EUR/USD: Euro-zone’s current account surplus dropped to its lowest level since January 2016 in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.0793. On the economic front, the Euro-zone’s seasonally adjusted current account surplus narrowed to a twelve-month low level of €24.1 billion … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s Westpac Leading index dropped in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.6% against the USD and closed at 0.7680. On the data front, China’s leading economic index rose 1.2% in February. In the prior month, the index had advanced … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s retail sales posted its largest gain in almost 7 years in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.3352. On the economic front, retail sales in Canada rebounded more-than-anticipated by 2.2% in January, accelerating at its strongest pace in … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s trade surplus narrowed in February

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CHF and closed at 0.9931. Macroeconomic data indicated that Switzerland’s trade surplus narrowed to CHF3.11 billion in February, following a revised surplus of CHF4.83 billion … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Officials highlight financial market risk: BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.92% against the JPY and closed at 111.49. In the Asian session, at GMT0400, the pair is trading at 111.65, with the USD trading 0.14% higher against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s annual inflation surpassed the Bank of England’s 2.0% target in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.96% against the USD and closed at 1.2477, after data showed that British annual inflation advanced at the fastest pace in more than three years in February, breaching … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading between its MA’s in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.73% against the USD and closed at 1.0811, after a strong debate performance from French centrist Presidential candidate, Emmanuel Macron, thus cementing his position as the front-runner in … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: RBA concerned about house prices and highly indebted households

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7726. On the data front, Australia’s CB leading indicator advanced by 0.4% in January, compared to a drop of 0.1% in … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3339. In the Asian session, at GMT0400, the pair is trading at 1.3351, with the USD trading 0.09% higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad higher, ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the CHF and closed at 0.9988. In economic news, Switzerland’s total sight deposits advanced to a level of CHF557.2 billion in the week ended 17 March, … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 112.52. In the Asian session, at GMT0400, the pair is trading at 112.72, with the USD trading 0.18% higher against the … Continue reading

Posted in USD/JPY | Comments Off