GBP/USD: UK’s GfK consumer confidence dipped to a 4-month low level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.2900. In the Asian session, at GMT0300, the pair is trading at 1.2907, with the GBP trading a tad higher against … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: ECB maintains ultra-loose monetary policy

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.0868, after the European Central Bank (ECB) President, Mario Draghi, gave no hints to curtail its massive bond-buying programme in the … Continue reading

Posted in EUR/USD | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.85% against the USD and closed at 0.7474. LME Copper prices rose 0.4% or $25.0/MT to $5677.5/MT. Aluminium prices rose 0.8% or $14.5/MT to $1957.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canadian retail sales surprisingly declined in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3615. The Canadian Dollar lost ground, on reports that the US is considering withdrawal from the North American Free Trade Agreement … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss ZEW expectations index declined in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CHF and closed at 0.993. Macroeconomic data showed that Switzerland’s ZEW economic expectations index fell to a level of 22.2 in April, following a reading … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: BoJ keeps monetary policy unchanged, upgrades economic outlook

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 111.20. On the macro front, Japan’s small business confidence index dropped more-than-anticipated to a level of 48.6 in April, compared to … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2853. In the Asian session, at GMT0300, the pair is trading at 1.2861, with the GBP trading 0.06% higher against the … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading marginally higher, ahead of ECB’s monetary policy decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.0907. On the economic front, French consumer confidence index remained steady at a level of 100.0 in April, meeting market expectations. … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s annual inflation surged to its highest level since 2014 in 1Q 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.7538. LME Copper prices rose 0.7% or $40.5/MT to $5652.5/MT. Aluminium prices rose 0.8% or $15.0/MT to $1943.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad higher, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3572. In the Asian session, at GMT0300, the pair is trading at 1.3568, with the USD trading slightly lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its gains, ahead of Switzerland’s ZEW expectations data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9933. In the Asian session, at GMT0300, the pair is trading at 0.9923, with the USD trading 0.1% lower against the … Continue reading

Posted in USD/CHF | Comments Off