USD/CHF: Swiss Franc trading on a stronger footing in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 0.9789, after the US manufacturing PMI came in better than expected in October. In the Asian session, at GMT0400, the pair … Continue reading

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USD/JPY: Japanese Yen trading higher in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.57% against the JPY and closed at 121.40. Data showed that Japan’s final leading economic index dropped to a level of 103.5 in August, from a reading of … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s mortgage approvals data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.48% against the USD and closed at 1.5314. In the Asian session, at GMT0400, the pair is trading at 1.5337, with the GBP trading 0.15% higher from Friday’s … Continue reading

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EUR/USD: Euro trading on a stronger footing, ahead of Germany’s IFO data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.1013 extending its previous session losses. Macroeconomic data showed that the Euro-zone’s preliminary Markit manufacturing PMI remained flat at a level … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened marginally against the USD to close at 0.7211. LME Copper prices rose 1.71% or $88.5/MT to $5274.0/MT. Aluminium prices declined 0.74% or $11.0/MT to $1480.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s inflation data for September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.3102. In economic news, Canada’s retail sales increased more than expected by 0.5% on a monthly basis in August, against market … Continue reading

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USD/CHF: Swiss Franc trading flat this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.44% against the CHF and closed at 0.9732. In the Asian session, at GMT0300, the pair is trading at 0.9731, with the USD trading flat from yesterday’s close. … Continue reading

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USD/JPY: Japan’s manufacturing activity accelerated in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.70% against the JPY and closed at 120.72. In the Asian session, at GMT0300, the pair is trading at 120.69, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: UK retail sales surge in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5388, as Britain’s retail sales soared in September from August. Data showed that the nation’s retail sales were up 1.7% MoM, … Continue reading

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EUR/USD: The ECB Chief signalled more stimulus may add this year

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.11% against the USD and closed at 1.1103, after the ECB President, Mario Draghi’s comments suggested that the central bank could expand its bond-buying program. Yesterday, the ECB … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.71% against the USD to close at 0.7212. LME Copper prices declined 0.07% or $3.5/MT to $5185.5/MT. Aluminium prices declined 1.03% or $15.5/MT to $1491.0/MT. In the Asian … Continue reading

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