AUD/USD: Aussie extended its losses in Asian session

For the 24 hours to 23:00 GMT, AUD weakened slightly against the USD to close at 1.0418. In the Asian session, at GMT0400, the pair is trading at 1.0407, with the AUD trading 0.11% lower from yesterday’s close. This morning … Continue reading

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USD/CAD: Canadian Dollar’s rally fades on weaker oil prices

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 1.0112. Data released in Canada showed that the manufacturing sales climbed 2.0% in November to C$49.6 billion, the fourth increase in five months. In … Continue reading

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USD/CHF: Swiss Franc losing ground this morning

For the 24 hours to 23:00 GMT, USD declined 0.81% against the CHF and closed at 0.9320. In the Asian session, at GMT0400, the pair is trading at 0.9321, with the USD trading marginally higher from yesterday’s close. The pair … Continue reading

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USD/JPY: Greenback trading flat after yesterday’s rise

For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 77.08. The Japan Department Stores Association reported that the department store sales in Japan rose 0.8% (YoY) in December, compared to a 1.9% drop … Continue reading

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GBP/USD: British Pound advanced on higher risk appetite, trading flat this morning

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5490. In the Asian session, at GMT0400, the pair is trading at 1.5490, with the GBP trading steady from yesterday’s close. The pair is … Continue reading

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AUD/USD: Aussie trading lower on employment report

For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 1.0420. In the Asian session, at GMT0400, the pair is trading at 1.0397, with the AUD trading 0.22% lower from yesterday’s close, after a … Continue reading

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USD/CAD: Canadian dollar continues to cement gains this morning

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0113. In its latest monetary report, the Bank of Canada stated that the worsening global economic conditions would hold back the Canadian economy in … Continue reading

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USD/CHF: Swiss Franc continues to trade higher this morning

For the 24 hours to 23:00 GMT, USD declined 1.03% against the CHF and closed at 0.9396. Swiss Franc advanced after Switzerland’s economic expectations logged its strongest rise since April 2011. Data released in Switzerland showed that the ZEW index … Continue reading

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USD/JPY: Greenback trading lower as IMF move boosts risk appetite

For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 76.79. In economic news, Japan’s industrial output retreated 2.7% (MoM) in November, from an initial estimate of a 2.6% decline recorded earlier. Meanwhile, the … Continue reading

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GBPUSD: British Pound continues to rise, despite disappointing economic data

For the 24 hours to 23:00 GMT, GBP rose 0.66 % against the USD and closed at 1.5431, as investors appetite for riskier currency rose, shrugging off the surge in the unemployment rate in the UK. The unemployment rate in … Continue reading

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EUR/USD: Euro continues to march northwards, as IMF news boosted risk appetite

For the 24 hours to 23:00 GMT, EUR rose 0.93% against the USD and closed at 1.2859, as risk appetite rose, after the news that the International Monetary Fund has proposed increasing its lending capacity and amid speculation that Greek … Continue reading

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