USD/JPY: Japan’s factory activity quickened to five-month level in July

USDJPY Movement On Friday, the USD weakened 0.22% against the JPY and closed at 123.91. Data released indicated that housing starts in Japan rose more than expected by 16.3% on an annual basis in June, after it registered an increase … Continue reading

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GBP/USD: Pound trading marginally higher ahead of Britain’s manufacturing PMI data

GBPUSD Movement On Friday, the GBP marginally rose 0.11% against the USD and closed at 1.5613. In the Asian session, at GMT0300, the pair is trading at 1.5622, with the GBP trading a tad higher from Friday’s close. The pair … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone’s CPI

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.0933. The greenback traded on a stronger footing, as the US economy picked up steam in the second quarter, after the … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.13% against the USD to close at 0.7289, LME Copper prices declined 1.15% or $61.0/MT to $5241.0/MT. Aluminium prices declined 0.65% or $10.5/MT to $1608.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing ahead of Canada’s GDP growth data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 1.3005. In the Asian session, at GMT0300, the pair is trading at 1.2996, with the USD trading 0.07% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9691. On the macro front, Switzerland’s KOF leading indicator improved more than expected and hit an 11-month high level of 99.8 … Continue reading

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USD/JPY: Japan’s national CPI outpaces market expectations on an annual basis in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.21% against the JPY and closed at 124.18. In the Asian session, at GMT0300, the pair is trading at 123.99, with the USD trading 0.15% lower from yesterday’s … Continue reading

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GBP/USD: Pound reverses its losses this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.5597. In the Asian session, at GMT0300, the pair is trading at 1.5608, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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AUD/USD: Australia’s building approvals slumped in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.56% against the USD to close at 0.7299. LME Copper prices rose 1.19% or $62.5/MT to $5302.0/MT. Aluminium prices rose 0.62% or $10.0/MT to $1619.0/MT. In the Asian … Continue reading

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EUR/USD: Euro trading lower ahead of crucial economic data from Germany

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.70% against the USD and closed at 1.0986. In economic news, Germany’s GfK consumer confidence index remained flat at a level of 10.10 in August, at par with … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.2946. Yesterday, Canada’s leading think tanker downgraded the nation economic growth forecast to 1.6% in 2015, its most dismal economic forecast … Continue reading

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