USD/CHF: Swiss Franc gaining strength in the Asian session

  On Monday, for the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9152, after the Senate Republican leader, Mitch McConnell stated that lawmakers had reached agreement on the tax portion of a … Continue reading

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USD/JPY: USD continues its bullish trend against the Yen

  For the 24 hours to 23:00 GMT on Monday, the USD strengthened 0.90% against the JPY and closed at 86.75. The Yen weakened, after Japan’s Prime Minister, Shinzo Abe, reiterated his intention to weaken his nation’s currency. Meanwhile, on … Continue reading

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GBP/USD: Lloyds business barometer rises in UK

  For the 24 hours to 23:00 GMT on Friday, GBP rose 0.30% against the USD and closed at 1.6163. In the Asian session, at GMT0400, the pair is trading at 1.6155, with the GBP trading marginally lower from Friday’s … Continue reading

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EUR/USD: Euro fell on disappointing French and Spanish economic data

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.24% against the USD and closed at 1.3216, amid poor French and Spanish economic data and disappointing Italian bond auction. In French economic news, the gross domestic product … Continue reading

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USD/JPY: Greenback trading higher this morning

  For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.66% against the JPY and closed at 85.93. In the Asian session, at GMT0400, the pair is trading at 86.15, with the USD trading 0.25% higher from … Continue reading

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USD/CHF: Swiss Franc tad lower this morning

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.14% against the CHF and closed at 0.9137. In the Asian session, at GMT0400, the pair is trading at 0.9147, with the USD trading 0.12% higher from … Continue reading

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USD/CAD: US Dollar trading lower this morning

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.20% against the CAD to close at 0.9970, as risk appetite fell amid rising uncertainty surrounding talks between US lawmakers to avoid the looming fiscal cliff crisis. … Continue reading

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AUD/USD: Private sector credit increases in Australia

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened marginally against the USD to close at 1.0372. LME Copper prices ended flat or $3.8/MT to $7867.5/MT. Aluminium prices declined 0.6% or $12.8/MT to $2030.5/MT. In the … Continue reading

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GBP/USD: UK mortgage approvals rose less-than-expected in November, indicates BBA

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6114, after UK’s British Banker’s Association (BBA) reported that the number of new mortgages approved in November rose to 33,634 approvals from a … Continue reading

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USD/JPY: Yen trading higher

  For the 24 hours to 23:00 GMT, the USD strengthened 0.94% against the JPY and closed at 86.50. Housing starts in Japan grew at a pace of 10.3% (YoY) in November, lower than the 25.2% growth registered in October. … Continue reading

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USD/CAD: Canada Dollar stung by “fiscal cliff” fear, tad higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 0.9950. The Canadian Dollar ended weaker yesterday, as investors fled to safety after the top Democrat in the US Senate indicated that … Continue reading

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