USD/JPY: Japanese industrial production retreated as initially estimated in July

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the JPY and closed at 110.49. In the Asian session, at GMT0300, the pair is trading at 110.52, with the USD trading slightly higher against the … Continue reading

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GBP/USD: UK’s unemployment rate lowest since 1975 in the three months through July but wage growth remained sluggish in the same period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3215, after the latest labour market report painted a bleak picture of Britain’s wage growth. Data showed that UK’s average earnings … Continue reading

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EUR/USD: Euro-zone’s industrial output rebounded as expected in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.1893. On the data front, the Euro-zone’s seasonally adjusted industrial production rebounded 0.1% MoM in July, meeting market expectations and following … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence jumped in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.8019. LME Copper prices declined 2.0% or $135.5/MT to $6601.5/MT. Aluminium prices declined 0.8% or $17.5/MT to $2083.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD and closed at 1.2180. In the Asian session, at GMT0300, the pair is trading at 1.2163, with the USD trading 0.14% lower against the … Continue reading

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USD/CHF: Swiss Franc reverses its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9598. In the Asian session, at GMT0300, the pair is trading at 0.9589, with the USD trading 0.09% lower against the … Continue reading

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USD/JPY: Japanese Yen trading higher in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.85% against the JPY and closed at 110.21. In the Asian session, at GMT0300, the pair is trading at 110.04, with the USD trading 0.15% lower against the … Continue reading

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GBP/USD: British annual inflation surged 2.9% in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.3296, surging to a one-year high level, after larger-than-expected rise in UK inflation reinvigorated hopes that the Bank of England (BoE) … Continue reading

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EUR/USD: Euro trading on a stronger footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.1971. In economic news, the US NFIB small business optimism index surprisingly climbed to a level of 105.3 in August, compared … Continue reading

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AUD/USD: Australia’s business conditions climbed to its highest since early 2008 in August

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.803. LME Copper prices declined 0.6% or $43.0/MT to $6737.0/MT. Aluminium prices rose 1.4% or $28.5/MT to $2100.5/MT. In the Asian … Continue reading

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USD/CAD: Canadian housing starts unexpectedly climbed in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CAD and closed at 1.2101. The Canadian Dollar gained ground against the USD, after Canada’s seasonally adjusted housing starts surprisingly rose to a level of … Continue reading

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