AUD/USD: Australia’s private sector credit grew less-than-expected in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7466. LME Copper prices rose 0.2% or $9.0/MT to $5686.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1954.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3639. Yesterday, the US President, Donald Trump, pledged to keep the US in the North American Free Trade Agreement (NAFTA). In … Continue reading

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USD/CHF: Swiss trade surplus narrowed in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9943. In economic news, Switzerland’s trade surplus slightly narrowed to a level of CHF3.10 billion in March, compared to a revised … Continue reading

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USD/JPY: Japan’s jobless rate surprisingly remained steady in March, while inflation came in softer than expected in the same month

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 111.25. In the Asian session, at GMT0300, the pair is trading at 111.1, with the USD trading 0.13% lower against the … Continue reading

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GBP/USD: UK’s GfK consumer confidence dipped to a 4-month low level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.2900. In the Asian session, at GMT0300, the pair is trading at 1.2907, with the GBP trading a tad higher against … Continue reading

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EUR/USD: ECB maintains ultra-loose monetary policy

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.0868, after the European Central Bank (ECB) President, Mario Draghi, gave no hints to curtail its massive bond-buying programme in the … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.85% against the USD and closed at 0.7474. LME Copper prices rose 0.4% or $25.0/MT to $5677.5/MT. Aluminium prices rose 0.8% or $14.5/MT to $1957.5/MT. In the Asian … Continue reading

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USD/CAD: Canadian retail sales surprisingly declined in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3615. The Canadian Dollar lost ground, on reports that the US is considering withdrawal from the North American Free Trade Agreement … Continue reading

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USD/CHF: Swiss ZEW expectations index declined in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CHF and closed at 0.993. Macroeconomic data showed that Switzerland’s ZEW economic expectations index fell to a level of 22.2 in April, following a reading … Continue reading

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USD/JPY: BoJ keeps monetary policy unchanged, upgrades economic outlook

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 111.20. On the macro front, Japan’s small business confidence index dropped more-than-anticipated to a level of 48.6 in April, compared to … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2853. In the Asian session, at GMT0300, the pair is trading at 1.2861, with the GBP trading 0.06% higher against the … Continue reading

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