USD/JPY: Japanese Yen trading on a stronger footing, ahead of industrial production data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.54% against the JPY and closed at 120.40. In the Asian session, at GMT0400, the pair is trading at 120.35, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: UK economy loses steam in Q3

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5310, after UK’s weak construction and manufacturing sector activity slowed down the nation’s economy in the 3Q of 2015. The flash … Continue reading

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EUR/USD: Euro trading tad lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1038. Yesterday, the ECB’s Governing Council member, Ewald Nowotny, stated that monetary policy alone can’t combat deflation and that active fiscal … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.40% against the USD to close at 0.7246. LME Copper prices declined 1.17% or $62.0/MT to $5233.0/MT. Aluminium prices declined 0.84% or $12.5/MT to $1468.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3161. In the Asian session, at GMT0400, the pair is trading at 1.3169, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9827. The Swiss Franc weakened after Vice President of the Swiss National Bank, Fritz Zurbruegg, stated that the Swiss Franc still … Continue reading

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USD/JPY: Japanese Yen extends its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.28% against the JPY and closed at 121.05. In the Asian session, at GMT0400, the pair is trading at 120.63, with the USD trading 0.34% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading tad higher, ahead of Britain’s Q3 GDP Data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5352. In economic news, UK’s BBA mortgage approvals dropped to a four-month low reading of 44.5k in September, against market expectations … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.1057. In economic news, Germany’s IFO expectations index unexpectedly advanced to a level of 103.8 in October, from a reading of … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened marginally against the USD to close at 0.7217. LME Copper prices rose 0.40% or $21.0/MT to $5295.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1480.5/MT. In China, Australia’s … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CAD to close at 1.3180. In economic news, Canada’s consumer price index fell more-than-expected by 0.2% MoM in September, compared to a flat reading in … Continue reading

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