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Session Recap: Euro and Pound recover ground; CAD lifted by oil

Today's wasn't a USD winning day as the European currencies have posted gains against its major rivals. The EUR/USD fell to 3-month lows at 1.2910 in the European session, but the euro retraced losses to close above the 1.3000 level. The GBP/USD finally bounced with the Pound leaving behind the 1.5000 mark and testing the 1.5100 price.

The USD/CAD collapsed to March lows at 1.0210 on the back of news from a new refinery in the Canadian west coast that should propelled the Canadian national account by $1.6 billion per month. The USD/JPY ws moved in swing trading between 95.65 and 96.60 to close almost unchanged at 96.05.

Main Headlines in America (in chronological order):

US: Initial jobless claims drop against consensus, to 332K in Mar-10 week

American equity markets rise after upbeat jobless claims

Commodities Brief – Precious metals pare losses after US PPI, crude moves towards 93.00 barrier

Forex: GBP/USD peaks at 1.5038

European equity close: Italy leads the continent higher

Canadian oil and the other Black

Forex: USD/CAD collapses below 1.0230 on refinery plans

Forex: EUR/USD regains 1.3000

Forex: GBP/USD keeps pushing higher, eyes on 1.5100

Euro bears recede, for how long?

Forex: USD/JPY falls further to 95.65

Cable post largest one-day gain in 2013

Forex: USD/JPY above 96.00, ahead of Upper House vote

Forex: GBP/USD consolidates gains after sharp rally

Wall Street rallies on US jobless report

Forex: USD/CAD consolidates March lows

Following a 60 pips decline from 1.0275, the USD/CAD found support at 1.0210, lowest level since February 22nd, and currently it is trading in range between 1.0215 and 1.0230. The Canadian dollar was fueled by news from a new refinery in the west coast that should propelled the Canadian national account by $1.6 billion per month.
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US stress tests: Warning signal to JP Morgan and Goldman Sachs

The Federal Reserve granted capital plans approval for 14 flagship American financial institutions in accordance with the the Comprehensive Capital Analysis and Review (CCAR) aka Stress Tests. Two other institutions, Goldman Sachs and JPMorgan, received conditional approval, while the Federal Reserve opposed plans on two enterprises.
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