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NZD/USD on positive territory

September 9, 2013 9:28 am
New Zealand dollar traded higher against its US counterpart on Monday, as the greenback was pressured after the downbeat US non-farm payrolls data, published on Friday. NZD/USD climbed to its highest point today at 0.8014 at 8:48 GMT, after which consolidation followed at 0.8008, gaining 0.04% for the day. Support was likely to be found […] Read more

EUR/USD almost unchanged

September 9, 2013 8:50 am
The euro was little changed against the US dollar on Monday, after a report showed on Friday that US economy added new jobs at a slower than projected pace, which caused uncertainty over a possible stimulus program pare back by the Federal Reserve Bank in September to re-appear. EUR/USD touched a session high at 1.3188 […] Read more

AUD/USD retained gains after Australian election and loans data

September 9, 2013 8:09 am
The Aussie traded higher against the US dollar on Monday after the nations elections and increased number of home loans in August. AUD/USD reached a session high at 0.9209 during the early Asian trade, after which consolidation followed at 0.9199, gaining 0.09% on a daily basis. Support was expected at September 6th low, 0.9115, while […] Read more

USD/JPY advanced after Japanese GDP and Olympics winning bid

September 9, 2013 6:55 am
US dollar gained ground against the Japanese yen on Monday, following the upbeat GDP report out of Japan, while Tokyo’s winning bid to host the Olympics in 2020 bolstered optimism in Japanese Prime Minister Shinzo Abe’s fiscal and monetary measures. USD/JPY climbed to a session high at 100.09 during the early phase of Asian trade, […] Read more

USD/CAD plunged on US, Canadian employment reports

September 6, 2013 2:30 pm
US dollar lost sharply positions against its Canadian counterpart on Friday, after a report showed US economy added new jobs at a slower than projected pace, which caused uncertainty over a possible stimulus program scale back by the Federal Reserve Bank in September to re-appear. USD/CAD lost more than 1% during todays trade, falling to […] Read more

USD/CAD steady after US data string

September 5, 2013 2:36 pm
US dollar traded steadily against its Canadian counterpart, after losing certain ground earlier on Thursday, following the release of positively-toned reports on initial jobless claims, employment change and activity in the sector of services out of the United States. USD/CAD distanced from its lowest point today at 1.0474, recorded at 12:21 GMT, to trade at […] Read more

EUR/USD lost ground after ECB rate decision, US employment data

September 5, 2013 1:22 pm
The euro fell sharply against the US dollar on Thursday, following the interest rate decision by the European Central Bank (ECB) and the release of series of data on employment out of the United States, which added to the case that the Federal Reserve Bank may start tapering its easing program this month. EUR/USD came […] Read more

GBP/USD advanced to session highs after BoE maintained policy course

September 5, 2013 12:39 pm
Having lost ground against the US dollar earlier on Thursday, the sterling managed to recover and climb to the highest point for todays trade, after Bank of England (BoE) decided to leave its monetary policy unchanged. GBP/USD hit a session high at 1.5661 at 11:19 GMT, after which consolidation followed at 1.5646, gaining 0.12% for […] Read more

USD/JPY on six-week highs following Bank of Japan’s statement

September 5, 2013 9:05 am
US dollar advanced to its highest level in six weeks against the Japanese yen on Thursday, following the decision by Bank of Japan to leave its monetary policy course unchanged and amid expectations of a possible scale back of Federal Reserve Banks easing program this month. USD/JPY hit a session high at 100.08 at 7:35 […] Read more

EUR/USD on negative ground before ECB rate decision, US ADP report

September 5, 2013 7:26 am
The euro slipped to negative territory against the US dollar on Thursday, as market players remained wary ahead of European Central Banks (ECB) rate decision and the ADP report on US employment. EUR/USD slid to a session low at 1.3162 at 5:45 GMT, after which consolidation followed at 1.3175, down by 0.24% for the day. […] Read more