USD/CAD: Canada’s consumer price inflation rebounded on a monthly basis in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.3332. In economic news, Canada’s consumer price index rose as expected by 0.1% MoM in October, after recording a drop of … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CHF and closed at 1.0195. In the Asian session, at GMT0400, the pair is trading at 1.0205, with the USD trading 0.1% higher from Friday’s … Continue reading

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USD/JPY: Japanese Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 122.84. On Friday, BoJ board member, Sayuri Shirai, indicated that Japan’s inflation rate is expected to rise in the near future, … Continue reading

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GBP/USD: Pound trading lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.63% against the USD and closed at 1.5193, after UK’s public sector net borrowing rose more-than-anticipated in October. Data showed that Britain’s public sector net borrowing recorded a … Continue reading

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EUR/USD: Euro trading lower, ahead of flash Markit manufacturing and services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.80% against the USD and closed at 1.0646, following dovish comments by the ECB President, Mario Draghi. The ECB Chief reiterated that the central bank will not hesitate … Continue reading

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AUD/USD: Aussie trading tad higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.14% against the USD to close at 0.7192. Yesterday, the RBA’s Head of economic analysis, Alex Heath, stated that the decline in the value of the Australian dollar … Continue reading

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USD/CAD: Loonie trading tad lower, ahead of Canada’s October consumer price inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.3293. In economic news, Canada’s wholesale sales unexpectedly declined 0.1% MoM in September, against market expectations for a 0.2% increase. In … 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 0.62% against the CHF and closed at 1.0133. In economic news, Switzerland recorded a trade surplus of CHF4.2 billion, against market expectations for a rise to CHF3.4 billion … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.53% against the JPY and closed at 122.92. Yesterday, the BoJ Governor, Haruhiko Kuroda, downplayed concerns about the nation’s third quarter contraction and stated that the nation’s business … Continue reading

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GBP/USD: UK retail sales declined on a monthly basis in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.5289. In economic news, UK’s retail sales fell more-than-expected by 0.6% MoM in October, after recording a 1.7% rise in the … Continue reading

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EUR/USD: Euro trading lower, ahead of the ECB chief’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.0732. Yesterday, the ECB in its accounts of the late October meeting, indicated that the central bank officials were concerned that … Continue reading

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