AUD/USD: AUD trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.88% against the USD to close at 0.7410. Weekend data revealed that the consumer price index in China, Australia’s biggest trading partner, rose 1.60% YoY in July, compared … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s Sentix investor confidence data

EURUSD Movement On Friday, the EUR rose 0.27% against the USD and closed at 1.0957. In economic news, Germany’s industrial production declined 1.4% MoM in June, against market expectations of an increase of 0.3% and following a revised gain of … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.3136. The CAD lost ground after the seasonally adjusted Ivey PMI in Canada eased to 52.90 in July, after recording a … Continue reading

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USD/JPY: Japanese Yen trading lower ahead of the BoJ’s economic survey

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the JPY and closed at 124.23. On Sunday, data revealed that Japan’s non-seasonally adjusted current account surplus in June dropped to ¥558.60 billion, less than market … Continue reading

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GBP/USD: Pound trading lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.5489, after Britain’s total trade deficit widened to £1.60 billion in June, compared to previous month’s revised deficit of £0.88 billion … Continue reading

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USD/JPY: The BoJ refrained from changing its monetary policy

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.08% against the JPY and closed at 124.70. The Yen rose on the back of positive macroeconomic data. Japan’s preliminary leading economic index advanced to 107.20 in June, … Continue reading

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AUD/USD: AUD is trading higher after RBA issued upbeat monetary policy statement

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.12% against the USD to close at 0.7345. LME Copper prices declined 0.97% or $50.5/MT to $5165.0/MT. Aluminium prices declined 1.55%% or $24.5/MT to $1553.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its gains, ahead of Canada’s July unemployment rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.3108. In the Asian session, at GMT0300, the pair is trading at 1.312, with the USD trading 0.09% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading flat ahead of Switzerland’s unemployment rate

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9810. The CHF lost ground after the SECO’s consumer climate index for Switzerland slumped to -19.00 in 2Q 2015. The index had … Continue reading

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GBP/USD: Pound closed on a negative footing after the BoE kept its interest rates intact

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.5511, after the BoE’s minutes for its latest meeting revealed that only one MPC member was in favour of an interest … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.0927, after German factory orders topped market expectations in June. Data showed that Germany’s factory orders increased at a faster-than-expected pace, … Continue reading

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