USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.51% against the JPY and closed at 107.39 on Friday. In the Asian session, at GMT0300, the pair is trading at 107.48, with the USD trading 0.08% higher … Continue reading

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GBP/USD: UK retail sales declined at its fastest pace in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.06% against the USD and closed at 1.2369 on Friday, following disappointing retail sales data. On the data front, UK’s retail sales slid 5.1% on a monthly basis … Continue reading

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EUR/USD: Euro extends its gains in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.0813 on Friday. On the macro data, Germany’s Ifo business climate dropped to a historic low level of 74.3 in April, … Continue reading

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AUD/USD: Aussie extends its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.68% against the USD and closed at 0.6374. LME Copper prices rose 1.7% or $86.5/MT to $5,120.5/MT. Aluminium prices climbed 0.8% or $12.0/MT to $1473.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.87% against the CAD and closed at 1.4068. In the Asian session, at GMT0300, the pair is trading at 1.4073, with the USD trading slightly higher against the … Continue reading

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USD/CHF: Swiss Franc trading on weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9759. In the Asian session, at GMT0300, the pair is trading at 0.9770, with the USD trading 0.11% higher against the … Continue reading

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USD/JPY: Japan’s leading economic index rose in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.33% against the JPY and closed at 107.58. On the data front, Japan’s coincident index fell to 95.5 in February, compared to a revised level of 95.7 in … Continue reading

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GBP/USD: UK’s private sector activity contracted at its fastest pace in more than two decades

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.17% against the USD and closed at 1.2354. On the data front, UK’s public sector net borrowing deficit widened to £2.33 billion in March, compared to a revised … Continue reading

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EUR/USD: Euro-zone’s Markit manufacturing and services PMIs sharply dropped in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0780. On the macro front, Euro-zone’s Markit manufacturing PMI dropped to 33.6 in April, due to the measures taken to contain … Continue reading

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AUD/USD: Australia’s Commonwealth Bank manufacturing and services PMIs dropped in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 8.53% against the USD and closed at 0.6315. LME Copper prices rose 0.8% or $39.5/MT to $5,034.0/MT. Aluminium prices climbed 1.3% or $18.0/MT to $1,461.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s consumer price inflation slowed to a five year low in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.63% against the CAD and closed at 1.4167. On the data front, Canada’s consumer price inflation slowed to 0.9% on a yearly basis in March, amid coronavirus crisis … Continue reading

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