USD/CAD: Loonie trading lower, ahead of Canada’s new house price index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD and closed at 1.3929. In the Asian session, at GMT0400, the pair is trading at 1.3944, with the USD trading 0.1% higher from yesterday’s … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9736. In the Asian session, at GMT0400, the pair is trading at 0.9722, with the USD trading 0.14% lower from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.53% against the JPY and closed at 113.43. In the Asian session, at GMT0400, the pair is trading at 112.74, with the USD trading 0.61% lower from yesterday’s … Continue reading

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GBP/USD: UK GDP advanced 0.4% in January 2016 quarter, indicated the NIESR

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.4534. In economic news, NIESR estimated that UK’s GDP advanced 0.4% in the 3-months period ended January 2016, down from a … Continue reading

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EUR/USD: Euro trading higher this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1282, after industrial production in France and Italy surprisingly declined in December, raising concerns about the Eurozone’s economic growth. Data showed … Continue reading

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AUD/USD: Aussie trading on a weaker footing, ahead of Australia’s consumer inflation expectation data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.04% against the USD and closed at 0.7075. LME Copper prices declined 0.92% or $42.0/MT to $4530.5/MT. Aluminium prices declined 0.27% or $4.0/MT to $ 1492.0/MT. In the … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3872. In the Asian session, at GMT0400, the pair is trading at 1.3915, with the USD trading 0.31% higher from yesterday’s … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained unchanged in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.38% against the CHF and closed at 0.9735. In economic news, Switzerland’s seasonally adjusted unemployment rate unexpectedly remained steady at 3.4% in January while markets expected it to … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the JPY and closed at 115.19. On the economic front, Japan’s preliminary estimate of machine tool orders recorded a fall of 17.2% YoY in January, following … Continue reading

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GBP/USD: Pound trading tad higher, ahead of UK’s industrial and manufacturing production data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.4467, after UK’s total trade deficit declined more than anticipated to £2.71 billion, compared to a revised deficit of £4.03 billion … Continue reading

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EUR/USD: Germany’s industrial production fell sharply in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.1290. In economic news, Germany’s seasonally adjusted industrial production surprisingly dropped 1.2% MoM in December, registering its strongest drop since August … Continue reading

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