AUD/USD: Aussie trading on a stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.47% against the USD to close at 0.7183. LME Copper prices rose 0.22% or $11.5/MT to $5149.0/MT. Aluminium prices rose 1.24% or $18.0/MT to $1470.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD to close at 1.3065, after US factory orders weakened more than anticipated in September. In the Asian session, at GMT0400, the pair is trading … Continue reading

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USD/CHF: Swiss Franc trading tad lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9910. Yesterday, Chairman of the Swiss National Bank, Thomas Jordan, stated that the Swiss Franc remains “significantly overvalued” and that the … Continue reading

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USD/JPY: Japan’s service sector expanded in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 121.06. In the Asian session, at GMT0400, the pair is trading at 121.2, with the USD trading 0.12% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading tad higher, ahead of UK’s Markit services PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5420. In economic news, UK’s Markit construction PMI declined to a level of 58.8 in October, in line with expectations, and … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.0965, after the ECB President Mario Draghi reiterated the dovish statements he made in October. The ECB President repeated his stance … Continue reading

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AUD/USD: RBA kept official interest rate unchanged at 2.0%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.25% against the USD to close at 0.7149. LME Copper prices rose 0.04% or $2.0/MT to $5137.5/MT. Aluminium prices rose 0.31% or $4.5/MT to $1452.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s October manufacturing PMI disappoints

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.3096. The CAD weakened, after the nation’s manufacturing activity slid for the third consecutive month. Data showed that Canada’s RBC manufacturing … 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 marginally against the CHF and closed at 0.9874. In economic news, Switzerland’s real retail sales rose 0.2% YoY in September, increasing for the first time in three months, … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 120.75. In economic news, Japan’s vehicle sales rose 0.2% YoY in October, after recording a drop of 3.0% in the previous … Continue reading

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GBP/USD: Britain’s manufacturing PMI in October touched 16-month high

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.13% against the USD and closed at 1.5417. In economic news, UK’s Markit manufacturing PMI advanced unexpectedly to a level of 55.5 in October, recording its fastest growth … Continue reading

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