USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9553. Yesterday, data showed that the SNB’s sight deposits stood at CHF385.899 billion in the week ended 24 April, up from … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 119.10. In the Asian session, at GMT0300, the pair is trading at 119.08, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: Pound trading flat ahead of UK’s GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.5227, extending its previous session gains. Yesterday, data showed that the CBI trends selling prices in the UK recorded a drop … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2171, on the back of stronger than expected durable goods orders data in the US. In a speech, the BoC Governor, Stephen Poloz mentioned that the … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement On Friday, the EUR rose 0.44% against the USD and closed at 1.0865, following positive IFO economic data in Germany. Data showed that Germany’s IFO business climate index edged up more than expected to 108.6 in April and … Continue reading

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

AUDUSD Movement On Friday, the AUD strengthened 0.65% against the USD to close at 0.7827, continuing with its previous session gains. LME Copper prices rose 1.52% or $90.5/MT to $6025.5/MT. Aluminium prices rose 1.36% or $24.5/MT to $1830.0/MT. In the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

USDCHF Movement On Friday, the USD declined 0.16% against the CHF and closed at 0.9541. The SNB Chairman, Thomas Jordan stated that the Swiss Franc still remained overvalued, adding that the central bank would be forced to intervene in near … Continue reading

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USD/JPY: Japanese Yen trading flat this morning

USDJPY Movement On Friday, the USD weakened 0.58% against the JPY and closed at 118.91. The Japanese Currency gained ground, after the BoJ Governor, Haruhiko Kuroda, stated that inflation trend in the nation was improving gradually and added that the … Continue reading

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GBP/USD: Pound trading marginally lower this morning

GBPUSD Movement On Friday, the GBP marginally rose 0.83% against the USD and closed at 1.5177, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.5175, with the GBP trading a tad lower … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.32% against the JPY and closed at 119.61. In the Asian session, at GMT0300, the pair is trading at 119.54, with the USD trading 0.06% lower from yesterday’s … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.39% against the USD to close at 0.7776, extending its previous session gains. LME Copper prices rose 0.13% or $8.0/MT to $5935.0/MT. Aluminium prices declined 0.66% or $12.0/MT … Continue reading

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