USD/CHF: Swiss industrial production rebounded in 1Q 2016

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9890. In economic news, Switzerland’s industrial production advanced for the first time in more than a year by 1.0% YoY in … Continue reading

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USD/JPY: Japan’s consumer prices drop for the second straight month in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 109.68. In the Asian session, at GMT0300, the pair is trading at 109.89, with the USD trading 0.19% higher from yesterday’s … Continue reading

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GBP/USD: UK GDP rose as expected in 1Q 2016

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.4661. In economic news, the second estimate of UK’s gross domestic product (GDP) advanced in line with market expectations by 0.4% … Continue reading

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EUR/USD: Euro trading on a weaker footing in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.1190. In economic news, seasonally adjusted Italian retail sales unexpectedly declined by 0.6% MoM in March, from 0.3% in the preceding … Continue reading

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AUD/USD: Aussie trading on a firmer footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.7188. LME Copper prices declined 0.02% or $1.0 /MT to $4636.0 /MT. Aluminium prices declined 0.90% or $14.0 /MT to $1539.0 … Continue reading

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USD/CAD: BoC leaves interest rate unchanged at 0.5%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CAD to close at 1.3029. The Canadian dollar gained ground after the Bank of Canada (BoC) held its benchmark interest rate steady at 0.5%, as … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s Q1 industrial production data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 0.9915. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator advanced to a level of 1.47 in April, driven by … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 110.15. In the Asian session, at GMT0300, the pair is trading at 109.61, with the USD trading 0.49% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading tad higher, ahead of Britain’s Q1 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.4696. In the Asian session, at GMT0300, the pair is trading at 1.4702, with the GBP trading marginally higher from yesterday’s … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1155, following the release of optimistic reports from Germany, the Euro-zone’s largest economy. Data showed that Germany’s GfK consumer confidence index … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.66% against the USD to close at 0.7176. Yesterday, in China, Australia’s largest trading partner, data showed that the nation’s CB leading economic index advanced 0.1% in April, … Continue reading

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