from Tampa, Florida
The Australian Dollar was lower against the U.S. Dollar on Sunday. AUD/USD was trading at 0.9396, down 1.00% at time of writing. The pair was likely to find support at 0.9396, today’s low, and resistance at 0.9760, Tuesday’s high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.78% to hit [...]
The euro slipped lower against the U.S. dollar on Friday, after the release of mixed U.S. employment data added to uncertainty over the future of the Federal Reserve’s bond-buying program. EUR/USD hit 1.3285 during European afternoon trade, the session high; the pair subsequently consolidated at 1.3229, slipping 0.12%. The pair was likely to find support at [...]
The dollar flexed its muscles against most of its major peers on Tuesday, strengthening after U.S. industry data revealed that consumer confidence jumped up in May, which fueled expectations that the Federal Reserve will begin to wind down its stimulus programs. Stimulus tools such as the Fed’s monthly USD85 billion bond-buying program weaken the dollar [...]
The U.S. Dollar was lower against the Japanese Yen on Sunday. USD/JPY was trading at 101.14, down 0.14% at time of writing. The pair was likely to find support at 100.67, Friday’s low, and resistance at 103.73, Wednesday’s high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.05% to hit [...]
The dollar rose against most of its peers in U.S. trading on Wednesday after Federal Reserve Chairman Ben Bernanke’s told Congress that loose monetary policies will stay in place for now though talk of their dismantling may come up soon. In U.S. trading on Tuesday, EUR/USD was down 0.45% at 1.2848. In prepared testimony, Bernanke told lawmakers [...]
The dollar rose against most of its peers in U.S. trading on Tuesday, as investors sought safety in the U.S. currency ahead of Federal Reserve Chairman Ben Bernanke’s testimony in Congress on Wednesday. Trading was choppy, with the greenback jumping in and out of positive territory. In U.S. trading on Tuesday, EUR/USD was up 0.20% at 1.2910. [...]
The dollar fell against most of its peers in U.S. trading on Monday after Japan’s Economy Minister warned further depreciation of the Japanese currency could hurt the economy. Fading hopes that Federal Reserve Chairman Ben Bernanke will hint at when easing tools will scale back also weakened the greenback. Stimulus measures, such as the Fed’s [...]
The Euro was higher against the U.S. Dollar on Sunday. EUR/USD was trading at 1.2837, up 0.03% at time of writing. The pair was likely to find support at 1.2796, Friday’s low, and resistance at 1.3029, Tuesday’s high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8456 [...]
Natural gas prices rose on Wednesday after weather forecasts indicated that a cool snap hovering over the East Coast will give way to hotter temperatures and hike the need for air conditioning in the nation’s households and businesses. On the New York Mercantile Exchange, natural gas futures for delivery in June traded at USD4.069 per [...]
Oil prices rose in Asian trading on Wednesday after industry data released in the U.S. late Tuesday revealed inventories rose more than expected last week and sent prices falling to attractive levels. On the New York Mercantile Exchange, light sweet crude futures for delivery in June traded up 0.13% at USD94.33 a barrel on Wednesday, [...]