USD/CAD: Loonie extends its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3233. The Canadian dollar declined against the US dollar, following Bank of Canada’s Governor, Stephen Poloz’s comments. Yesterday, the BoC Governor, … Continue reading

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USD/CHF: Switzerland’s M3 money supply climbed in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 1.0012. In economic news Switzerland’s M3 money supply advanced 3.4% on an annual basis in January, compared to a climb of … Continue reading

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USD/JPY: Japan’s machine tool orders declined as estimated in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the JPY and closed at 110.68. Data showed that Japan’s final machine tool orders fell 18.8% on a yearly basis in January, confirming the preliminary print … Continue reading

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GBP/USD: UK’s public sector net borrowing posted a surplus in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3036. Data showed that UK’s public sector net borrowing posted a surplus of £15.8 billion in January, following a deficit of … Continue reading

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EUR/USD: Euro-zone’s manufacturing PMI fell to a 68-month low level in February, while services PMI rose to a 3-month high in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1336, on the back of dismal PMI data. Data showed that Euro-zone’s flash manufacturing PMI fell to a level of 49.2 … Continue reading

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AUD/USD: Australia’s CBA services PMI fell in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7167. LME Copper prices rose 1.7% or $105.0/MT to $6351.5/MT. Aluminium prices declined 0.2% or $4.0/MT to $1829.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD and closed at 1.3175. In the Asian session, at GMT0400, the pair is trading at 1.3165, with the USD trading 0.08% lower against the … Continue reading

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USD/CHF: Swiss Franc trading slightly higher in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 1.0007. In the Asian session, at GMT0400, the pair is trading at 1.0006, with the USD trading marginally lower against the … Continue reading

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USD/JPY: Japan’s Nikkei manufacturing PMI contracted for the first time since August 2016 in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the JPY and closed at 110.81. In the Asian session, at GMT0400, the pair is trading at 110.80, with the USD trading slightly lower against the … Continue reading

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GBP/USD: British Pound trading a tad higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.3047, after three prominent lawmakers resigned from Prime Minister Theresa May’s ruling Conservative party over Brexit. On the macro front, the … Continue reading

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EUR/USD: Euro-zone’s consumer confidence index rose more-than-estimated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1345. On the data front, the Euro-zone’s flash consumer confidence index advanced to a level of -7.4 in February, more than … Continue reading

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