GBP/USD: Pound trading on a stronger footing, ahead of BoE’s financial stability report

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.5061. On the economic front, UK’s net consumer credit rose less-than-expected by £1.2 billion in October, against market expectations for it … Continue reading

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EUR/USD: Euro trading tad higher, ahead of Markit manufacturing PMI data for November across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.0570. In economic news, German retail sales unexpectedly declined 0.4% MoM in October, against investor expectations for a rise of 0.4%, … Continue reading

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AUD/USD: Aussie trading on a weaker footing, ahead of Australia’s AiG performance of manufacturing index data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.45% against the USD to close at 0.7191. LME Copper prices declined 0.66% or $31.0/MT to $4636.0/MT. Aluminium prices rose 0.61% or $9.0/MT to $1479.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD to close at 1.3365. In economic news, Canada’s industrial product price index declined more-than-expected by 0.5% MoM in October, against investor expectations for a … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CHF and closed at 1.0294. In the Asian session, at GMT0400, the pair is trading at 1.031, with the USD trading 0.15% higher from Friday’s … Continue reading

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USD/JPY: Japan’s housing starts unexpectedly declined on an annual basis in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 122.82. In the Asian session, at GMT0400, the pair is trading at 122.74, with the USD trading marginally lower from Friday’s … Continue reading

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GBP/USD: UK GDP advanced as expected in 3Q 2015

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.5046. In economic news, the second estimate of UK’s GDP rose as expected by 0.5% QoQ in 3Q 2015, compared to … Continue reading

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EUR/USD: Euro trading lower, ahead of Germany’s flash consumer price inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.0600. In economic news, Euro-zone’s consumer confidence index rose unexpectedly to a level of -5.9 in November, compared to market expectations … Continue reading

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AUD/USD: Aussie trading flat in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.44% against the USD to close at 0.7223. LME Copper prices rose 2.77% or $126.0/MT to $4667.0/MT. Aluminium prices rose 2.94% or $42.0/MT to $1470.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.3296. In the Asian session, at GMT0400, the pair is trading at 1.3304, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Switzerland’s industrial production declined on an annual basis in 3Q 2015

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 1.0237. In economic news, Switzerland’s industrial production fell 5.1% YoY in 3Q 2015, after dropping by a revised 2.1% in the … Continue reading

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