AUD/USD: Aussie retail sales surpassed expectations in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.44% against the USD to close at 0.7333. LME Copper prices declined 1.39% or $64.0/MT to $4525.0/MT. Aluminium prices rose 0.17% or $2.5/MT to $1462.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3347. In the Asian session, at GMT0400, the pair is trading at 1.3355, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading tad lower, ahead of Switzerland’s CPI data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.60% against the CHF and closed at 0.9930. In the Asian session, at GMT0400, the pair is trading at 0.9925, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/JPY: Japanese consumer confidence increased in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.51% against the JPY and closed at 122.66. Yesterday, BoJ board member, Takahide Kiuchi, indicated that the central bank’s targeted 2.0% inflation is unlikely to be achieved due … Continue reading

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GBP/USD: UK services PMI rose to a 4-month high in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.30% against the USD and closed at 1.5139, after UK’s Markit services PMI notched its highest level since July 2015. Data showed that Britain’s services PMI advanced more-than-expected … Continue reading

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EUR/USD: Euro trading flat in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR surged 3.03% against the USD and closed at 1.0930, after the ECB’s decision did not match traders’ expectations for stimulus measures. The ECB slashed its deposit rate further into … Continue reading

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AUD/USD: Australia’s new home sales declined and trade deficit widened in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.34% against the USD to close at 0.7300. LME Copper prices declined 0.65% or $30.0/MT to $4589.0/MT. Aluminium prices rose 1.25% or $18.0/MT to $1460.0/MT. In economic news, … Continue reading

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USD/CAD: BoC held key interest rate steady at 0.5%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3351. The BoC left its benchmark interest rates unchanged at 0.5%, as widely expected, as the country continues to grapple with … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CHF and closed at 1.0195. In the Asian session, at GMT0400, the pair is trading at 1.0204, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japan’s Markit services PMI declined in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.31% against the JPY and closed at 123.29. In the Asian session, at GMT0400, the pair is trading at 123.33, with the USD trading marginally higher from yesterday’s … Continue reading

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GBP/USD: UK’s construction PMI plunged to 7-month low in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.86% against the USD and closed at 1.4946. In economic news, UK’s Markit construction PMI dropped to a 7-month low level of 55.3 in November, compared to a … Continue reading

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