USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.2468. In the Asian session, at GMT0400, the pair is trading at 1.2451, with the USD trading 0.14% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of the SNB President, Thomas Jordan’s speech

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded marginally against the CHF and closed at 0.9323. In the Asian session, at GMT0400, the pair is trading at 0.9321, with the USD trading a tad lower from … Continue reading

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AUD/USD: Australia’s deteriorating economic outlook pushed the interest rate cut, the RBA minutes revealed

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.7764. LME Copper prices declined 0.33% or $19.0/MT to $5712.0/MT. Aluminium prices declined 0.93% or $17.0/MT to $1814.5/MT. In … 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 weakened 0.17% against the JPY and closed at 118.45, extending its previous session losses. In the Asian session, at GMT0400, the pair is trading at 118.62, with the USD … Continue reading

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GBP/USD: Pound trading higher ahead of UK’s CPI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.30% against the USD and closed at 1.5360, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1.5373, with the GBP … Continue reading

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AUD/USD: Aussie extends its gains this morning

AUDUSD Movement On Friday, the AUD strengthened 0.34% against the USD to close at 0.7766, extending its previous session gains. LME Copper prices rose 0.63% or $36.0/MT to $5731.0/MT. Aluminium prices rose 0.74% or $13.5/MT to $1831.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement On Friday, the USD declined 0.32% against the CAD to close at 1.2471. On the macro front, manufacturing shipments in Canada rebounded more than expected by 1.7% on a monthly basis in December, against market expectations of 1.0%. … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement On Friday, the USD rose 0.24% against the CHF and closed at 0.9332. In economic news, producer and import prices in Switzerland eased slid 0.6% on a monthly basis in January. It had fallen 0.4% in December. In … Continue reading

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USD/JPY: Japanese economy rebounded from recession in 4Q 2014

USDJPY Movement On Friday, the USD weakened 0.32% against the JPY and closed at 118.78. In the Asian session, at GMT0400, the pair is trading at 118.44, with the USD trading 0.29% lower from Friday’s close. Overnight data showed that … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement On Friday, GBP rose 0.15% against the USD and closed at 1.5406, after Britain’s CB leading economic index rose 0.1% in December, after dropping 0.3% in the preceding month. In the Asian session, at GMT0400, the pair is … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement On Friday, the EUR declined 0.12% against the USD and closed at 1.1389, as investors shrugged off better than expected GDP data in the Euro-zone and Germany, its biggest economy. The preliminary GDP in Germany rose 0.70% QoQ … Continue reading

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