USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9673. On the data front, Switzerland’s industrial production dropped by 1.2% YoY in 2Q 2016, following a revised advance of 1.2% … Continue reading

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USD/JPY: Japan’s annual inflation fell for the fifth straight month in July

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 100.54. In the Asian session, at GMT0300, the pair is trading at 100.46, with the USD trading 0.08% lower against the … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s Q2 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.3188. In economic news, UK’s CBI quarterly distributive trades survey index advanced to a six-month high level of 9.0 in August, … Continue reading

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EUR/USD: German business sentiment deteriorated to its lowest level in six months in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.1283. Macroeconomic data released in Germany indicated that, the Ifo business climate index unexpectedly fell to a six-month low level of … Continue reading

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AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose marginally against the USD and closed at 0.7612. LME Copper prices declined 1.28% or $60.5/MT to $4658.5/MT. Aluminium prices rose 0.21% or $3.5/MT to $1656.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CAD and closed at 1.2925. In the Asian session, at GMT0300, the pair is trading at 1.2921, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s industrial production data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9665. In the Asian session, at GMT0300, the pair is trading at 0.9663, with the USD trading slightly lower against the … Continue reading

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USD/JPY: Japanese Yen trading a tad higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 100.43. In the Asian session, at GMT0300, the pair is trading at 100.42, with the USD trading marginally lower against the … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.3% against the USD and closed at 1.3233. In economic news, UK’s BBA mortgage approvals fell more-than-anticipated to an 18-month low level of 37.7K in July, compared to … Continue reading

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EUR/USD: German economic growth slowed in the second quarter

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1261. On the economic front, Germany’s seasonally adjusted final gross domestic product (GDP) rose by 0.4% in 2Q 2016, at par … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7611. On the data front, in China, Australia’s largest trading partner, the leading economic index rose 0.70% MoM in July, after … Continue reading

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