GBP/USD: Pound trading lower ahead of the BoE Governor, Mark Carney’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.4852 as mounting geopolitical fears in Middle East overshadowed positive UK retail sales. In economic news, retail sales in the UK … Continue reading

Posted in GBP/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.0882, after strong US economic data. In the US, number of people claiming unemployment benefits for the first time dropped to … Continue reading

Posted in EUR/USD | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.45% against the USD to close at 0.7836. LME Copper prices rose 0.11% or $6.5/MT to $6134.5/MT. Aluminium prices declined 1.26% or $22.5/MT to $1764.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.2523 In the Asian session, at GMT0400, the pair is trading at 1.2497, with the USD trading 0.21% lower from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9601. In economic news, Switzerland’s UBS consumption indicator climbed to a level of 1.19 in February, up from previous month’s revised … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.21% against the JPY and closed at 119.49. In the Asian session, at GMT0400, the pair is trading at 119.31, with the USD trading 0.15% lower from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading marginally lower ahead of UK’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.4883, following better than expected BBA mortgage approvals in the UK. Data revealed that mortgage approvals in the UK rose to … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading marginally higher ahead of Germany’s GfK consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.0967, on the back of stronger than expected IFO data in Germany. Yesterday, data showed that Germany’s IFO business climate index … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Aussie reverses its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.27% against the USD and closed at 0.7827. LME Copper prices rose 0.57% or $34.5/MT to $6128.0/MT. Aluminium prices marginally declined to $ 1786.5/MT. In the Asian session, … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2503. Yesterday, a leading bank of Canada slashed its growth estimates for the first quarter to an annual pace of 0.5% … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a higher footing ahead of the UBS Consumption Indicator data from Switzerland

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CHF and closed at 0.9647. In the Asian session, at GMT0300, the pair is trading at 0.9591, with the USD trading tad lower from yesterday’s … Continue reading

Posted in USD/CHF | Comments Off