USD/JPY: Japan’s economic growth slowed in 3Q 2017

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the JPY and closed at 113.45. In the Asian session, at GMT0400, the pair is trading at 113.16, with the USD trading 0.26% lower against the … Continue reading

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GBP/USD: UK’s annual inflation missed market expectations in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.3162. Data indicated that British consumer price index (CPI) climbed less-than-expected by 3.0% on an annual basis in October, signalling that … Continue reading

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EUR/USD: German economy grew faster-than-expected in 3Q 2017

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.12% against the USD and closed at 1.1796, boosted by robust economic growth in Germany. In economic news, second estimate of the Euro-zone’s seasonally adjusted gross domestic product … Continue reading

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AUD/USD: Australia’s business conditions sharply improved in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7618. LME Copper prices declined 0.4% or $29.0/MT to $6768.0/MT. Aluminium prices rose 0.5% or $10.0/MT to $2100.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.2737. In the Asian session, at GMT0400, the pair is trading at 1.2742, with the USD trading marginally higher against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9965. On the economic front, Switzerland’s total sight deposits fell to a level of CHF577.5 billion in the week ended 10 … Continue reading

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USD/JPY: Current ultra-loose monetary policy to persist: BoJ Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the JPY and closed at 113.61. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, reiterated the need to continue with the central bank’s current monetary … Continue reading

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GBP/USD: Pound trading marginally lower, ahead of Britain’s crucial inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.3114, weighed by profound concerns over whether the British Prime Minister, Theresa May still has the political clout to govern the … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of ECB President’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1665. On the data front, Germany’s wholesale price index rose 3.0% on a yearly basis in October, following a rise of … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.2677 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2688, with the USD trading 0.09% higher … Continue reading

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AUD/USD: Aussie trading marginally lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.23% against the USD and closed at 0.7661 on Friday. LME Copper prices rose 0.3% or $20.0/MT to $6797.0/MT. Aluminium prices rose 0.6% or $12.0/MT to $2090.0/MT. In … Continue reading

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