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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CHF and closed at 0.9736. In the Asian session, at GMT0300, the pair is trading at 0.9743, with the USD trading 0.07% higher against the … Continue reading

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USD/JPY: Japanese Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the JPY and closed at 101.17. In the Asian session, at GMT0300, the pair is trading at 101.22, with the USD trading marginally higher against the … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.3020. On the data front, UK’s RICS house price balance declined to its lowest level since April 2013, after rose 5.0% … Continue reading

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EUR/USD: Euro trading on a weaker footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.1184. In economic news, data suggested that industrial production in France unexpectedly fell by 0.8% on a monthly basis in June, … Continue reading

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GBP/USD: UK’s economy expanded at a slower pace following Brexit vote: NIESR

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.23% against the USD and closed at 1.3003, after UK’s leading think tanker, NIESR estimated that UK’s economy grew at a slower pace of 0.3% in the three … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.1113. Macroeconomic data indicated that Germany’s trade surplus widened to a level of €24.9 billion in June, compared to market expectations … Continue reading

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AUD/USD: Monetary policy alone cannot revive the nation’s economic growth: RBA Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7666. LME Copper prices declined 0.35% or $17.0/MT to $4779.0/MT. Aluminium prices declined 1.16% or $19.0/MT to $1626.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.3114. In economic news, Canada’s housing starts dropped to a level of 198.4K in July, indicating a slowdown in nation’s housing … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9811. Macroeconomic data indicated that, the seasonally adjusted unemployment rate in Switzerland remained steady at a level of 3.3% in July, … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the JPY and closed at 101.90. On the data front, Japan’s preliminary machine tool orders dropped by 19.6% on an annual basis in July, following a … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1080. In economic news, data indicated that Eurozone’s Sentix investor confidence index rose to a level of 4.2 in August, highlighting … Continue reading

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