USD/JPY: BoJ’s July summary of opinions indicate concerns about credibility, ETF purchases

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 111.19. In the Asian session, at GMT0300, the pair is trading at 111.06, with the USD trading 0.12% lower against the … Continue reading

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GBP/USD: UK’s consumer confidence deteriorated in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.3072. In the Asian session, at GMT0300, the pair is trading at 1.3088, with the GBP trading 0.12% higher against the … Continue reading

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EUR/USD: German consumer morale zoomed to a 16-year high in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1683. In economic news, Germany’s GfK consumer confidence index unexpectedly climbed to a level of 10.8 in August, escalating to a … Continue reading

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AUD/USD: Aussie Dollar trading on a stronger footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.71% against the USD and closed at 0.7996. LME Copper prices climbed 1.4% or $88.0/MT to $6238.0/MT. Aluminium prices rose 0.8% or $15.5/MT to $1912.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.2453. In the Asian session, at GMT0300, the pair is trading at 1.2434, with the USD trading 0.15% lower against the … Continue reading

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USD/CHF: Switzerland’s ZEW expectations index advanced in July

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9515. In economic news, data indicated that Switzerland’s ZEW economic expectations index climbed to a level of 34.7 in July. In … Continue reading

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USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.64% against the JPY and closed at 111.16. Macroeconomic data revealed that Japan’s small business confidence index registered a rise to a level of 50.0 in July, exceeding … Continue reading

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GBP/USD: UK’s economic growth slightly faster in the second quarter of 2017

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.66% against the USD and closed at 1.3116. Macroeconomic data indicated that Britain’s preliminary gross domestic product (GDP) advanced 0.3% on a quarterly basis in the second quarter … Continue reading

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EUR/USD: Euro trading higher, ahead of Germany’s GfK consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.71% against the USD and closed at 1.1729. In economic news, Italy’s consumer confidence index unexpectedly advanced to a level of 106.7 in July, compared to market expectations … Continue reading

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AUD/USD: Weaker wage growth and rising household debt means policy rates will stay lower for longer: RBA Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7940. LME Copper prices jumped 2.5% or $150.0/MT to $6150.0/MT. Aluminium prices rose 0.3% or $6.5/MT to $1896.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.2510. In the Asian session, at GMT0300, the pair is trading at 1.2507, with the USD trading marginally lower against the … Continue reading

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