EUR/USD: Euro trading higher ahead of economic releases from Germany

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1789, following downbeat economic releases in the Euro-zone as well as Germany. The Euro came under pressure after German factory orders … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.8078. LME Copper prices declined 0.34% or $21.0/MT to $6170.0/MT. Aluminium prices declined 0.59% or $10.5/MT to $1762.0/MT. In … Continue reading

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USD/CAD: Canadian Ivey PMI slid in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.1819, after the Fed minutes failed to provide any major boost to the greenback. In economic news, Canada’s Ivey PMI contracted … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 1.0149. Yesterday’s data showed that Swiss foreign currency reserves expanded more than anticipated to CHF495.1 billion, against market expectations of an … 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 strengthened 0.62% against the JPY and closed at 119.30. In the Asian session, at GMT0400, the pair is trading at 119.66, with the USD trading 0.3% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5108. In economic news, Britain’s Lloyds business barometer advanced to 45.0 in December, compared to a level of 42.0 registered in … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s retail sales and economic confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1833, following worse than expected inflation figures in the Euro-zone. Consumer prices in the single-currency region retreated more than expected 0.2% … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.08% against the USD to close at 0.8081. On the macro front, Australia’s AiG performance of services index rose to 47.5 in December, compared to a level of … 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 rose 0.63% against the CAD to close at 1.1837. Yesterday’s data showed that Canada’s raw material price index slid more than expected 5.8% on a monthly basis in November, … 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 rose 0.41% against the CHF and closed at 1.0111. In the Asian session, at GMT0400, the pair is trading at 1.0114, with the USD trading a tad higher from … Continue reading

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USD/JPY: Japanese Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.66% against the JPY and closed at 118.56. In the Asian session, at GMT0400, the pair is trading at 119.05, with the USD trading 0.41% higher from yesterday’s … Continue reading

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