Monthly Archives: April 2016

AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD and closed at 0.7666. In economic news, Australia’s AIG performance of manufacturing index advanced to a level of 58.1 in March, from a reading … Continue reading

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USD/CAD: Canada’s January GDP posted biggest monthly gain since 2013

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.2987. In economic news, Canadian GDP rose more-than-expected by 0.6% MoM in January, expanding for the fourth consecutive month, backed by … Continue reading

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USD/CHF: Swiss Franc trading tad higher, ahead of Switzerland’s February real retail sales data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 0.9614. Yesterday, the Swiss National Bank’s (SNB) Governing Board member, Andrea Maechler, indicated that the central bank would not hesitate from … Continue reading

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USD/JPY: BoJ’s Q1 Tankan survey forecasts gloomy outlook for Japan

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 112.55. Yesterday, data indicated that Japan’s housing starts surprisingly rose by 7.8% YoY in February, compared to market expectations for a … Continue reading

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GBP/USD: Britain’s final Q4 GDP revised upwards

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.08% against the USD and closed at 1.4366, despite UK’s positive GDP figure. Data showed that UK’s final GDP advanced more-than-anticipated by 0.6% QoQ in 4Q 2015, compared … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.1379. In economic news, the Eurozone’s preliminary consumer price index declined in line with market expectations by 0.1% YoY in March, … Continue reading

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