USD/JPY: Additional easing measures discussed, indicates BoJ minutes

  For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 96.65. In the Asian session, at GMT0400, the pair is trading at 96.48, with the USD trading 0.18% lower from yesterday’s close. … Continue reading

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EUR/USD: Euro trading lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.35% against the USD and closed at 1.3033. In economic news, the non-seasonally adjusted trade surplus in Germany widened to €13.7 billion in January, from a €12.1 billion surplus recorded … Continue reading

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GBP/USD: UK house price balance declines in February, indicates RICS

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.4906. In the Asian session, at GMT0400, the pair is trading at 1.4895, with the GBP trading marginally lower from yesterday’s close. In … Continue reading

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USD/CHF: Swiss retail sales growth slowed in January

  For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9484. In Switzerland, real retail sales rose 1.9% (YoY) in January, slower than the downwardly revised 4.7% rise recorded in December. In … Continue reading

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USD/CAD: Loonie trading flat this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0267. In the Asian session, at GMT0400, the pair is trading at 1.0267, with the USD trading flat from yesterday’s close. The … Continue reading

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AUD/USD: Australian business confidence drops in February

  For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 1.0277. LME Copper prices declined 0.7% or $53.0/MT to $7677.0/MT. Aluminium prices declined 1.6% or $31.5/MT to $1895.5/MT. In the Asian session, at … Continue reading

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EUR/USD: Greenback gained as US jobs numbers zoomed past market expectations, trading lower this morning

On Friday, EUR declined 0.87% against the USD and closed at 1.2994. Demand for the greenback soared after the reports that hiring took place at a much faster pace than expected in the US last month. The US Department of … Continue reading

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GBP/USD: Lloyds employment confidence index advances in February

On Friday, GBP fell 0.57% against the USD and closed at 1.4940, as the greenback registered gains against major currencies following stronger-than-forecasted US employment data. The Department of Labor indicated that the US economy added 236,000 jobs in February, much … Continue reading

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USD/JPY: Yen losses ground on disappointing Japanese core machine orders

On Friday, the USD strengthened 0.97% against the JPY and closed at 95.82. In economic news, Japanese current economic situation index edged up to a reading of 53.2 in February, from a reading of 49.5 in January. Similarly, the outlook … Continue reading

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USD/CHF: Swiss Franc trading flat in the Asian session

On Friday, the USD rose 0.90% against the CHF and closed at 0.9516. On the Swiss economic front, the consumer price index (CPI) dropped 0.3% annually in line with market expectations and following to a similar drop recorded in the … Continue reading

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AUD/USD: Aussie trading lower on Chinese data

  On Friday, the AUD weakened 0.39% against the USD to close at 1.0231. The Australian dollar lost ground following the release of upbeat US non-farm payrolls. LME Copper prices rose 0.8% or $59.0/MT to $7730.0/MT. Aluminium prices rose 0.9% … Continue reading

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