USD/CHF: Swiss ZEW economic expectations index eased in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9316. On the economic front, Switzerland’s ZEW economic expectations index dropped to a level of 34.5 in January, after recording a … Continue reading

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USD/JPY: Japanese manufacturing sector growth revised higher in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the JPY and closed at 109.22. In the Asian session, at GMT0400, the pair is trading at 109.34, with the USD trading 0.11% higher against the … Continue reading

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GBP/USD: Pound trading a tad lower, ahead of Britain’s manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4199. In the Asian session, at GMT0400, the pair is trading at 1.4197, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: Euro-zone’s annual inflation growth cooled to a 6-month low level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined slightly against the USD and closed at 1.2417. Macroeconomic data showed that the Euro-zone’s flash consumer price index (CPI) rose 1.3% on an annual basis in January, meeting … Continue reading

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AUD/USD: Australia’s inflation came in weaker-than-anticipated in 4Q 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.04% against the USD and closed at 0.8084. LME Copper prices declined 0.2% or $13.0/MT to $7049.0/MT. Aluminium prices declined 1.0% or $22.5/MT to $2229.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.2337. In the Asian session, at GMT0400, the pair is trading at 1.2318, with the USD trading 0.15% lower against the … Continue reading

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USD/CHF: Swiss trade surplus increased in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.4% against the CHF and closed at 0.9347. In economic news, trade surplus in Switzerland widened to CHF2.63 billion in December, after recording a revised trade surplus of … Continue reading

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USD/JPY: Few officials call for loosening monetary conditions in future: BoJ summary of opinions

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the JPY and closed at 108.79. In the Asian session, at GMT0400, the pair is trading at 108.89, with the USD trading 0.09% higher against the … Continue reading

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GBP/USD: Brexit battle is switching to tackle inflation, says BoE’s Carney

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.4148, after the Bank of England’s (BoE) Governor, Mark Carney, stated that the central bank can now focus increasingly on combating … Continue reading

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EUR/USD: Euro-zone’s economy grew as expected in 4Q 2017, while German inflation missed expectations in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.2404, after data showed that the common currency region posted another quarter of strong growth. The Euro-zone’s seasonally adjusted flash gross … Continue reading

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AUD/USD: Australia’s NAB business confidence index hit 5-month high in December

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.8093. LME Copper prices declined 0.02% or $1.5/MT to $7062.0/MT. Aluminium prices rose 0.6% or $13.5/MT to $2251.5/MT. In the Asian … Continue reading

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