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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.94% against the JPY and closed at 119.16, on the back of downbeat economic releases in the US. Yesterday, the BoJ said it would not add extra stimulus … Continue reading

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AUD/USD: Interest rate cuts now less effective but still needed, said the RBA Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.21% against the USD to close at 0.7740. LME Copper prices rose 0.88% or $49.5/MT to $5695.0/MT. Aluminium prices rose 0.36% or $6.5/MT to $1818.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2511, following disappointing advance retail sales data in the US. In economic news, the new housing price index in Canada advanced … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9310. On the macro front, producer and import prices in Switzerland slid 0.6% MoM in January, lower than market expected decline … Continue reading

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GBP/USD: The BoE signalled a sooner than expected hike in interest rate

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.5383, after the BoE Governor, Mark Carney signalled that the central bank remained on course to raise interest rate in Britain … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s Q4 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.66% against the USD and closed at 1.1402, following the peace deal between Ukraine and Russia and as investors shrugged off dismal economic data from the Euro-zone and … Continue reading

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AUD/USD: Australian jobless rate climbed to a 13-year high in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.61% against the USD to close at 0.7723. LME Copper prices rose 0.97% or $54.5/MT to $5645.5/MT. Aluminium prices declined 1.71% or $31.5/MT to $1811.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s new housing price index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.2619, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1.2635, with the USD … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 0.9287 In the Asian session, at GMT0400, the pair is trading at 0.9300, with the USD trading 0.15% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading flat ahead of Japan’s machine tool orders data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.72% against the JPY and closed at 120.29. In the Asian session, at GMT0400, the pair is trading at 120.29, with the USD trading flat from yesterday’s close. … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s quarterly inflation report

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.13% against the USD and closed at 1.5240. In the Asian session, at GMT0400, the pair is trading at 1.5221, with the GBP trading 0.12% lower from yesterday’s … Continue reading

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