GBP/USD: UK’s manufacturing PMI declined for the seventh consecutive month in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.2941. In economic news, UK’s final manufacturing PMI dropped to a level of 48.9 in November, declining for the seventh consecutive … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI advanced in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.1076. On data front, Euro-zone’s final manufacturing PMI rose to a level of 46.9 in November, surpassing market consensus for a … Continue reading

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AUD/USD: Aussie reverses its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.06% against the USD and closed at 0.6764 on Friday. LME Copper prices declined 0.5% or $27.5/MT to $5854.0/MT. Aluminium prices rose 1.2% or $20.5/MT to $1785.5/MT. In … Continue reading

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USD/CAD: Canada’s economy slowed sharply in the third quarter

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3279 on Friday. Data indicated that Canada’s annualised gross domestic product (GDP) grew 1.3% on a quarterly basis in the third … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 1.0001 on Friday. Data revealed that Switzerland’s KOF leading indicator unexpectedly slid to a level of 93.0 November, marking its lowest … Continue reading

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USD/JPY: Japanese Yen trading lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the JPY and closed at 109.46 on Friday. Data showed that Japan’s consumer confidence index increased to 38.7 in November, compared to a reading of 36.2 … Continue reading

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GBP/USD: UK’s consumer credit advanced in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.2935 on Friday. Data indicated that UK’s consumer credit climbed to £1.3 billion in October, surpassing market forecast for a rise … Continue reading

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EUR/USD: Euro-zone’s inflation accelerated in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.1017 on Friday. Data showed that Euro-zone’s consumer price index (CPI) climbed 1.0% on an annual basis in November, beating market … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.06% against the USD and closed at 0.6768. LME Copper prices declined 0.7% or $44.0/MT to $5881.5/MT. Aluminium prices declined 0.3% or $5.5/MT to $1765.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3282. In the Asian session, at GMT0400, the pair is trading at 1.3288, with the USD trading 0.05% higher against the … Continue reading

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USD/CHF: Switzerland’s GDP grew in the third quarter of 2019

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9987. In economic news, Switzerland’s seasonally adjusted gross domestic product (GDP) advanced 0.4% on a quarterly basis in 3Q 2019, following … Continue reading

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