November 29, 2013 10:43 am
British pound came off highs unseen in ten months against the US dollar on Friday, as a report said that consumer lending and lending secured on dwellings in the United Kingdom mismatched forecasts, but, however, cable remained supported following Bank of England (BoE) Governor Mark Carneys statement on Thursday. GBP/USD slid to a daily low […]
Read moreNovember 29, 2013 8:59 am
Aussie headed for its longest drop, after falling for a sixth consecutive week against its US counterpart. This is the longest losing sequence, since the seven-week decline, ended in February 1997. The Australian dollar depreciated against the US dollar on rising concerns about declining foreign investments in the near future and rising concerns that RBA […]
Read moreNovember 29, 2013 8:39 am
US dollar edged lower against the Japanese yen on Friday, following a vast set of economic data, released out of Japan, which to an extent confirmed Bank of Japans view that nations economy was recovering at a moderate pace. USD/JPY slipped to a session low at 102.18 at 5:15 GMT, after which consolidation followed at […]
Read moreNovember 28, 2013 3:05 pm
The South Korean won ontinued its downward trend, after having touched a two-week low on Wednesday on concerns that South Korean exporters were losing competitiveness against Japanese rivals as the yen drops. Government bonds also fell. USD/KRW reached a session high at 1 064.80 during late Asian trade, which is slightly lower than yesterdays two-week […]
Read moreNovember 28, 2013 2:49 pm
US dollar advanced to fresh five-month highs against its Canadian rival on Thursday, as a report showed that the deficit on Canadas current account shrank considerably less than projected during the third quarter of the year. USD/CAD touched a daily high at 1.0598 at 14:00 GMT, also the pairs highest point since July 5th, after […]
Read moreNovember 28, 2013 1:27 pm
The sterling advanced for a third consecutive day versus the US dollar, touching the highest 10-month level on Mark Carneys testimony. GBP/USD reached a session high at 1.6353 at 11:20 GMT, which is the highest level since January 2nd. Support was likely to be encountered at November 27th low, 1.6198, while resistance was to be […]
Read moreNovember 28, 2013 1:01 pm
The euro eased its upside movement against the US dollar on Thursday, coming off one-month highs, after the release of a string of mixed economic data out of the Euro zone. Having reached a fresh one-month high at 1.3618 at 9:00 GMT today, EUR/USD moved below the psychological level of 1.3600 to trade at 1.3592 […]
Read moreNovember 28, 2013 10:26 am
The Aussie advanced against its US counterpart on Thursday, after an increase in the Australian private sectors expenditures. AUD/USD hit a session high at 0.9150 at 10:15 GMT, gaining 0.75% on a daily basis. Support for the pair was likely to be met at November 27th low, 0.9066, while resistance was to be encountered at […]
Read moreNovember 28, 2013 9:09 am
New Zealand dollar traded steadily against its US counterpart on Thursday, after a survey showed that business confidence in New Zealand rose to almost 15-year highs in November, while the greenback was supported by another survey pointing strong consumer sentiment in the United States. NZD/USD touched a session high at 0.8178 at 5:05 GMT, after […]
Read moreNovember 28, 2013 8:15 am
US dollar advanced to highs unseen in six months against the Japanese yen on Thursday, as Thomson Reuters in cooperation with the University of Michigan reported yesterday that their index, gauging consumer sentiment in the United States, surpassed expectations in November. Having touched a six-month high at 102.28 during the early phase of Asian trade, […]
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