October 9, 2013 2:32 pm
US dollar rose to its highest point in three weeks against the Canadian rival on Wednesday, after a White House official said that Fed Vice Chairman Janet Yellen is to be nominated as the next Chairman and also be the first lady to take this post in all-time history of the central bank. USD/CAD reached […]
Read moreOctober 9, 2013 12:32 pm
US dollar advanced to its highest point in eight trade sessions against the Swiss franc on Wednesday, as a White House official said that US President Barack Obama will nominate Fed Vice Chairman Janet Yellen as the next Chairman of the bank, while this news reduce demand for haven assets, such as the franc. USD/CHF […]
Read moreOctober 9, 2013 9:31 am
British pound tumbled to its lowest point in two weeks against the US dollar on Wednesday, following the release of disappointing data on trade balance and manufacturing production out of the United Kingdom. GBP/USD fell to a session low at 1.5967 at 8:51 GMT, after which consolidation followed at 1.5978, losing 0.66% for the day. […]
Read moreOctober 9, 2013 8:43 am
US dollar traded higher against the Japanese yen on Wednesday, as a White House official said that US President Barack Obama will nominate Fed Vice Chairman Janet Yellen as the next Chairman of the bank, while this news dampened demand for safe haven assets, such as the yen. USD/JPY reached a session high at 97.47 […]
Read moreOctober 9, 2013 7:43 am
The euro traded lower against the US dollar on Wednesday, following the announcement that Federal Reserve Vice Chairman Janet Yellen will probably be the first lady to lead the US central bank in its 100-year history. EUR/USD slipped to a session low at 1.3536 at 7:06 GMT, after which consolidation followed at 1.3541, losing 0.25% […]
Read moreOctober 9, 2013 7:01 am
Australian dollar gained ground against its US counterpart on Wednesday, as a White House official said that President Barack Obama will nominate Federal Reserve Vice Chairman Janet Yellen today to lead the central bank, while this news spurred demand for high-yielding currencies, such as the Aussie. AUD/USD distanced from a session low at 0.9412, recorded […]
Read moreOctober 8, 2013 2:15 pm
US dollar regained ground against its Canadian peer on Tuesday, following the release of mixed economic data out of Canada, showing nations trade deficit unexpectedly widened and the number of housing starts increased. Having fallen to a session low at 1.0306 at 12:15 GMT, USD/CAD regained positions to trade at 1.0329 at 13:31 GMT, gaining […]
Read moreOctober 8, 2013 1:03 pm
US dollar traded higher against the Swiss franc on Tuesday, as speculation appeared that US lawmakers will reach an agreement on raising the nation’s debt ceiling and avert a default, which caused safe haven currencies, such as the franc, to lose their appeal. USD/CHF touched a session high at 0.9064 at 8:20 GMT, after which […]
Read moreOctober 8, 2013 8:59 am
US dollar traded higher against the Japanese yen on Tuesday, as HSBC said that Chinese non-manufacturing PMI slowed down in September but remained in the zone of expansion, while this news neutralized to a certain extent the influence that the partial US government shutdown has caused on the pair. USD/JPY rose to a session high […]
Read moreOctober 8, 2013 7:24 am
The euro was slightly losing ground against the US dollar on Tuesday, but yet remained supported, as market players focus was still on the negotiations over the US budget matter. EUR/USD slipped to a session low at 1.3558 at 4:40 GMT, after which consolidation followed at 1.3567, losing 0.10% on a daily basis. Support was […]
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