USD/JPY: Japan’s National CPI remained negative for sixth consecutive month in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 101.18. Yesterday, the BoJ Governor, Haruhiko Kuroda, stated that the BoJ will pursue the most appropriate yield curve to achieve its … Continue reading

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GBP/USD: UK’s mortgage approvals plunged to the lowest level in nearly two-years in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.2968, after the number of mortgage approvals for house purchases in the UK eased to a level of 60.1K in August, … Continue reading

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EUR/USD: German inflation surprisingly advanced in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose slightly against the USD and closed at 1.1221, after Germany’s preliminary consumer price index unexpectedly advanced by 0.1% on a monthly basis in September, indicating that the European … Continue reading

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AUD/USD: Aussie trading marginally higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.31% against the USD and closed at 0.7690. LME Copper prices rose 0.68% or $32.5/MT to $4807.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1648.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.02% against the CAD and closed at 1.3066. In the Asian session, at GMT0300, the pair is trading at 1.3067, with the USD trading marginally higher against the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.02% against the CHF and closed at 0.9706. On the economic front, Switzerland’s UBS consumption indicator advanced to a level of 1.53 in August, compared to a revised … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing, ahead of the BoJ Governor’s speech

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the JPY and closed at 100.80. On the data front, Japan’s small business confidence index rose to a level of 47.7 in September, beating market expectations … Continue reading

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GBP/USD: Pound trading a tad higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly against the USD and closed at 1.3018. In the Asian session, at GMT0300, the pair is trading at 1.3025, with the GBP trading marginally higher against the … Continue reading

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EUR/USD: Draghi defends ECB’s ultra-loose monetary policy before German lawmakers

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR remained flat against the USD and closed at 1.1215. Yesterday, the European Central Bank (ECB) President, Mario Draghi, at a hearing at the Bundestag, shrugged off criticism that the … Continue reading

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USD/CHF: Swiss Franc extends its losses, ahead of the UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CHF and closed at 0.9704. In the Asian session, at GMT0300, the pair is trading at 0.9713, with the USD trading 0.09% higher against the … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.45% against the USD and closed at 0.7666. LME Copper prices declined 0.4% or $19.0/MT to $4775.0/MT. Aluminium prices rose 1.7% or $28.0/MT to $1648.0/MT. In the Asian … Continue reading

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