EUR/USD: Euro trading slightly lower, ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1411. In economic news, Italy’s seasonally adjusted industrial production declined less-than-expected by 0.6% MoM in February, compared to a revised rise … Continue reading

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AUD/USD: Australian home loan approvals rebounded in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.7553. LME Copper prices declined 1.29% or $61.0 /MT to $4654.0 /MT. Aluminium prices rose 0.47% or $7.0 /MT to $1492.0 … Continue reading

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USD/CAD: Canada’s unemployment rate declined to 7.1% in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.10% against the CAD to close at 1.3000. The CAD gained ground, after Canada’s unemployment rate surprisingly fell to 7.1% in March, from a three-year high level of … Continue reading

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USD/CHF: Swiss CPI rose on a monthly basis in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9536. The Swiss Franc strengthened, after Switzerland’s consumer price index (CPI) advanced in line with investor expectations by 0.3% MoM in … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 108.19. In economic news, Japan’s Eco Watchers survey for future outlook fell unexpectedly to a level of 46.7 in March, compared … Continue reading

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GBP/USD: Britain’s industrial production plunged in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.53% against the USD and closed at 1.4129. In economic news, UK’s manufacturing production declined more-than-expected by 1.1% MoM in February, raising fears over the performance of the … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1400. In economic news, Germany’s trade surplus widened to a level of €20.3 billion in February, compared to market expectations of … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.19% against the USD to close at 0.7511. In economic news, Australia’s foreign exchange reserves rose to A$64.3 billion in March. In the prior month, foreign exchange reserves … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.3144. In economic news, Canadian building permits rebounded above expectations by 15.5% MoM, in February, its largest monthly increase in over … Continue reading

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USD/CHF: Swiss Franc trading tad lower, ahead of Switzerland’s consumer price inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9563. In economic news, Switzerland’s foreign currency reserves advanced to a level of CHF575.8 billion in March, after recording a revised … Continue reading

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USD/JPY: Japanese Yen trading lower, ahead of Japan’s consumer confidence index data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.26% against the JPY and closed at 108.34. In the Asian session, at GMT0300, the pair is trading at 108.58, with the USD trading 0.22% higher from yesterday’s … Continue reading

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