Monthly Archives: September 2017

USD/CAD: Canadian economy expanded at its fastest annualised rate in nearly six years in 2Q 2017

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.13% against the CAD and closed at 1.2480. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) advanced 0.3% on a monthly basis in June, surpassing … Continue reading

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USD/CHF: Swiss Franc trading a tad lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9596. In the Asian session, at GMT0300, the pair is trading at 0.9597, with the USD trading marginally higher against the … Continue reading

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USD/JPY: Japan’s manufacturing sector growth revised lower in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 110.06. In the Asian session, at GMT0300, the pair is trading at 110.05, with the USD trading slightly lower against the … Continue reading

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GBP/USD: Interest rates need to start rising now: BoE’s Michael Saunders

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2941, following hawkish remarks from the Bank of England’s (BoE) monetary policy committee member, Michael Saunders. Michael Saunders urged for an … Continue reading

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EUR/USD: Euro-zone’s annual inflation jumped to a 4-month high in August, unemployment rate remained steady at an 8-year low in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1913, following robust economic data in the Euro-zone. Data indicated that the Euro-zone’s preliminary consumer price index (CPI) climbed more-than-expected by … Continue reading

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