USD/JPY: Japan’s industrial production data remains unchanged in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.68% against the JPY and closed at 120.82. In the Asian session, at GMT0400, the pair is trading at 121.17, with the USD trading 0.29% higher from Friday’s … Continue reading

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GBP/USD: Pound reverses its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.5215. In economic news, UK’s construction output edged up less-than-anticipated by 0.2% MoM in October, after remaining flat in the previous … Continue reading

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EUR/USD: Euro trading lower, ahead of Eurozone’s industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.0996, after Germany’s final consumer price inflation advanced as expected by 0.1% on a monthly basis in November. In the US, … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.53% against the USD to close at 0.7267. LME Copper prices declined 1.04% or $48.0/MT to $4572.0/MT. Aluminium prices declined 1.00% or $15.0/MT to $1479.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.3636. In economic news, Canada’s new housing price index rose more-than-anticipated by 0.3% MoM in October, against investor expectations for it … Continue reading

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USD/CHF: SNB maintains key interest rate at -0.75%

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CHF and closed at 0.9883. Yesterday, the SNB kept benchmark interest rate steady at -0.75%, meeting market expectations, in a bid to prevent the “overvalued” … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 121.65. In the Asian session, at GMT0400, the pair is trading at 122.14, with the USD trading 0.41% higher from yesterday’s … Continue reading

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GBP/USD: BoE held key interest rate at 0.5%

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5157, after the BoE expressed concerns over UK’s inflation and wage growth. Yesterday, The BoE left the benchmark interest rate unchanged … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.0942. In economic news, the French EU normalized consumer price inflation unexpectedly declined 0.2% MoM in November, against market expectations for … Continue reading

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AUD/USD: Australia’s unemployment rate hit a 19-month low level in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.7228. LME Copper prices rose 1.15% or $52.5/MT to $4620.0/MT. Aluminium prices rose 2.19% or $32.0/MT to $1494.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.3569. In the Asian session, at GMT0400, the pair is trading at 1.3553, with the USD trading 0.12% lower from yesterday’s … Continue reading

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