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USD/CAD remained slightly higher after weak pending home sales

August 28, 2013 2:48 pm
US dollar continued trading on positive territory against its Canadian peer on Wednesday, despite disappointing pending home sales report out of the United States, as prospects of a possible military strike by the US against Syria were still underpining demand for safe haven assets. USD/CAD climbed to a session high at 1.0512 during the early […] Read more

GBP/USD maintaned losses in risk-off trade

August 28, 2013 11:30 am
British pound continued losing ground against the US dollar for the second day in a row on Wednesday before Bank of England (BoE) Governor Mark Carney takes a statement amid speculation that he will confirm his intention to maintain the benchmark interest rate at record low level. GBP/USD fell to its lowest point today at […] Read more

NZD/USD slipped on Middle East tension

August 28, 2013 9:07 am
New Zealand dollar was trading lower against the greenback on Wednesday, as sentiment was dominated by the escalating tension in the Middle East and the prospect of a US military strike in Syria. NZD/USD slipped to a session low at 0.7745 during the early phase of Asian trade, after which consolidation followed at 0.7759, still […] Read more

USD/JPY distanced from two-week lows

August 28, 2013 8:06 am
US dollar managed to rebound from two-week lows against the Japanese currency on Wednesday, following the sharp decline yesterday, as tension in the Middle East continued giving support to safe haven assets. USD/JPY climbed to a session high at 97.50 at 7:34 GMT, after having fallen below the psychological 97.00 level earlier. Consolidation followed at […] Read more

EUR/USD lower on German consumer confidence, Syria tension

August 28, 2013 7:30 am
The euro slipped to lower levels against the US dollar on Wednesday, as tension in the Middle East escalated and laid support to safe haven assets. EUR/USD fell to its lowest point today at 1.3370 at 7:11 GMT. Support was likely to be found at August 27th low, 1.3321, while resistance was to be encountered […] Read more

AUD/USD continued its fall as Syria concerns escalated

August 28, 2013 6:18 am
Australian dollar continued its downward movement against the greenback on Wednesday, as investors abandoned higher-yielding assets and boosted bets on the US dollar amid prospects of a military campaign by the United States against Syria. AUD/USD fell to a session low at 0.8903 at 4:59 GMT, after which the pair consolidated at 0.8925. Support was […] Read more

USD/CAD pared previous gains, still on positive ground

August 27, 2013 3:07 pm
US dollar came off session highs against its Canadian peer on Tuesday, but remained still supported, as fears of a possible military campaign by the United States against Syrian government grew stronger. USD/CAD reached a session high at 1.0538 at 8:00 GMT, also the pairs highest point since August 23rd, after which consolidation followed at […] Read more

EUR/USD close to session lows

August 27, 2013 1:36 pm
The euro continued trading in proximity to session lows against the US dollar on Tuesday amid escalating geopolitical situation between the United States and Syria, which led to safe haven demand boost for the greenback. EUR/USD fell sharply to a session low at 1.3325 at 8:10 GMT, also the pairs lowest point since August 22nd, […] Read more

NZD/USD maintained losses

August 27, 2013 8:51 am
New Zealand dollar was still on negative territory against its US counterpart during European late morning session on Tuesday, as uncertainty over the future of Feds stimulus program urged investors to act cautiously. NZD/USD reached a session low at 0.7767 at 8:08 GMT, after which consolidation followed at 0.7783, plummeting 0.92% on a daily basis. […] Read more

USD/JPY down to session lows on safe haven demand

August 27, 2013 8:23 am
US dollar was losing ground against the Japanese yen on Tuesday, because of concerns that the United States might consider a military intervention in Syria, which strenghtened demand for traditional safe haven assets, such as the yen. USD/JPY took a slide to its lowest point during Tuesday trade at 97.77 at 7:55 GMT, also the […] Read more