GBP/USD: Pound trading on a stronger footing, ahead of UK’s Markit manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.4666. On Friday, data showed that UK’s mortgage approvals unexpectedly declined to a four-month low level of 71.4K in March, weighed … 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 0.62% against the USD and closed at 1.1527. In economic news, the Euro-zone’s final Markit manufacturing PMI unexpectedly rose to a level of 51.7 in April, compared to … Continue reading

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AUD/USD: Aussie trading on a stronger footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.32% against the USD to close at 0.7627. LME Copper prices declined 0.40% or $19.5/MT to $4912.5/MT. Aluminium prices rose 0.40% or $6.5/MT to $1649.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CAD to close at 1.2553, after the US economic growth rose less than expected in the first three months of the year In the Asian … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CHF and closed at 0.9670. In the Asian session, at GMT0300, the pair is trading at 0.9646, with the USD trading 0.24% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 3.06% against the JPY and closed at 108.10. In economic news, Japan’s housing starts unexpectedly accelerated by 8.4% YoY in March, its steepest rise since August 2015, against … Continue reading

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GBP/USD: British consumer confidence weakened in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.4608. In economic news, UK’s seasonally adjusted Nationwide housing price index advanced less-than-expected by 0.2% MoM in April, its weakest rise … Continue reading

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s flash consumer price index data for April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1353. In economic news, Germany’s seasonally adjusted unemployment rate held steady at an all-time low level of 6.2% in April, in … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.87% against the USD to close at 0.7603. LME Copper prices declined 0.07% or $3.5/MT to $4932.0/MT. Aluminium prices rose 0.64% or $10.5/MT to $1642.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2588. In the Asian session, at GMT0300, the pair is trading at 1.2598, with the USD trading 0.08% higher from yesterday’s … Continue reading

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USD/CHF: Swiss UBS consumption indicator edged higher in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9709. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator advanced to a level of 1.51 in March, following a … Continue reading

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