USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.04% against the CAD to close at 1.2526. In the Asian session, at GMT0400, the pair is trading at 1.2528, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss economy set for contraction, indicated the KOF

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9057. The Swiss Franc came under pressure after Switzerland’s KOF Economic Institute announced that the Swiss economy would fall into recession … 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 0.26% against the JPY and closed at 117.46. In the Asian session, at GMT0400, the pair is trading at 117.94, with the USD trading 0.41% higher from yesterday’s … Continue reading

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GBP/USD: Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5145. Yesterday, the BoE Governor, Mark Carney, in a press conference stated that the UK economy was expanding “solidly” and was … Continue reading

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EUR/USD: Euro trading a tad lower ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.1279. The greenback traded on a stronger footing after the Fed in its first monetary policy meeting of 2015 expressed optimism … Continue reading

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AUD/USD: Australia’s CPI rose less than expected in 4Q 2014

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.7931. LME Copper prices rose 1.22% or $67.0/MT to $5557.0/MT. Aluminium prices rose 1.60% or $29.0/MT to $1847.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.2397. In the Asian session, at GMT0400, the pair is trading at 1.2433, with the USD trading 0.29% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc extends its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CHF and closed at 0.9023, following stronger than expected consumer confidence data in the US. Meanwhile, the Swiss Franc lost ground yesterday after … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.57% against the JPY and closed at 117.77. In economic news, Japan’s small business confidence index eased to 46.3 in January, compared to a level of 46.7 registered … Continue reading

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GBP/USD: UK GDP grew less than expected in 4Q 2014

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.68% against the USD and closed at 1.5187, as investors shrugged off Britain’s disappointing 4Q GDP data. The UK GDP advanced 0.5% in Q4 2014 on a quarterly … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s Gfk consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.19% against the USD and closed at 1.1371. The greenback traded on a weaker footing, after durable goods orders unexpectedly tumbled 3.4% in December, registering its worst drop … Continue reading

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