EUR/USD: Euro trading higher ahead of the ECB President’s speech

EURUSD Movement On Friday, the EUR declined 1.35% against the USD and closed at 1.0483. In economic news, Germany’s wholesale price index rebounded 0.5% MoM in February, following a drop of 0.4% in January. In the US, the Michigan preliminary … Continue reading

Posted in EUR/USD | Comments Off

GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.29% against the USD and closed at 1.4892, after the BoE Governor, Mark Carney stated that the central bank was in no hurry to cut interest rates in … Continue reading

Posted in GBP/USD | Comments Off

AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.26% against the USD to close at 0.7701. LME Copper prices rose 1.37% or $79.5/MT to $5865.5/MT. Aluminium prices declined 0.68% or $12.0/MT to $1742.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher ahead of Canada’s jobless rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2690, following weak advance retail sales data for February in the US. On the macro front, the new housing price index … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Fanc trading lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CHF and closed at 1.0028. In the Asian session, at GMT0400, the pair is trading at 1.0051, with the USD trading 0.23% higher from yesterday’s … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.06% against the JPY and closed at 121.36, following an unexpected decline in the US advance retail sales in February. In the Asian session, at GMT0400, the pair … Continue reading

Posted in USD/JPY | Comments Off

EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.71% against the USD and closed at 1.0626, on the back of positive CPI data in Germany. Data showed that consumer prices in Germany rose 0.9% on a … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Australian unemployment rate dropped in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.34% against the USD to close at 0.7605. LME Copper prices rose 0.04% or $2.5/MT to $5786.0/MT. Aluminium prices rose 0.26% or $4.5/MT to $1754.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD to close at 1.2740. In the Asian session, at GMT0400, the pair is trading at 1.2757, with the USD trading 0.13% higher from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CHF and closed at 1.0091. In the Asian session, at GMT0400, the pair is trading at 1.0125, with the USD trading 0.33% higher from yesterday’s … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen extends its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 121.43, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 121.63, with the … Continue reading

Posted in USD/JPY | Comments Off