 103.05 at 09:15 GMT, down 0.16% for the day. Support was likely to be received at December 12th low, 102.47, while resistance was to be encountered […]
Read moreDecember 15, 2013 3:47 pm
The greenback advanced to the strongest level in five years against the yen on Friday amid speculations for Fed tapering as early as next week. Having hit a session high at 103.92 at 05:15 GMT, the strongest level since October 2008, USD/JPY closed at 103.22 on Friday, losing 0.15% on a daily basis. However, USD/JPY […]
Read moreDecember 15, 2013 2:56 pm
US dollar traded steadily and in proximity to two-year lows against the Swiss franc on Friday, as expectations were boosted that a small reduction of scale of Federal Reserves monetary stimulus might be introduced at the upcoming policy meeting of the bank. USD/CHF fell to a session low at 0.8882 at 8:33 GMT on Friday, […]
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