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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.34% against the JPY and closed at 119.59. In the Asian session, at GMT0300, the pair is trading at 119.99, with the USD trading 0.34% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading on a stronger footing ahead of UK’s construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.32% against the USD and closed at 1.5302, as manufacturing activity in the UK eased in August. The UK manufacturing PMI unexpectedly dipped to a level of 51.5 … Continue reading

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AUD/USD: AUD trading higher after RBA kept its interest rate unchanged

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.31% against the USD and closed at 0.7118. Yesterday, the new home sales in Australia dropped 0.40% MoM in July. Meanwhile, the private sector credit in Australia climbed … Continue reading

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USD/CAD: CAD trading higher, ahead of GDP growth data for Q2

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD and closed at 1.3143. Yesterday, Canada’s current account deficit dropped less than expected to C$ 17.40 billion in 2Q, after registering a revised deficit … Continue reading

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USD/CHF: CHF trading higher, ahead of PMI data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9660. On Friday, Switzerland’s seasonally GDP unexpectedly rose 0.20% QoQ in Q2, after registering a 0.20% fall in Q1. Meanwhile, yesterday, … Continue reading

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USD/JPY: Yen trading higher, after August manufacturing PMI data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.01% against the JPY and closed at 121.21. Over the weekend, the preliminary industrial production in Japan unexpectedly eased 0.60% MoM in July, compared to a rise of … Continue reading

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GBP/USD: Pound trading higher, ahead of manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.5351. On Friday, the country’s economy grew in the second quarter, highlighting the 10th quarter of positive gains. Over the weekend, … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1220, after preliminary consumer prices in Germany rose more than expected 0.2% YoY in August. Eurozone’s business climate indicator and the … Continue reading

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AUD/USD: AUD extending its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.75% against the USD and closed at 0.7178. LME Copper prices rose 1.41% or $70.0/MT to $5029.0/MT. Aluminium prices rose 0.96% or $14.5/MT to $1528.0/MT. In the Asian … Continue reading

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USD/CAD: CAD trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.78% against the CAD and closed at 1.3196. In the Asian session, at GMT0300, the pair is trading at 1.317, with the USD trading 0.2% lower from yesterday’s … Continue reading

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USD/CHF: CHF trading higher, ahead of Swiss GDP data for Q2

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.41% against the CHF and closed at 0.9657. CHF lost ground after Switzerland’s industrial production slipped 2.50% in Q2. In the Asian session, at GMT0300, the pair is … Continue reading

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