USD/CAD: Canada’s retail sales declined for the first time in three months in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3296 on Friday. On the macro front, Canada’s retail sales fell 0.1% on a monthly basis in September, declining for the … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CHF and closed at 0.9979 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9968, with the USD trading 0.11% lower … Continue reading

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USD/JPY: Japanese Yen extends its losses in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 108.63 on Friday. In the Asian session, at GMT0400, the pair is trading at 108.77, with the USD trading 0.13% higher … Continue reading

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GBP/USD: UK service sector activity declined to its lowest level in 40 months in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.60% against the USD and closed at 1.2833 on Friday, amid dismal manufacturing and services PMIs. In economic news, UK’s Markit manufacturing PMI eased to a level of … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI rose to a 3-month high level in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1021 on Friday. On the data front, Euro-zone’s preliminary manufacturing PMI advanced to a 3-month high level of 46.6 in November, … Continue reading

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AUD/USD: Australia’s manufacturing PMI contracted in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.6787. LME Copper prices rose 1.0% or $60.0/MT to $5813.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1753.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.3282. In the Asian session, at GMT0400, the pair is trading at 1.3281, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Switzerland’s industrial production advanced in 3Q 2019

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9929. In economic news, Switzerland’s industrial production climbed 8.0% on an annual basis in 3Q 2019, following a revised rise of … Continue reading

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USD/JPY: Japan’s manufacturing PMI advanced in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 108.59. In the Asian session, at GMT0400, the pair is trading at 108.64, with the USD trading 0.05% higher against the … Continue reading

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GBP/USD: OECD upgrades UK’s growth forecast to 1.2% in 2021

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2911. On the macro front, UK’s budget deficit widened to £11.21 billion in October, exceeding market expectations. According to the OECD … Continue reading

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EUR/USD: OECD trims global growth forecast

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1062. On the data front, Euro-zone’s flash consumer confidence index advanced to a level of -7.2 in November, more than market … Continue reading

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