Monthly Archives: November 2015

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CHF and closed at 1.0195. In the Asian session, at GMT0400, the pair is trading at 1.0205, with the USD trading 0.1% higher from Friday’s … Continue reading

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USD/JPY: Japanese Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 122.84. On Friday, BoJ board member, Sayuri Shirai, indicated that Japan’s inflation rate is expected to rise in the near future, … Continue reading

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GBP/USD: Pound trading lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.63% against the USD and closed at 1.5193, after UK’s public sector net borrowing rose more-than-anticipated in October. Data showed that Britain’s public sector net borrowing recorded a … Continue reading

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EUR/USD: Euro trading lower, ahead of flash Markit manufacturing and services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.80% against the USD and closed at 1.0646, following dovish comments by the ECB President, Mario Draghi. The ECB Chief reiterated that the central bank will not hesitate … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement Crude Oil prices declined 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 40.57, as lingering concerns of global supply glut continue to weigh on oil prices. In the Asian session, at GMT0400, … Continue reading

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Silver: White metal trading on a stronger footing in the Asian session

Silver Movement Silver prices rose 0.60% to USD 14.26 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.27, with the silver trading marginally higher … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded higher by 0.98% against the USD in the 24 hour period ending 23:00GMT, at 1081.20 per ounce, amid a weaker greenback. In the Asian session, at GMT0400, the pair is trading at 1082.8, with the … Continue reading

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AUD/USD: Aussie trading tad higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.14% against the USD to close at 0.7192. Yesterday, the RBA’s Head of economic analysis, Alex Heath, stated that the decline in the value of the Australian dollar … Continue reading

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USD/CAD: Loonie trading tad lower, ahead of Canada’s October consumer price inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.3293. In economic news, Canada’s wholesale sales unexpectedly declined 0.1% MoM in September, against market expectations for a 0.2% increase. In … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CHF and closed at 1.0133. In economic news, Switzerland recorded a trade surplus of CHF4.2 billion, against market expectations for a rise to CHF3.4 billion … Continue reading

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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 weakened 0.53% against the JPY and closed at 122.92. Yesterday, the BoJ Governor, Haruhiko Kuroda, downplayed concerns about the nation’s third quarter contraction and stated that the nation’s business … Continue reading

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