USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.85% against the JPY and closed at 105.51. In the Asian session, at GMT0400, the pair is trading at 105.69, with the USD trading 0.17% higher against the … Continue reading

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GBP/USD: Pound trading a tad lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.4% against the USD and closed at 1.3900. In the Asian session, at GMT0400, the pair is trading at 1.3895, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: Germany’s construction sector grew at its weakest pace since January 2017 in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.2427. In economic news, Germany’s Markit construction PMI declined to a 13-month low level of 52.7 in February, after registering a … Continue reading

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AUD/USD: RBA maintains key interest rates steady at 1.50%, expects stronger economic growth in 2018

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.7765. LME Copper prices declined 0.5% or $33.0/MT to $6850.0/MT. Aluminium prices declined 0.4% or $9.0/MT to $2135.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CAD and closed at 1.2974. In the Asian session, at GMT0400, the pair is trading at 1.2976, with the USD trading slightly higher against the … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Swiss inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9400. On the data front, Switzerland’s total sight deposits remained steady at a level of CHF576.0 billion in the week ended … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the JPY and closed at 106.20. In the Asian session, at GMT0400, the pair is trading at 106.35, with the USD trading 0.14% higher against the … Continue reading

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GBP/USD: Britain’s services sector activity jumped to its highest level in 4 months in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.3849, after latest data indicated that UK’s services sector activity surged to a 4-month high level in February. UK’s Markit services … Continue reading

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EUR/USD: Eurozone’s services sector activity revised lower in February, while Germany’s services sector growth confirmed at a 3-month low in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.2337, after Germany’s Social Democrats decisively voted to form a grand coalition with Angela Merkel’s conservatives, thereby ending a prolonged period … Continue reading

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AUD/USD: Australia’s services sector growth cooled in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.7754 on Friday. LME Copper prices rose 0.5% or $31.0/MT to $6883.0/MT. Aluminium prices rose 0.1% or $1.0/MT to $2144.0/MT. In … Continue reading

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USD/CAD: Loonie trading marginally higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD and closed at 1.2896 on Friday. The Canadian Dollar lost ground against the USD, after Canada’s annualised gross domestic product (GDP) advanced less-than-anticipated by … Continue reading

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