EUR/USD: German trade surplus contracted in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0652. On the economic data front, Germany’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €18.7 billion in December, … Continue reading

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AUD/USD: Australia’s HIA new home sales rose for a second consecutive month in December

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.7639. LME Copper prices rose 1.1% or $63.0/MT to $5865.0/MT. Aluminium prices rose 0.7% or $12.0/MT to $1821.0/MT. In the Asian … Continue reading

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USD/CAD: Canadian housing starts surprisingly advanced in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3138. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts unexpectedly climbed to a level of 207.4K in January, indicating that … Continue reading

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USD/CHF: Swiss Franc trading marginally lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9943. In the Asian session, at GMT0400, the pair is trading at 0.9948, with the USD trading a tad higher against … Continue reading

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USD/JPY: Japan’s machinery orders rebounded in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the JPY and closed at 111.82. In the Asian session, at GMT0400, the pair is trading at 112.09, with the USD trading 0.24% higher against the … Continue reading

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GBP/USD: UK’s RICS house price surprisingly advanced in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.2537. UK’s lower house of Parliament passed legislation to allow the British Prime Minister, Theresa May’s government to officially begin the … Continue reading

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EUR/USD: Euro trading lower, ahead of Germany’s trade balance data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.0694. In the US, data revealed that MBA mortgage applications rebounded 2.3% in the week ended 03 February 2017, following a … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.43% against the USD and closed at 0.7622. LME Copper prices rose 0.3% or $16.0/MT to $5802.0/MT. Aluminium prices declined 0.2% or $3.0/MT to $1809.0/MT. In the Asian … Continue reading

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USD/CAD: Canadian building permits plummeted to a nearly one-year low level in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD and closed at 1.3182. The Canadian Dollar lost ground, after Canada’s building permits dropped more-than-estimated by 6.6% MoM in December, hitting its lowest level … Continue reading

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USD/CHF: Swiss SECO consumer confidence highest since July 2014 during three months to January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.68% against the CHF and closed at 0.9972. Macroeconomic data indicated that Switzerland’s SECO consumer confidence index improved to a level of -3.0 in the three months to … Continue reading

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USD/JPY: BoJ highlights positive economic developments, but warns on inflation expectations

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 112.31. In the Asian session, at GMT0400, the pair is trading at 112.04, with the USD trading 0.24% lower against the … Continue reading

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