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Following a brief bounce attempt, EUR/USD came under renewed pressure and dropped to fresh daily lows as Eurogroup meeting gets underway, with Greek debt negotiations taking center stage. EUR/USD dropped to a marginal new low of 1.1281, but remained overall within its recent range...
Analysts at Danske Bank believe a positive outcome in today’s eurogroup meeting could allow a rebound in the pair...
AUD/USD is currently trading at 0.7706 with a high of 0.7796 and a low of 0.7692. AUD/USD bulls have been making hard work of any upside of late and the pair is offered once again, this time with the greenback rallying across the board and Gold dropping...
Strategists at TD Securities remarked the relevance of the crude oil dynamics and the US-CAD spread as the main drivers for the Canadian dollar. Key Quotes “The combination of wider spreads and oil prices slipping back under $50/bbl is kryptonite for theCAD”...
The Sterling is currently falling hard against the US Dollar as the greenback is rallying across the board after breaking above 120.00 against the Japanese Yen. The GBP/USD fell 50 pips in the last few minutes from the 1.5300 area to test the 1.5250 level. Currently, GBP/USD is trading at 1...
AUD/USD was on the back foot and fell to an 8-day low during the European session as investors await Australian employment figures to be released on Thursday. AUD/USD came under pressure after failing to consolidate above 0.7800 and fell to a low of 0.7711 before finding support...
The slide in crude prices pushed the Canadian dollar lower, taking the USD/CAD pair to the session high of 1.2645 levels. Loonie weakens as Crude extends losses Crude prices in the US fell to a low of USD YSD 49...
On Wednesday the euro plunged to seven-year lows against its UK counterpart, amid mounting concerns over whether Greece will reach a compromise deal with creditors to extend its bailout program. The euro held steady against the U.S. dollar...
The greenback is giving away part of the initial gains vs. its neighbour on Wednesday, now sending USD/CAD to the 1.2625/20 band...
GBP/USD extended gains and climbed during the European session, heading gradually towards 1.53 threshold as traders now eye Bank of England’s BOE inflation report due tomorrow. Rises from 1.5275 levels The GBP/USD pair trades higher by 0.27% at 1...
The New Zealand dollar continues its upward trajectory against the US dollar in the mid-European session, although the upside remains capped by a strong resistance around 0.7450 levels. Supported above 0.7400 Currently, the NZD/USD trades higher by 0.32% on the day, at 0...
The British currency rose against its US peer on Wednesday, however gains were capped, as market players were concerned over Greece's uncertain future in the euro zone...
The New Zealand dollar rose against its U.S. peer on Wednesday, but gains were seen limited as market players were concerned over Greece's future in the euro zone...
USD/JPY maintained its upside momentum in the European morning and wavered near fresh monthly highs after upbeat US jobs data continues to support the greenback. USD/JPY eyes 120 mark Currently, the USD/JPY traded higher by 0.11% at 119...
On Wednesday the Aussie dollar traded nearly flat in Asia on a mix of upbeat housing data and consumer sentiment but as investors focused on Greece, and China data ahead...
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Strategists at Westpac remark the relevance of the 1.1205 level in EUR/USD. Key Quotes “Still not a lot going for the euro right here even though its more stable price action lately speaks to a better tone”...
The US dollar is prolonging its momentum vs. its Canadian counterpart on Tuesday, pushing USD/CAD beyond the 1.2600 handle. USD/CAD firmer on BoC The sharp sell off in the crude oil (down almost 5% around $50...
The NZD/USD pair erased gains as the US dollar is being favored amid Greek debt issue and rising Treasury yields in the US. Repeated failure at 0.7440 levels The pair clocked a high of 0.7438 levels earlier today before erasing gains to trade at the current level of 0.7400...
