USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD and closed at 1.3318. In the Asian session, at GMT0300, the pair is trading at 1.3344, with the USD trading 0.20% higher against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 1.0022. In the Asian session, at GMT0300, the pair is trading at 1.0023, with the USD trading slightly higher against the … Continue reading

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USD/JPY: Japan’s machine tool orders tumbled in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 110.95. Data showed that Japan’s flash machine tool orders sank 28.5% on a yearly basis in March, compared to a fall … Continue reading

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GBP/USD: UK’s total trade deficit narrowed below expectations in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.3090, after the EU granted a second extension for Brexit reducing the fears of a no-deal divorce. On the data front, … Continue reading

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EUR/USD: ECB leaves key interest rates unchanged at 0.00%

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1277. The European Central Bank (ECB), in its April monetary policy meeting, decided to keep the benchmark interest rate steady at … Continue reading

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AUD/USD: Aussie reverses its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.7124. LME Copper prices rose 1.0% or $65.5/MT to $6498.0/MT. Aluminium prices declined 0.4% or $7.5/MT to $1851.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3331. In the Asian session, at GMT0300, the pair is trading at 1.3335, with the USD trading a tad higher against … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained steady in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9997. In economic news, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.4% in March, at par with market expectations. In … Continue reading

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USD/JPY: Japan’s machinery orders rose for the first time in 4-months in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the JPY and closed at 111.15. In the Asian session, at GMT0300, the pair is trading at 111.18, with the USD trading slightly higher against the … Continue reading

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GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.3056, after the IMF cut UK’s growth forecast to 1.2% this year and warned that a no-deal Brexit would push the … Continue reading

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EUR/USD: Euro trading lower ahead of ECB’s key rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.08% against the USD and closed at 1.1266. The US dollar declined against the euro, amid concerns over US-EU trade tensions, after President Donald Trump stated that he … Continue reading

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