GBP/USD: Pound trading flat in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.70% against the USD and closed at 1.5144, following downbeat services PMI data in the UK. Britain’s services PMI slipped to 19-month low level of 55.8 in December … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1879, after the Euro-zone and its peripheries reported mixed services PMI data in December, thus maintaining pressure on the ECB to … 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 strengthened 0.16% against the USD to close at 0.8087, rebounding from its previous session losses. LME Copper prices declined 1.47% or $93.0/MT to $6216.0/MT. Aluminium prices declined 1.56% or … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.1763. In the Asian session, at GMT0400, the pair is trading at 1.1743, with the USD trading 0.17% lower from yesterday’s … Continue reading

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USD/CHF: Cap on Swiss Franc is important, SNB’s Jordan

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 1.0069. Yesterday, data revealed that the Swiss SVME PMI edged up to a level of 54.0 in December, compared to previous … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.02% against the JPY and closed at 119.35. In the Asian session, at GMT0400, the pair is trading at 119.28, with the USD trading 0.06% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead the BoE’s first policy meeting for 2015

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5252, following disappointing construction PMI data in the UK. Britain’s construction PMI decreased to its lowest level since July 2013 to … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone’s services PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1933. In economic news, Germany’s consumer prices remained unchanged on a monthly basis in December, less than market expectations for a … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 0.79% against the USD to close at 0.8112. LME Copper prices declined 0.79% or $50.0/MT to $6309.0/MT. Aluminium prices declined 0.55% or $10.0/MT to $1821.5/MT. In the Asian session, at GMT0400, the pair … Continue reading

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

USDCAD Movement On Friday, the USD rose 1.17% against the CAD to close at 1.1750. The CAD lost ground after Canada’s RBC manufacturing PMI slipped to a 3-month low reading of 53.9 in December, compared to a level of 55.3 … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of the SNB Chief’s speech

USDCHF Movement On Friday, the USD rose 0.76% against the CHF and closed at 1.0012. In the Asian session, at GMT0400, the pair is trading at 1.0065, with the USD trading 0.53% higher from Friday’s close. The pair is expected … Continue reading

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