November 20, 2013 8:20 am
Having retreated to daily lows during Wednesdays Asian session, following Fed Chairman Ben Bernankes comments regarding interest rate outlook in the United States and after a report showed Japanese trade deficit widened in October, USD/JPY cross managed to regain certain ground. USD/JPY fell to a session low at 99.94 at 2:35 GMT, after which consolidation […]
Read moreNovember 19, 2013 3:23 pm
US dollar edged higher against its Canadian counterpart on Tuesday, as crude oil, Canadas largest export, traded close to its lowest level in almost five months, but however, greenbacks gains seemed capped due to mounting expectations that the Federal Reserve will delay tapering of its monetary stimulus probably until early next year. USD/CAD touched a […]
Read moreNovember 19, 2013 2:24 pm
USD/INR reached a two-week lows, after the speculation that the Fed will continue with its record high ($85 billion) monthly stimulus program, which is expected to remain unchanged until the policy meeting on 18-th/19-th of March 2014. The pair reached a session low at 61.710 at 8:40 GMT, which is pairs lowest point since November […]
Read moreNovember 19, 2013 12:51 pm
The euro edged lower against the US dollar on Tuesday, as the Zentrum für Europäische Wirtschaftsforschung (ZEW) released mixed data regarding economic sentiment and current situation in Germany and the Euro zone as a whole. EUR/USD reached a session low at 1.3488 at 12:07 GMT, after which consolidation followed at 1.3495, losing 0.08% for the […]
Read moreNovember 19, 2013 10:23 am
US dollar was losing ground for a second consecutive day against the Japanese yen on Tuesday, as speculation appeared that Federal Reserve Banks stimulus program will remain in place for longer, as US economic growth was still not sufficiently strong. USD/JPY fell to a session low at 99.57 at 1:55 GMT, after which consolidation followed […]
Read moreNovember 19, 2013 9:04 am
The New Zealand dollar advanced against its US counterpart, after the Reserve Bank of New Zealand (RBNZ) revised downwards its inflationary expectations for the fourth quarter . This seems to have had a limited impact on the NZD/USD cross, as sentiment was still under the influence of Fed Chair-nominee Janet Yellens statement last week. NZD/USD […]
Read moreNovember 19, 2013 8:17 am
Australian dollar rose to daily highs against its US counterpart on Tuesday, as the Conference Board said its leading index for Australia climbed in September, while the greenback remained under pressure amid expectations that Feds loose monetary policy will be in place for longer. AUD/USD reached a session high at 0.9402 at 7:15 GMT, after […]
Read moreNovember 18, 2013 3:04 pm
The U.S. dollar depreciated substantially against the Indian rupee in connection with the announcement of the governor of the Reserve Bank of India(RBI), made on 15-th of November. This is the third consecutive day of trading in which the Indian rupee is advancing against the dollar, after the governor of the Indian Reserve Bank announced […]
Read moreNovember 18, 2013 2:07 pm
US dollar reached its lowest point in more than one week against the loonie, as Canadas commodity export outlook improved due to Chinese package of economic reforms. USD/CAD slipped to a session low at 1.0416 at 13:35 GMT, also the pairs lowest point since November 7th, after which consolidation followed at 1.0419, still down 0.18% […]
Read moreNovember 18, 2013 1:08 pm
The euro traded slightly changed and in proximity to over one-week highs against the US dollar on Monday, after Euro zones current account produced a lesser than projected surplus in September, while markets awaited the release of the minutes of Federal Reserve Banks most recent meeting on policy. EUR/USD rose to a session high at […]
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