USD/CHF: Swiss Franc trading stronger ahead of Switzerland’s inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CHF and closed at 0.9736. In the Asian session, at GMT0400, the pair is trading at 0.9729, with the USD trading 0.08% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.35% against the JPY and closed at 120.11. In the Asian session, at GMT0400, the pair is trading at 120.00, with the USD trading 0.09% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading flat ahead of the BoE’s consumer inflation expectation data for the next 12 months

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.5250. Yesterday, the BoE’s rate-setting Monetary Policy Committee held the central bank’s key interest rate unchanged at 0.5%, maintaining it at … Continue reading

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EUR/USD: ECB all set to start QE on 9th March, 2015

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.49% against the USD and closed at 1.1029, after the ECB President, Mario Draghi, stated that the central bank will start with the quantitative easing programme from 9 … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded marginally higher against the USD to close at 0.7819. LME Copper prices declined/rose 0.46% or $27.0/MT to $5882.0/MT. Aluminium prices rose 0.20% or $3.5/MT to $1787.0/MT. In the … Continue reading

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USD/CAD: The BoC kept its interest rate unchanged

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.2424. Yesterday, the BoC kept its interest rate steady at 0.75%. Additionally, the central bank in its monetary policy statement accompanying … Continue reading

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USD/CHF: Swiss franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9634. In the Asian session, at GMT0400, the pair is trading at 0.9651, with the USD trading 0.17% higher from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 119.68. In the Asian session, at GMT0400, the pair is trading at 119.83, with the USD trading 0.12% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s crucial interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.62% against the USD and closed at 1.5269, following downbeat Markit services PMI data in the UK. Yesterday, Britain’s Markit services PMI unexpectedly dropped to a level of … Continue reading

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EUR/USD: Euro trading lower ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.85% against the USD and closed at 1.1084, following mixed economic data in the Euro-zone and Germany. Data showed that, retail sales in the Euro-Zone climbed 1.1% MoM … Continue reading

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AUD/USD: Australia’s economic growth quickened in Q4 2014

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.73% against the USD to close at 0.7816. Yesterday, the AIG performance of services index in Australia rose to 51.70 in February, up from previous month’s level of … Continue reading

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