Monthly Archives: April 2020

USD/JPY: Japan’s housing starts declined for the eighth straight month in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.26% against the JPY and closed at 107.66. On the data front, Japan’s construction orders unexpectedly rose 0.7% on a yearly basis in February, defying market expectations for … Continue reading

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GBP/USD: Britain’s GDP remained flat as initially estimated in 4Q2019

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.76% against the USD and closed at 1.2408. On the data front, UK’s gross domestic product (GDP) remained flat on a quarterly basis in the fourth quarter of … Continue reading

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EUR/USD: Euro-zone’s inflation slowed more-than-expected in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1029. On the macro front, Euro-zone’s consumer price inflation slowed more-than-expected to 0.7% in March, amid fall in energy prices. In … Continue reading

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