GBP/USD: British consumer confidence slips to a four-month low in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.5318. In economic news, UK’s net consumer credit recorded a rise of £1.3 billion in September, compared to an upwardly revised … Continue reading

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EUR/USD: Euro trading lower, ahead of Euro-zone’s CPI data for October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.53% against the USD and closed at 1.0985. Macroeconomic data showed that Germany’s unemployment rate remained unchanged at 6.4% in October, as expected. Additionally, the nation’s consumer price … Continue reading

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AUD/USD: Australia’s new home sales slid in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.30% against the USD to close at 0.7101. LME Copper prices declined 0.78% or $40.5/MT to $5179.0/MT. Aluminium prices declined 1.38% or $20.0/MT to $1434.0/MT. Yesterday, in China, … Continue reading

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USD/CAD: Loonie reverses its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD to close at 1.3196. In the Asian session, at GMT0400, the pair is trading at 1.3209, with the USD trading 0.1% higher from yesterday’s … 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 0.70% against the CHF and closed at 0.9938. In the Asian session, at GMT0400, the pair is trading at 0.994, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading higher, ahead of Japan’s national CPI data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.59% against the JPY and closed at 121.11. In the Asian session, at GMT0400, the pair is trading at 120.68, with the USD trading 0.35% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading tad lower, ahead of Britain’s consumer credit data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.25% against the USD and closed at 1.5271. In the Asian session, at GMT0400, the pair is trading at 1.5261, with the GBP trading marginally lower from yesterday’s … Continue reading

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EUR/USD: Euro trading on a weaker footing, ahead of Germany’s unemployment rate data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.00% against the USD and closed at 1.0927, after Germany’s GfK consumer confidence index weakened in November. Data showed that Germany’s Gfk consumer confidence index dropped 0.2 points … Continue reading

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AUD/USD: Australia’s inflation rose less than expected

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.71% against the USD to close at 0.7194. LME Copper prices declined 0.26% or $13.5/MT to $5219.5/MT. Aluminium prices declined 0.95% or $14.0/MT to $1454.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading flat in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.83% against the CAD to close at 1.3271. Yesterday, the Deputy Governor of BoC, Timothy Lane, announced that the central bank might opt for certain alternative inflation measures … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CHF and closed at 0.9869. In economic news, Switzerland’s UBS consumption indicator slightly edged up to 1.65 points in September, from an upwardly revised 1.64 … Continue reading

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