USD/CHF: Swiss Franc trading tad higher in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9882. In economic news, Switzerland’s total sight deposits inched down to a level of CHF468.3 billion, from CHF468.4 billion in the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 120.36. Yesterday, the BoJ board member, Yukitoshi Funo, assured that Japan is on track to meet the central bank’s 2.0% inflation … Continue reading

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GBP/USD: Pound trading on a stronger footing in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.4883. In the Asian session, at GMT0400, the pair is trading at 1.4905, with the GBP trading 0.15% higher from yesterday’s … Continue reading

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EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.0970. In the US, the Dallas Fed manufacturing business index declined more-than-expected to a level of -20.1 in December, its lowest … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD remained flat against the USD to close at 0.7232. In economic news, Australia’s CB leading indicator dropped 0.1% in October, after dipping by a revised 0.3% in the preceding … Continue reading

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USD/CAD: Canada’s GDP stagnated in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.3856. In economic news, the Canadian economy remained stagnant in October, compared to expectations of a 0.2% growth, raising expectations that … Continue reading

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USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9909. On the macro front, the KOF economic barometer in Switzerland recorded an unexpected drop to a level of 96.6 in … Continue reading

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USD/JPY: BoJ minutes indicate moderate economic recovery continues

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.09% against the JPY and closed at 120.94. In the Asian session, at GMT0400, the pair is trading at 120.68, with the USD trading 0.21% lower from yesterday’s … Continue reading

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GBP/USD: UK GDP growth revised downwards

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.4871. However, gains in Pound were kept in check, after UK’s GDP growth was revised downwards to 0.4% on a quarterly … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0906. In economic news, the French final GDP rose 0.3% in 3Q15 on a quarterly basis, at par with market expectations, … Continue reading

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AUD/USD: Aussie trading marginally stronger this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.65% against the USD to close at 0.7232. LME Copper prices declined 0.39% or $18.5/MT to $4672.5/MT. Aluminium prices rose 0.53% or $8.0/MT to $1518.0/MT. In the Asian … Continue reading

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