GBP/USD: Pound trading lower ahead of UK’s Markit manufacturing data

GBPUSD Movement On Friday, GBP marginally rose 0.18%against the USD and closed at 1.5438. In economic news, Lloyds business barometer in the UK recorded a drop to a reading of 45.00. In the prior month, it had recorded a reading … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.17% against the USD to close at 0.7812. LME Copper prices declined 0.93% or $55.0/MT to $5880.5/MT. Aluminium prices declined 0.22% or $4.0/MT to $1794.5/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s RBC manufacturing PMI data

USDCAD Movement On Friday, the USD traded marginally lower against the CAD to close at 1.2514. In the Asian session, at GMT0400, the pair is trading at 1.2506, with the USD trading 0.07% lower from Friday’s close. The pair is … Continue reading

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USD/CHF: Swiss Franc is trading lower ahead of Switzerland’s SVME PMI data

USDCHF Movement On Friday, the USD rose 0.22% against the CHF and closed at 0.9543, as the US annualized GDP advanced more than expected in 4Q 2014. In economic news, Switzerland’s KOF leading indicator dropped less than expected to a … Continue reading

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

USDJPY Movement On Friday, the USD strengthened 0.26% against the JPY and closed at 0.26%. The BoJ’s Deputy Governor, Governor Hiroshi Nakaso opined that Japan was back on a continued growth track and remained upbeat on achieving the central bank’s … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s Markit manufacturing PMI data

EURUSD Movement On Friday, the EUR declined 0.06% against the USD and closed at 1.1188. The preliminary consumer price index in Germany rebounded more than expected by 0.9% MoM in February, against market expectations of 0.6% rise and following a … 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 strengthened 0.45% against the JPY and closed at 119.39. In the Asian session, at GMT0400, the pair is trading at 119.27, with the USD trading 0.09% lower from yesterday’s … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.07% against the USD to close at 0.7799, reversing its previous session gains. LME Copper prices rose 2.25% or $130.5/MT to $5935.5/MT. Aluminium prices rose 0.87% or $15.5/MT … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD to close at 1.2516, following stronger than expected durable goods orders data from the US in January. In economic news, Canada’s core CPI rebounded … Continue reading

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USD/CHF: Swiss Franc reverses its losses ahead of Switzerland’s KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9522, as investors shrugged of dismal CPI data in the US. On the macro front, industrial production in Switzerland advanced 2.70% … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.77% against the USD and closed at 1.5410. Losses were kept in check, after Britain’s preliminary GDP grew 2.7% on an annual basis in 4Q 2014, in line … Continue reading

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