USD/CAD: Canada’s manufacturing sales rose in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.61% against the CAD and closed at 1.4034. On the data front, Canada’s manufacturing sales unexpectedly rose 0.5% on a monthly basis in February, defying market forecast for … Continue reading

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USD/CHF: Switzerland’s producer and import prices fell in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9691. On the data front, Switzerland’s producer and import prices fell 2.7% on an annual basis in March, driven by lower … Continue reading

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USD/JPY: Japan’s industrial output fell in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.96% against the JPY and closed at 107.99. In the Asian session, at GMT0300, the pair is trading at 107.67, with the USD trading 0.30% lower against the … Continue reading

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GBP/USD: British Pound reverses its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.16% against the USD and closed at 1.2486, after the UK government extended its lockdown for a further three weeks. In the Asian session, at GMT0300, the pair … Continue reading

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EUR/USD: Euro-zone’s industrial production marginally fell in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0860. On the macro front, Euro-zone’s seasonally adjusted industrial production dropped 0.1% on a monthly basis in February, less than market … Continue reading

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AUD/USD: Australia’s unemployment rate climbed in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 8.60% against the USD and closed at 0.6310. LME Copper prices declined 1.3% or $64.5/MT to $5,054.5/MT. Aluminium prices rose 0.9% or $13.5/MT to $1,469.5/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 8.26% against the CAD and closed at 1.4119. The Bank of Canada, in its interest rate decision, maintained its interest rate at 0.25%, as widely expected. Additionally, the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9653. In the Asian session, at GMT0300, the pair is trading at 0.9669, with the USD trading 0.17% higher against the … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.44% against the JPY and closed at 107.46. In the Asian session, at GMT0300, the pair is trading at 107.83, with the USD trading 0.34% higher against the … Continue reading

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GBP/USD: UK’s retail sales fell at its fastest pace in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.91% against the USD and closed at 1.2518. In the Asian session, at GMT0300, the pair is trading at 1.2482, with the GBP trading 0.29% lower against the … Continue reading

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EUR/USD: Euro extends its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.0902. On the macro front, US MBA mortgage applications advanced 7.3% in the week ended 10 April 2020. In the previous … Continue reading

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