GBP/USD: UK’s BRC retail sales dropped to its lowest level since August 2015 in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.242. In the Asian session, at GMT0300, the pair is trading at 1.2419, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence sharply improved in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.0598, after the Euro-zone’s Sentix investor confidence index advanced to a level of 23.9 in April, strengthening to its highest level … Continue reading

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AUD/USD: Australia’s home loans surprisingly fell in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.54% against the USD and closed at 0.7499 on Friday. LME Copper prices declined 1.7% or $100.5/MT to $5770.0/MT. Aluminium prices declined 1.4% or $26.5/MT to $1929.5/MT. In … Continue reading

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USD/CAD: Canada’s unemployment rate rose as expected in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3408 on Friday. Macroeconomic data showed that unemployment rate in Canada registered a rise to 6.7% in March, meeting market expectations. … Continue reading

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USD/CHF: Swiss unemployment remained steady in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 1.0087 on Friday. On the data front, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in March, meeting market expectations. … Continue reading

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USD/JPY: Japan recorded a trade surplus in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the JPY and closed at 111.19 on Friday. In the Asian session, at GMT0300, the pair is trading at 111.43, with the USD trading 0.22% higher … Continue reading

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GBP/USD: UK’s manufacturing, industrial and construction output, all surprisingly fell in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.2370 on Friday, after an unexpected downturn in UK’s manufacturing, industrial and construction sector dented the nation’s growth prospects in the … Continue reading

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EUR/USD: German industrial output surprisingly jumped in February, trade surplus widened more than anticipated in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0592 on Friday. In economic news, Germany’s seasonally adjusted industrial production unexpectedly rose 2.2% on a monthly basis in February, driven … Continue reading

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AUD/USD: Australia’s construction sector slows in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.41% against the USD and closed at 0.7540. LME Copper prices rose 1.1% or $62.0/MT to $5870.5/MT. Aluminium prices declined 0.3% or $6.0/MT to $1956.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s building permits surprisingly declined in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3416. On the economic front, Canada’s building permits unexpectedly dropped 2.5% on a monthly basis in February, confounding market expectations for … Continue reading

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USD/CHF: Swiss consumer price inflation advanced as expected in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 1.0052. Macroeconomic data revealed that Switzerland’s consumer price index (CPI) rose 0.2% MoM in March, meeting market expectations. The CPI had … Continue reading

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