USD/CAD: Loonie trading tad lower, ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.01% against the CAD to close at 1.3508. In the Asian session, at GMT0400, the pair is trading at 1.3516, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 1.0006. In economic news, Switzerland’s foreign currency reserves reached an all-time high of CHF562.7 billion in November, from a revised level … Continue reading

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USD/JPY: Japanese GDP revised from recession to growth in 3Q 2015

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 123.39. In the Asian session, at GMT0400, the pair is trading at 123.14, with the USD trading 0.2% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading on a weaker footing, ahead of UK’s NIESR GDP estimate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.41% against the USD and closed at 1.5047. In the Asian session, at GMT0400, the pair is trading at 1.5045, with the GBP trading marginally lower from yesterday’s … Continue reading

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EUR/USD: Euro trading higher, ahead of Euro-zone’s flash Q3 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.40% against the USD and closed at 1.0833, after Germany’s industrial production advanced less-than-expected in October. Data showed that German industrial production rebounded after two months of declines … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.7343. LME Copper prices rose 2.48% or $112.0/MT to $4637.0/MT. Aluminium prices rose 2.77% or $40.5/MT to $1503.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s unemployment rate rises to 7.1% in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.3387. The CAD weakened, after Canada’s unemployment rate unexpectedly rose to 7.1% in November, from prior month’s level of 7.0%. Also, … Continue reading

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USD/CHF: Swiss CPI unexpectedly declined on a monthly basis in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 1.0010. The Swiss Franc came under pressure, after Switzerland’s consumer price inflation surprisingly fell 0.1% MoM in November, after rising by … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing, ahead of Japan’s final Q3 GDP data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.45% against the JPY and closed at 123.22. In the Asian session, at GMT0400, the pair is trading at 123.27, with the USD trading marginally higher from Friday’s … Continue reading

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GBP/USD: Pound trading tad lower, ahead of the BoE Governor’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.5099. In the Asian session, at GMT0400, the pair is trading at 1.5098, with the GBP trading marginally lower from Friday’s … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.61% against the USD and closed at 1.0863. In economic news, German factory orders rose more-than-expected by 1.8% MoM in October, advancing for the first time in four … Continue reading

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