USD/JPY: Japan’s final industrial production fell on a monthly basis in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.20% against the JPY and closed at 116.73. In the Asian session, at GMT0400, the pair is trading at 117.27, with the USD trading 0.46% higher from Friday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s Rightmove house price index advanced on a monthly basis in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.94% against the USD and closed at 1.4280, following the release of dismal UK construction output data. Data showed that seasonally adjusted construction output in the UK surprisingly … Continue reading

Posted in GBP/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.0956. In economic news, the Euro-zone’s seasonally adjusted trade balance rose more than expected to a level of €22.7 billion in … Continue reading

Posted in EUR/USD | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.44% against the USD and closed at 0.6990. LME Copper prices declined 0.33% or $14.5/MT to $4365.5/MT. Aluminium prices rose 1.72% or $25.0/MT to $1478.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower, ahead of Canada’s existing homes sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.4356. In economic news, Canada’s new housing price index rose by 0.2% MoM in November, in line with market expectation, following … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 1.0052. In the Asian session, at GMT0400, the pair is trading at 1.0042, with the USD trading 0.11% lower from yesterday’s … Continue reading

Posted in USD/CHF | Comments Off

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.45% against the JPY and closed at 118.15. In economic news, Japan’s preliminary machine tool orders dropped further by 25.8% YoY in December, following a decline of 17.7% … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: BoE voted 8-1 to hold key interest rate steady at 0.5%

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.4416. Yesterday, the BoE kept benchmark interest rate unchanged at a historic low of 0.5% over fears that Britain’s economy remains … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher, ahead of Euro-zone’s trade balance data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.0865. In economic news, Germany’s non-seasonally adjusted GDP grew at its fastest pace since 2011 by 1.7% on YoY basis in … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s unemployment rate held steady at 5.8% in December

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.29% against the USD to close at 0.6960. LME Copper prices rose 0.57% or $25.0 /MT to $4380.0 /MT. Aluminium prices declined 0.27% or $4.0 /MT to $1453.0 … Continue reading

Posted in AUD/USD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.4342. In economic news, Canada’s Teranet/National Bank house price index declined 0.1% MoM in December, following a rise of 0.2% in … Continue reading

Posted in USD/CAD | Comments Off