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USD/CAD on session lows after Canadian employment data

October 11, 2013 1:26 pm
US dollar retreated to session lows against its Canadian peer on Friday, after an official report revealed that Canadian unemployment rate decreased in September, while the number of employed people was less in comparison with the preceding month, but still surpassed projections. USD/CAD slipped to a session low at 1.0377 at 12:30 GMT, after which […] Read more

NZD/USD strengthened before NZ inflation report

October 11, 2013 11:59 am
New Zealand dollar advanced against its US peer on Friday before a report next week, that may show inflation rate in New Zealand rose to the highest level in 1.5 years. NZD/USD rose to a session high at 0.8354 at 9:25 GMT, after which consolidation followed at 0.8342, climbing 0.71% for the day. Support was […] Read more

AUD/USD on three-week highs ahead of Chinese trade balance report

October 11, 2013 9:01 am
Australian dollar traded close to its highest point in three weeks against the US rival on Friday, before a report showed tomorrow that Chinese import probably grew, as China is Australias largest trade partner. AUD/USD touched a session high at 0.9484 at 3:35 GMT, also the pairs highest point since September 19th, after which consolidation […] Read more

EUR/USD with gains as US budget debates continued

October 11, 2013 8:04 am
The euro traded slightly higher against the US dollar on Friday, but the upward movement seemed to remain limited as the budget talks in order to avert a US default provided support to the greenback. EUR/USD touched a session high at 1.3545 at 3:30 GMT, after which consolidation followed at 1.3538, rising 0.14% for the […] Read more

USD/JPY rose after Japanese data, potential US budget agreement

October 11, 2013 7:05 am
US dollar traded higher against the Japanese yen on Friday, following the release of a set of economic data out of Japan, while US lawmakers continued negotiations to avoid a default, which reduced safe haven demand for the yen. USD/JPY rose to a session high at 98.56 at 3:20 GMT, after which consolidation followed at […] Read more

USD/CAD steady after US initial jobless claims, Canadian NHPI

October 10, 2013 1:58 pm
US dollar traded steadily and in proximity to three-week highs against its Canadian counterpart on Thursday, despite the downbeat initial jobless claims data out of the United States. Having touched a session low at 1.0383 at 10:45 GMT, USD/CAD gained some ground to reach 1.0394 at 13:22 GMT. Support was likely to be received at […] Read more

GBP/USD showed little reaction to BoE policy decision

October 10, 2013 1:05 pm
British pound remained little changed against the US dollar on Thursday, trading in proximity to three-week lows, after Bank of England (BoE) kept its base interest rate and monetary stimulus without change. GBP/USD slipped to a session low at 1.5914 at 5:15 GMT, also the pairs lowest point since September 18th, after which consolidation followed […] Read more

NZD/USD on seven-day lows on disappointing NZ manufacturing data, Fed minutes

October 10, 2013 9:30 am
New Zealand dollar fell to its lowest point during the past seven trading sessions against its US counterpart on Thursday, after a report showed that manufacturing activity in New Zealand slowed down in September. NZD/USD fell to a session low at 0.8232 at 7:35 GMT, also the pairs lowest point since October 2nd, after which […] Read more

USD/JPY on one-week highs

October 10, 2013 8:33 am
US dollar advanced to its highest point in one week against the Japanese yen on Thursday, amid signs of a compromise among US lawmakers, that could avert an unprecedented default and after the release of the minutes of FOMC most recent meeting on policy. USD/JPY reached a session high at 97.83 at 5:00 GMT, also […] Read more

EUR/USD lower after FOMC minutes

October 10, 2013 7:50 am
The euro was trading lower against the US dollar on Thursday, following the release of the minutes of Federal Open Market Committee (FOMC) meeting on September 17th-18th, which revealed that most policymakers supported the idea of paring back the banks stimulus program this year. EUR/USD slid to a session low at 1.3488 at 5:00 GMT, […] Read more