EUR/USD: Euro trading marginally higher, ahead of ECB’s monetary policy decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.0907. On the economic front, French consumer confidence index remained steady at a level of 100.0 in April, meeting market expectations. … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s annual inflation surged to its highest level since 2014 in 1Q 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.7538. LME Copper prices rose 0.7% or $40.5/MT to $5652.5/MT. Aluminium prices rose 0.8% or $15.0/MT to $1943.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad higher, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3572. In the Asian session, at GMT0300, the pair is trading at 1.3568, with the USD trading slightly lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its gains, ahead of Switzerland’s ZEW expectations data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9933. In the Asian session, at GMT0300, the pair is trading at 0.9923, with the USD trading 0.1% lower against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese all industry activity index advanced in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.05% against the JPY and closed at 110.96. In the Asian session, at GMT0300, the pair is trading at 111.23, with the USD trading 0.24% higher against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.35% against the USD and closed at 1.2830. On the macro front, UK’s public sector net borrowing posted a more-than-expected deficit of £4.4 billion in March, after recording … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.56% against the USD and closed at 1.0928. In economic news, industrial business climate index in France remained steady at a level of 104.0 in April, meeting market … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7567. On the economic front, in China, Australia’s largest trading partner, the leading economic index rose 0.9% on a monthly basis … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: US to impose 20.0% duties on Canadian softwood lumber

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3514. The Canadian Dollar lost ground after the US announced its first batch of duties on imported wood from Canada. The … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading marginally lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9958. In economic news, Switzerland’s total sight deposits rose to a level of CHF569.1 billion in the week ended 21 April, … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 109.81. Macroeconomic data indicated that Japan’s final leading economic index fell less than initially estimated to a level of 104.8 in … Continue reading

Posted in USD/JPY | Comments Off