December 9, 2013 8:41 am
The yen fell against the US dollar as the Japanese economy slowed its growth in the third quarter. USD/JPY hit a session high at 103.18 at 08:18 GMT, gaining 0.31% on a daily basis. Support was likely to be received at December 6th low, 101.72, while resistance was to be encountered at December 3rd high, […]
Read moreDecember 9, 2013 8:09 am
Australian dollar lost ground against its US counterpart on Monday on speculation that Australias economic growth may be lagged in comparison with growth US economy has recently demonstrated. AUD/USD slipped to a session low at 0.9074 at 7:25 GMT, after which consolidation followed at 0.9079, losing 0.27% for the day. Support was likely to be […]
Read moreDecember 8, 2013 1:14 pm
US dollar retreated to lows unseen in six weeks against the Swiss franc on Friday, despite the optimistic employment data, released out of the United States. USD/CHF reached a session low at 0.8913 at 20:30 GMT, also the pairs lowest point since October 25th, after which it closed at 0.8920 on Friday, falling 0.52% on […]
Read moreDecember 7, 2013 4:30 pm
US dollar sharply gained ground and preserved its advance against the Japanese yen during the late phase of US session on Friday, after reports showed an outstanding data regarding non-farm payrolls and consumer confidence in the United States. USD/JPY rose to a session high at 102.96 at 19:25 GMT, after which the pair closed at […]
Read moreDecember 7, 2013 3:12 pm
The loonie, as the Canadian dollar is known, declined for a third week against its US counterpart, after BoCs announcement that interest rates may stay lower for a prolonged period of time, in contrast with the Feds decision to let borrowing costs rise by cutting its bond-purchasing program “in the coming months”. Having hit a […]
Read moreDecember 6, 2013 3:04 pm
USD/CAD snapped a multi-year high to trade little changed on brightened US economy outlook. Meanwhile, the Canadian indicators, pressured the earlier advances. Having hit a session high at 1.0707 at 13:30 GMT, the highest since May 2010, USD/CAD traded little changed. The pair traded at 1.0658 at 14:47 GMT. Support was likely to be received […]
Read moreDecember 6, 2013 12:54 pm
Having hit a 5-week high on Thursday, today the euro traded little changed against the US dollar. EUR/USD traded at 1.3671 by 12:53 GMT, gaining 0.01% on a daily basis. Support was likely to be received at December 5th low, 1.3544, while resistance was to be encountered at October 31st high, 1.3738. The German Economy […]
Read moreDecember 6, 2013 10:34 am
The sterling advanced against the US dollar, after the HBOS reported its Housing Prices index, amid growing inflationary expectations. GBP/USD reached a session high at 1.6360 at 10:21 GMT, gaining 0.21% for the day, having hit on Monday 1.6442, the highest level in 27 months. Support was likely to be received at December 5th low, […]
Read moreDecember 6, 2013 8:26 am
Australian dollar traded lower against its US counterpart on Friday ahead of the release of the non-farm payrolls report out of the United States later in the day and following the upward revision of the US Gross Domestic Product, reported on Thursday. AUD/USD slipped to a session low at 0.9036 at 1:04 GMT, after which […]
Read moreDecember 5, 2013 3:10 pm
The euro advanced the most in 5 weeks against the US dollar on ECB Governor Mario Draghi comments, made after the policy meeting of the bank. EUR/USD hit a session high at 1.3668 at 15:02 GMT, the highest in more than a month, after which consolidation followed at 1.3660. Support was likely to be received […]
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