USD/JPY: Japanese Yen trading higher in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the JPY and closed at 110.96. In the Asian session, at GMT0400, the pair is trading at 110.19, with the USD trading 0.69% lower against the … Continue reading

Posted in USD/JPY | Comments Off

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 12.15% against the USD and closed at 1.1445. The Bank of England (BoE), in its monetary policy meeting, slashed its benchmark interest rate by 15bps to 0.1%, in … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s construction output climbed more than expected in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.85% against the USD and closed at 1.0668. On the macro front, Euro-zone’s seasonally adjusted construction output rose 3.6% on a monthly basis in January, surpassing market forecast … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s unemployment rate unexpectedly declined in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 15.89% against the USD and closed at 0.5807. In the Asian session, at GMT0400, the pair is trading at 0.5569, with the AUD trading 4.10% lower against the … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s consumer price inflation slowed in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 10.93% against the CAD and closed at 1.4468. On the data front, Canada’s consumer price index rose 2.2% on a yearly basis in February, surpassing market expectations for … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9641. In the Asian session, at GMT0400, the pair is trading at 0.9697, with the USD trading 0.58% higher against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s national consumer price index rose in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.90% against the JPY and closed at 108.06. In the Asian session, at GMT0400, the pair is trading at 109.33, with the USD trading 1.18% higher against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: British Pound extends its losses in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 10.49% against the USD and closed at 1.1661. In the Asian session, at GMT0400, the pair is trading at 1.1502, with the GBP trading 1.36% lower against the … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s consumer price inflation slowed as initially estimated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.0981. On the macro front, Euro-zone’s seasonally adjusted trade surplus narrowed to €17.3 billion in January, compared to a revised trade … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Aussie reverses its losses in morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 13.18% against the USD and closed at 0.5994. LME Copper prices declined 0.1% or $6.0/MT to $5,205.0/MT. Aluminium prices fell 0.8% or $12.5/MT to $1,628.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie reverses its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 9.16% against the CAD and closed at 1.4237. On the data front, Canada’s manufacturing sales dropped 0.2% on a monthly basis in January, less than market expectations for … Continue reading

Posted in USD/CAD | Comments Off