GBP/USD: UK’s economy grew less-than-estimated in 3Q 2019

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.2854, after the Brexit Party disagreed to contest for seats previously held by Conservative in the last election. On the data … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1033. In the Asian session, at GMT0400, the pair is trading at 1.1033, with the EUR trading flat against the USD … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.52% against the USD and closed at 0.6856 on Friday. LME Copper prices rose 0.2% or $10.5/MT to $5951.5/MT. Aluminium prices rose 0.6% or $10.0/MT to $1827.5/MT. In … Continue reading

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USD/CAD: Canada’s housing starts unexpectedly fell in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD and closed at 1.3227 on Friday. On the macro front, Canada’s seasonally adjusted housing starts unexpectedly fell to a level of 202.0K in October, … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained unchanged in October

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9975 on Friday. Data showed that Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.3% in October, meeting market expectations. In … Continue reading

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USD/JPY: Japan’s trade surplus (BOP basis) narrowed in September

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 109.17 on Friday. In economic news, Japan’s preliminary coincident index advanced to a level of 101.0 in September, higher than market … Continue reading

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GBP/USD: British Pound reverses its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.2783 on Friday, amid ongoing political uncertainty. In the Asian session, at GMT0400, the pair is trading at 1.2790, with the … Continue reading

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EUR/USD: German trade surplus unexpectedly widened in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1022 on Friday. On the data front, Germany’s seasonally adjusted trade surplus unexpectedly widened to €19.2 billion in September, amid surge … Continue reading

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AUD/USD: RBA warns over further rate cuts

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.6892. LME Copper prices rose 0.5% or $27.5/MT to $5941.0/MT. Aluminium prices remained unchanged at $1817.5/MT. In the Asian session, at … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.3174. In the Asian session, at GMT0400, the pair is trading at 1.3184, with the USD trading 0.08% higher against the … Continue reading

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USD/CHF: Swiss Franc trading on a positive footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9950. In the Asian session, at GMT0400, the pair is trading at 0.9944, with the USD trading 0.06% lower against the … Continue reading

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