USD/CAD: Loonie extends its losses, ahead of BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2672. In the Asian session, at GMT0300, the pair is trading at 1.268, with the USD trading 0.06% higher against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s ZEW expectations and the UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 0.9908. In the Asian session, at GMT0300, the pair is trading at 0.991, with the USD trading slightly higher against the … Continue reading

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USD/JPY: Japanese Yen trading marginally higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the JPY and closed at 113.94. In the Asian session, at GMT0300, the pair is trading at 113.90, with the USD trading a tad lower against … Continue reading

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GBP/USD: Pound trading a tad lower, ahead of UK’s GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.53% against the USD and closed at 1.3133, after dovish comments from the Bank of England’s (BoE) Deputy Governor, Jon Cunliffe fuelled uncertainty over a potential November interest … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector activity at a 6-year high in October, services sector growth cooled to a 2-month low in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1765, buoyed by a stronger-than-expected reading on the Euro-zone manufacturing sector. Data showed that the Euro-zone’s preliminary Markit manufacturing PMI unexpectedly … Continue reading

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AUD/USD: Aussie Dollar trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.1% against the USD and closed at 0.7811. LME Copper prices declined 0.7% or $49.5/MT to $6959.0/MT. Aluminium prices declined 1.2% or $25.5/MT to $2133.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.2644. In the Asian session, at GMT0300, the pair is trading at 1.2629, with the USD trading 0.12% lower against the … 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 slightly rose against the CHF and closed at 0.9850. On the macro front, Switzerland’s total sight deposits inched up to a level of CHF578.6 billion in the week ended … Continue reading

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USD/JPY: Japan’s manufacturing sector growth slowed in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 113.40. Macroeconomic data indicated that Japan’s final leading economic index climbed to a level of 107.2 in August, revised higher from … Continue reading

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GBP/USD: Theresa May ‘ambitious and positive’ about progress in Brexit negotiations

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3203, after the British Prime Minister, Theresa May, remained optimistic over Brexit talks, stating that she is “ambitious and positive” about … Continue reading

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EUR/USD: Euro-zone’s consumer confidence jumped to a more than 16-year high in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1750. In economic news, data showed that the Euro-zone’s flash consumer confidence index improved to a level of -1.0 in October, … Continue reading

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