USD/JPY: Japanese Yen trading tad lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.32% against the JPY and closed at 122.82. In economic news, Japan’s flash machine tool orders declined 23.1% YoY in October, after recording a 19.1% drop in the … Continue reading

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GBP/USD: UK’s ILO unemployment rate surprisingly fell during July-September 2015 period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.5216, after UK’s unemployment rate fell to its lowest level since mid-2008 in the three months ended September. Data showed that … Continue reading

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EUR/USD: Euro trading tad higher, ahead of Germany’s inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.0760. In economic news, Germany’s wholesale price index fell 0.4% MoM in October, after registering a drop of 0.6% in the … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence index advanced in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.7029. LME Copper prices declined 1.13% or $56.5/MT to $4933.5/MT. Aluminium prices declined 1.33% or $20.0/MT to $1486.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses 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 1.3280. In the Asian session, at GMT0400, the pair is trading at 1.3244, with the USD trading 0.27% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 1.0065. In economic news, Switzerland’s unemployment rate remained unchanged at 3.4% in October, meeting investor expectations. In the Asian session, at … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 123.22. In the Asian session, at GMT0400, the pair is trading at 122.86, with the USD trading 0.29% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s ILO unemployment rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5122. In the Asian session, at GMT0400, the pair is trading at 1.5172, with the GBP trading 0.33% higher from yesterday’s … Continue reading

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EUR/USD: Euro trading higher, ahead of the ECB President’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.0721. Macroeconomic data showed that the Italy’s industrial production rose less-than-anticipated by 0.2% MoM in September, after declining by 0.5% in … Continue reading

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AUD/USD: Australia’s home loan approvals surprisingly climbed in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.7045. Yesterday, the Organisation for Economic Co-operation and Development (OECD), projected Australian economy to grow by 2.6% in 2016, down from … 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 0.21% against the CAD to close at 1.3277. In economic news, Canada’s housing starts fell to a level of 198.1K in October, dropping at its fastest pace in … Continue reading

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