Ruble rises as sanctions are perceived to be mild

Source: Bloomberg
Russia's currency strengthened for the first time after decreasing for five successive days, due to traders considering US and EU sanctions milder than expected. However, the EU will announce more sanctions today for another three organizations and eight people. The Ruble advanced 0.5% against both the Euro and the Dollar, trading at 47.7590 and 35.6245 correspondingly.
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Wed, 30 Jul 2014 10:42:09 GMT

US Dollar close to five-month high versus Swiss Franc

After the release of Switzerland's KOF report the greenback rose near to its highest value in five months against the Swiss Franc. The data revealed that the KOF index dropped to 98.1 for the month of July, therefore being substandard to the 100.5 forecast. The pair climbed to 0.9079, its highest price since February, and proceeded to consolidate at 0.9075.

Wed, 30 Jul 2014 09:32:15 GMT

AUD/USD weakens ahead of Fed announcement

The Aussie depreciated against its U.S. peer on Wednesday, following investors' anticipation of the Fed's monthly policy statement today and upcoming U.S. figures. AUD/USD reached 0.9374 during the early session, but dropped 0.13% consolidating at 0.9372. The pair is expected to find the support at 0.9338 but face the resistance at 0.9424.

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