USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3073. In the Asian session, at GMT0400, the pair is trading at 1.3069, with the USD trading slightly lower from yesterday’s … Continue reading

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USD/CHF: Swiss consumer price index remained flat in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 1.0060. On the macro front, Switzerland’s consumer price index (CPI) surprisingly remained flat on a monthly basis in January, while market … Continue reading

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USD/JPY: Japanese Yen trading a tad higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the JPY and closed at 114.30. In the Asian session, at GMT0400, the pair is trading at 114.28, with the USD trading marginally lower against the … Continue reading

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GBP/USD: UK’s annual inflation accelerates at the quickest pace in more than 2-years in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.2471, after UK’s consumer prices grew at the fastest annual pace since June 2014 in January. Data indicated that, Britain’s consumer … Continue reading

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EUR/USD: Euro-zone’s economic growth revised lower in the fourth quarter of 2016

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.0577, after gross domestic product (GDP) figures across the Euro-zone disappointed with a weaker than estimated growth. Data showed that the … Continue reading

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AUD/USD: Australia’s NAB business confidence surged to a 3-year high level in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7638. LME Copper prices rose 4.1% or $239.0/MT to $6111.0/MT. Aluminium prices rose 1.0% or $18.5/MT to $1867.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3071. In the Asian session, at GMT0400, the pair is trading at 1.3059, with the USD trading 0.09% lower against the … Continue reading

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USD/CHF: Swiss Franc trading marginally higher in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 1.0055. In economic news, Switzerland’s total sight deposits rose to a level of CHF539.0 billion in the week ended 10 February, … Continue reading

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USD/JPY: Japan’s industrial output revised higher in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 113.76. In the Asian session, at GMT0400, the pair is trading at 113.56, with the USD trading 0.18% lower against the … Continue reading

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GBP/USD: UK’s economic growth set to slow due to Brexit: European Commission

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.32% against the USD and closed at 1.2526. Yesterday, the European Commission (EC) upgraded Britain’s growth forecasts for 2017, but still expects a more severe hit to the … Continue reading

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EUR/USD: European Commission raised Euro-zone’s growth and inflation forecasts

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.0593. Yesterday, the European Commission (EC), in its quarterly economic forecast report, predicted that the Euro-zone’s economic growth is set to … Continue reading

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