EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0915. On the macro front, Germany’s seasonally adjusted trade surplus unexpectedly widened to €21.6 billion in February, compared to a revised … 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 9.73% against the USD and closed at 0.6232. LME Copper prices declined 11.5% or $1.8/MT to $4,976.0/MT. Aluminium prices fell 2.3% or $34.0/MT to $1,421.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s housing starts fell less-than-expected in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.48% against the CAD and closed at 1.4018. On the data front, Canada’s seasonally adjusted housing starts dropped to 195.2K in March, less than market forecast for a … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.86% against the CHF and closed at 0.9721. In the Asian session, at GMT0300, the pair is trading at 0.9719, with the USD trading marginally lower against the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.15% against the JPY and closed at 108.88. In the Asian session, at GMT0300, the pair is trading at 108.95, with the USD trading 0.06% higher against the … Continue reading

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GBP/USD: British Pound trading higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.94% against the USD and closed at 1.2385. On the data front, UK’s RICS housing price balance eased to 11.0% in March, compared to a level of 29.0% … Continue reading

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EUR/USD: Euro trading a tad higher in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0858. In the US, MBA mortgage applications dropped 17.9% in the week ended 3 April 2020, compared to a rise of … Continue reading

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AUD/USD: Australia’s central bank kept its interest rate unchanged

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 10.67% against the USD and closed at 0.6167. The Reserve Bank of Australia (RBA), in its interest rate decision, kept its key interest unchanged at 0.25%. However, the … Continue reading

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USD/CAD: Canada’s Ivey PMI plunges more-than-expected in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.41% against the CAD and closed at 1.4008. On the data front, Canada’s seasonally adjusted Ivey Purchasing Managers’ Index (PMI) plunged to 26.0 in March, more than market … 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 0.57% against the CHF and closed at 0.9693. In the Asian session, at GMT0300, the pair is trading at 0.9720, with the USD trading 0.28% 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 1.25% against the JPY and closed at 108.77. On the data front, Japan’s coincident index unexpectedly climbed to 95.8 in February, defying market consensus for a drop to … Continue reading

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