USD/JPY: Trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.15% against the JPY and closed at 77.73. In the Asian session, at GMT0400, the pair is trading at 77.73, with the USD trading flat from yesterday’s close. The pair is … Continue reading

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GBP/USD: Pound fell on poor economic data, trading slightly higher this morning

For the 24 hours to 23:00 GMT, GBP fell 0.26% against the USD and closed at 1.5602, after the Lloyds Banking Group’s Halifax division reported that the house price index in the UK dropped 0.9% (MoM) in November, from a … Continue reading

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EUR/USD: Euro continues its upward journey

For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.3405, ahead of Euro-zone summit scheduled later this week. Euro also received support from reports that the European Union leaders are in talks to … Continue reading

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AUD/USD: Aussie fell this morning after the RBA’s rate decision

For the 24 hours to 23:00 GMT, AUD rose slightly against the USD to close at 1.0258. In the Asian session, at GMT0400, the pair is trading at 1.0198, with the AUD trading 0.58% lower from yesterday’s close, after the … Continue reading

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USD/CAD: Canadian dollar trading lower this morning ahead of BoC interest rate decision

For the 24 hours to 23:00 GMT, USD rose marginally against the CAD to close at 1.0170, as Standard & Poor’s warning for Euro-zone countries credit downgrade diminished appeal for riskier currencies. In the Asian session, at GMT0400, the pair … Continue reading

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USD/JPY: Pair continues its southward journey

For the 24 hours to 23:00 GMT, USD weakened 0.25% against the JPY and closed at 77.85. In the Asian session, at GMT0400, the pair is trading at 77.80, with the USD trading 0.07% lower from yesterday’s close. The pair … Continue reading

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USD/CHF: Trading above its MA’s, Investors await Swiss consumer price data

For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.9211. In the Asian session, at GMT0400, the pair is trading at 0.9221, with the USD trading 0.11% higher from yesterday’s close. The pair … Continue reading

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GBP/USD: Pound advanced on upbeat UK PMI data, trading lower this morning on poor retail sales data

For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.5643, after reports showed a rise in services Purchasing Manager’ Index (PMI) in the UK. The services PMI in the UK rose to 52.1 … Continue reading

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EUR/USD: Euro backpedals, after S&P warns of broad Euro-zone downgrade over debt crisis

For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.3392, after Standard & Poor’s warned that it may downgrade the credit ratings of 15 Euro-zone nations’ if EU leaders fail to reach an … Continue reading

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AUD/USD: Converging with its MA’s

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD, on Friday, to close at 1.0212. In Australia, this morning, the AiG Performance of Services Index declined to 47.7 in November, compared to 48.8 in the previous … Continue reading

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USD/CAD: Canadian Dollar declined on poor unemployment data, trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.37% against the CAD, on Friday, to close at 1.0181. Canadian dollar declined against the US dollar, after reports showed that Canadian unemployment rate rose in November. The unemployment rate in … Continue reading

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