USD/CAD: Loonie trading flat, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.3165. In economic news, Canada’s Ivey purchasing managers index declined unexpectedly to a level of 53.1 in October, reaching its lowest … Continue reading

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USD/CHF: Switzerland’s CPI advanced on a monthly basis in October

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9955. In economic news, Switzerland’s consumer price index registered an unexpected rise of 0.1% MoM in October, marking its second consecutive … Continue reading

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USD/JPY: Japan’s preliminary leading and coincident indices declined in September

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 121.72. In the Asian session, at GMT0400, the pair is trading at 121.66, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: BoE held benchmark interest rate steady at 0.5%

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.16% against the USD and closed at 1.5210. Yesterday, The BoE Governor, Mark Carney, indicated that UK’s benchmark interest rates will stay low for a longer period. The … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.0882. In economic news, German factory orders fell for the third consecutive month by 1.7% MoM in September, after declining by … Continue reading

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AUD/USD: Aussie trading higher, ahead of the RBA’s monetary policy statement

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.53% against the USD to close at 0.7145. LME Copper prices rose 0.32% or $16.5/MT to $5165.5/MT. Aluminium prices rose 0.17% or $2.5/MT to $1472.5/MT. Yesterday, the RBA … Continue reading

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USD/CAD: Loonie trading tad lower, ahead of Canada’s Ivey purchasing managers index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD to close at 1.3150. In economic news, Canada’s international merchandise trade deficit narrowed more than market forecasts to C$1.7 billion in September, mainly led … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9934. In economic news, Switzerland’s UBS real estate bubble index marginally rose to a level of 1.38 points in 3Q 2015, … Continue reading

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USD/JPY: Japan’s economic recovery on track, revealed the BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.39% against the JPY and closed at 121.53. In the Asian session, at GMT0400, the pair is trading at 121.49, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: Pound trading on a weaker footing, ahead of BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.5389. In economic news, UK’s Markit services PMI rose more-than-expected to a level of 54.9 in October, from a reading of … Continue reading

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EUR/USD: Euro trading tad higher, ahead of ECB’s economic growth forecasts

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.90% against the USD and closed at 1.0866. Macroeconomic data showed that Euro-zone’s final Markit services PMI advanced to a level of 54.1 in October, from a reading … Continue reading

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