GBP/USD: Britain’s services sector activity rebounded in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.66% against the USD and closed at 1.3000. On the macro front, UK’s final Markit services PMI advanced to a level of 53.9 in January, marking its highest … Continue reading

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EUR/USD: Euro-zone’s private sector activity dropped in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1000. On the data front, the final Markit services PMI fell to a level of 52.5 in January, less than market … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 2.92% against the USD and closed at 0.6740. LME Copper prices rose 1.0% or $57.0/MT to $5,652.0/MT. Aluminium prices declined 0.4% or $7.5/MT to $1,687.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a negative footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.23% against the CAD and closed at 1.3279. In the Asian session, at GMT0400, the pair is trading at 1.3292, with the USD trading 0.10% higher against the … 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 declined 0.20% against the CHF and closed at 0.9691. In the Asian session, at GMT0400, the pair is trading at 0.9697, with the USD trading 0.06% higher against the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.46% against the JPY and closed at 109.47. In the Asian session, at GMT0400, the pair is trading at 109.45, with the USD trading marginally lower against the … Continue reading

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GBP/USD: UK construction sector contracted at its slowest pace in 8 months in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.3031, amid continuing concerns surrounding the Brexit deal. On the macro front, Britain’s Markit construction PMI advanced to a level of … Continue reading

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EUR/USD: Eurozone producer prices declined for the fifth straight month in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1046. On the macro front, Euro-zone’s producer price index (PPI) declined 0.7% on an annual basis in December, in line with … Continue reading

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AUD/USD: RBA keeps benchmark rates on hold

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.64% against the USD and closed at 0.6690. LME Copper prices rose 0.5% or $25.0/MT to $5,595.0/MT. Aluminium prices declined 0.9% or $15.0/MT to $1,694.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.36% against the CAD and closed at 1.3295. Data indicated that Canada’s Markit manufacturing PMI unexpectedly advanced to a level of 50.60 in January, defying market expectations for … Continue reading

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USD/CHF: Swiss SVME manufacturing PMI declined in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9658. Data revealed that Switzerland’s SVME Purchasing Managers’ Index (PMI) eased to 47.80 in January, compared to a revised reading of … Continue reading

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