AUD/USD: Aussie trading higher on Governor Lowe’s optimistic view

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.38% against the USD to close at 0.7031. LME Copper prices rose 2.01% or $104.0/MT to $5280.0/MT. Aluminium prices rose 0.35% or $5.5/MT to $1593.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of the BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.3209. In the Asian session, at GMT0300, the pair is trading at 1.3183, with the USD trading 0.19% lower from yesterday’s … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CHF and closed at 0.9781. In economic news, the seasonally adjusted Swiss unemployment rate remained unchanged at 3.3% in August, in line with market forecasts. … Continue reading

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USD/JPY: Japanese Yen trading lower ahead of Japan’s consumer confidence data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.60% against the JPY and closed at 119.97. Yesterday, Japan’s Economy Minister, Akira Amar, urged that the BoJ’s QE programme has to be ramped up, as the Japanese … Continue reading

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GBP/USD: Pound trading a tad lower ahead of series of economic releases from Britain

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.80% against the USD and closed at 1.5394. In the Asian session, at GMT0300, the pair is trading at 1.5393, with the GBP trading marginally lower from yesterday’s … Continue reading

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AUD/USD: Aussies trading higher on improved business conditions

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.6935. China, Australia’s biggest trading partner, revised its 2014 GDP growth rate to 7.3% from a previously reported 7.4%, amid a … Continue reading

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USD/CAD: Loonie trading marginally higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.3302. In the Asian session, at GMT0300, the pair is trading at 1.3301, with the USD trading slightly lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9752. Meanwhile, in economic news, Switzerland’s foreign currency reserves climbed to CHF 540.40 billion in August, after recording a revised reading … Continue reading

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USD/JPY: Japan’s GDP growth revised upwards in Q2

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 119.26. In economic news, the preliminary estimate of Japan’s leading index came in at a level of 104.9 in July, at … Continue reading

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GBP/USD: Pound trading on a stronger footing in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.55% against the USD and closed at 1.5272. In the Asian session, at GMT0300, the pair is trading at 1.5288, with the GBP trading 0.11% higher from yesterday’s … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s second quarter GDP growth data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.1171. In economic news, industrial production in Germany rebounded 0.7% MoM in July, against prior month’s revised drop of 0.9%. Markets … Continue reading

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