AUD/USD climbs, but growth limited

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Source: Investing.com
The Australian Dollar appreciated versus its U.S. peer on Wednesday, though growth is expected to remain restricted, following U.S. economic reports released on Tuesday that secure attractiveness of the Greenback. AUD/USD reached 0.9343 yesterday afternoon, consolidating at 0.9315. The Aussie came under pressure yesterday, following the RBA decision to keep interest rate on the record low 2.5%.
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Wed, 06 Aug 2014 09:59:17 GMT

Euro reaches nine-month low against the US Dollar

The Euro reached its lowest level in nine months against the Greenback on Tuesday as the service sector data for the Euro zone did not convince in robustness of its economy. Even though the services PMI for the whole union was above expectations, Italy's data disappointed. Furthermore, US positive service sector number also weighed on the EUR/USD pair.

Wed, 06 Aug 2014 09:37:13 GMT

WTI and Brent rise during European session

For the second time this week the West Texas Intermediate climbed as US stockpiles declined. The Brent also rose in London. The drop in supplies, amounting a total of 5.5 million barrels, caused the WTI futures to increase by 0.4%. For September, the futures climbed by 34 cents to 97.72 on the NYME.

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