EUR/USD: Euro trading higher in the Asian session

EURUSD Movement On Friday, the EUR rose 0.44% against the USD and closed at 1.1841. In economic news, industrial production in Germany surprisingly slid 0.1% on a MoM basis in November compared to a revised advance of 0.6% in the … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 1.09% against the USD to close at 0.8198. LME Copper prices declined 1.28% or $79.5/MT to $6151.0/MT. Aluminium prices rose 1.21% or $21.5/MT to $1798.0/MT. In the Asian session, at GMT0400, the pair … Continue reading

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

USDCAD Movement On Friday, the USD rose 0.19% against the CAD to close at 1.1863, after the US non-farm payrolls surprisingly increased above expectations in December. In economic news, Canada’s unemployment rate remained steady at previous month’s level of 6.6% … Continue reading

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

USDCHF Movement On Friday, the USD declined 0.45% against the CHF and closed at 1.0143. On the macro front, consumer prices in Switzerland slid more than expected 0.5% on a MoM basis in December, against market expected decline of 0.4% … Continue reading

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USD/JPY: Japanese Yen extends its gains this morning

USDJPY Movement On Friday, the USD weakened 0.96% against the JPY and closed at 118.64. In the Asian session, at GMT0400, the pair is trading at 118.3, with the USD trading 0.29% lower from Friday’s close. The pair is expected … Continue reading

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GBP/USD: UK economy slowed in Q4, NIESR

GBPUSD Movement On Friday, GBP marginally rose 0.56% against the USD and closed at 1.5163, following stronger than expected manufacturing production in the UK. Britain’s manufacturing production rebounded to a 7-month high of 0.7% on a MoM basis in November, … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.39% against the USD to close at 0.8110. Yesterday, data revealed that Australia’s foreign reserves increased to A$65.7 billion in December, from previous month’s total of $61.7 billion. … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.1841. In economic news, the new housing price index in Canada remained unchanged at 0.1% on a MoM basis in November, … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s jobless rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 1.0189. In the Asian session, at GMT0400, the pair is trading at 1.0175, with the USD trading 0.14% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.41% against the JPY and closed at 119.79. In the Asian session, at GMT0400, the pair is trading at 119.52, with the USD trading 0.22% lower from yesterday’s … Continue reading

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GBP/USD: The BoE held its monetary policy steady

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5079. Yesterday, the BoE in its first monetary policy meeting of 2015, kept the UK interest rates unchanged at historical low … Continue reading

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