USD/JPY: Japan’s unemployment rate touched a two-decade low, but household spending slumped in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 122.61. In the Asian session, at GMT0400, the pair is trading at 122.61, with the USD trading flat from yesterday’s close. … Continue reading

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GBP/USD: Britain’s consumer confidence dropped to a six-month low in November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.16% against the USD and closed at 1.5102. In the Asian session, at GMT0400, the pair is trading at 1.5095, with the GBP trading marginally lower from yesterday’s … Continue reading

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EUR/USD: Euro trading on a stronger footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0606 as traders continued to speculate of further monetary easing by the ECB. In economic news, Euro-zone’s private sector loans advanced … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.12% against the USD to close at 0.7255. LME Copper prices rose 0.31% or $14.0/MT to $4541.0/MT. Aluminium prices declined 0.31% or $4.5/MT to $1428.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3293. In the Asian session, at GMT0400, the pair is trading at 1.329, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s Q3 industrial production data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CHF and closed at 1.0218. In economic news, Switzerland’s UBS consumption indicator advanced to a level of 1.6 in October, compared to a revised reading … Continue reading

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USD/JPY: Japanese Yen trading tad higher, ahead of Japan’s national consumer price inflation data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 122.70. In the Asian session, at GMT0400, the pair is trading at 122.62, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: UK’s GDP forecast revised upwards for 2016 and 2017

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5126, after UK’s BBA mortgage approvals climbed in October from September. Data showed that Britain’s BBA mortgage approvals advanced to a … Continue reading

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EUR/USD: Euro trading tad higher, ahead of Germany’s Gfk consumer confidence survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.0621, languishing at a 7-month low level as traders speculated that the ECB would opt for fresh stimulus measures. Yesterday, the … Continue reading

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AUD/USD: Aussie extends its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.99% against the USD to close at 0.7264, after the RBA Governor expressed optimism over Australia’s economic outlook. Yesterday, RBA Governor, Glenn Stevens, sounded upbeat about the Australian … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.3304. Yesterday, the BoC’s Deputy Governor, Lynn Patterson, stated that growth in the Canadian economy is picking up above potential, boosted … Continue reading

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