USD/JPY: The BoJ minutes showed optimism in the BoJ’s easing

USDJPY Movement On Friday, the USD weakened 0.28% against the JPY and closed at 120.21. In the Asian session, at GMT0300, the pair is trading at 120.34, with the USD trading 0.11% higher from Friday’s close. Overnight data showed that … Continue reading

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GBP/USD: Pound extends its losses in the Asian session

GBPUSD Movement On Friday, GBP marginally declined 0.45% against the USD and closed at 1.4646. In economic news, industrial production in the UK registered a rise of 0.10% on a monthly basis, lower than market expectations for an advance of … Continue reading

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EUR/USD: Euro trading on a weaker footing in the Asian session

EURUSD Movement On Friday, the EUR declined 0.57% against the USD and closed at 1.0603. In the US, the import price index eased 0.30% on a monthly basis in March, lower than market expectations for a drop of 0.40%. In … 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 strengthened 0.07% against the USD to close at 0.7696. LME Copper prices declined 0.08% or $5.0/MT to $6050.0/MT. Aluminium prices declined 0.08% or $1.5/MT to $1773.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2586. The CAD lost ground, after building permits in Canada unexpectedly dropped 0.9%, declining for the second consecutive month on a … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing ahead of Swiss unemployment data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CHF and closed at 0.9767. In the Asian session, at GMT0300, the pair is trading at 0.9765, with the USD trading a tad lower from … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.34% against the JPY and closed at 120.54. In the Asian session, at GMT0300, the pair is trading at 120.56, with the USD trading marginally higher from yesterday’s … Continue reading

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GBP/USD: The BoE left interest rates unchanged

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.15% against the USD and closed at 1.4712. Yesterday, the BoE’s rate-setting Monetary Policy Committee opted to keep the interest rates unchanged at a record low of 0.5%, … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.13% against the USD and closed at 1.0664, as investors shrugged off Germany’s positive industrial and trade surplus data. In economic news, industrial production in Germany rose 0.20% … Continue reading

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EUR/USD: Euro trading marginally lower ahead of Germany’s industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.0786, on the back of downbeat German factory orders data. Data showed that German factory orders unexpectedly fell 0.9% MoM in … 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 strengthened 0.64% against the USD to close at 0.7690. LME Copper prices rose 0.23% or $14.0/MT to $6055.0/MT. Aluminium prices declined 0.56% or $10.0/MT to $1775.0/MT. In the Asian … Continue reading

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