USD/CAD: Loonie extends its gains, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2485. On the macro front, Canada’s Teranet/National Bank house price index rebounded 0.2% on a monthly basis in December. In the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CHF and closed at 0.9688 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9671, with the USD trading 0.18% lower … Continue reading

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USD/JPY: BoJ to keep its massive stimulus programme intact: Haruhiko Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 111.03 on Friday. In the Asian session, at GMT0400, the pair is trading at 110.76, with the USD trading 0.24% lower … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.43% against the USD and closed at 1.3732 on Friday, triggered by reports that Spanish and Dutch Finance Ministers have agreed to work together to push for a … Continue reading

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EUR/USD: German leaders agreed on new coalition talks

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.21% against the USD and closed at 1.2179 on Friday, following news that German Chancellor, Angela Merkel’s conservative CDU party has reached an initial deal with Martin Schulz’s … Continue reading

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AUD/USD: Aussie trading lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.59% against the USD and closed at 0.7890. LME Copper prices declined 0.3% or $17.5/MT to $7123.0/MT. Aluminium prices rose 0.9% or $20.0/MT to $2179.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s new house price index rose in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD and closed at 1.2522. In economic news, Canada’s new house price index climbed 0.1% on a monthly basis in November, undershooting market expectations for … Continue reading

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USD/CHF: Swiss Franc trading marginally higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CHF and closed at 0.976. In the Asian session, at GMT0400, the pair is trading at 0.9758, with the USD trading a tad lower against … Continue reading

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USD/JPY: Japan’s trade surplus sharply narrowed in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 111.27. In the Asian session, at GMT0400, the pair is trading at 111.27, with the USD trading flat against the JPY … Continue reading

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GBP/USD: UK lenders set to further reduce unsecured credit in the first three months of 2018

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3539. According to the Bank of England’s (BoE) credit conditions survey, availability of unsecured credit to households decreased again in the … Continue reading

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EUR/USD: Officials may revisit policy guidance soon: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.68% against the USD and closed at 1.2033, after the European Central Bank (ECB) unveiled upbeat minutes from its December policy meeting. Minutes showed that the Governing Council … Continue reading

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