USD/JPY: Japanese Yen extends its losses this morning

USDJPY Movement On Friday, the USD strengthened 0.42% against the JPY and closed at 120.34. In the Asian session, at GMT0400, the pair is trading at 120.60, with the USD trading 0.22% higher from Friday’s close. Earlier today, data from … Continue reading

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GBP/USD: Pound trading lower ahead of Britain’s construction PMIs

GBPUSD Movement On Friday, the GBP declined 1.59% against the USD and closed at 1.5332, following the release of downbeat manufacturing PMI in the UK. The UK manufacturing PMI unexpectedly eased to a 3-month low level of 52.5 in December … Continue reading

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

EURUSD Movement On Friday, the EUR declined 0.79% against the USD and closed at 1.2005, reversing its previous session gains. In economic news, Germany’s manufacturing PMI remained unchanged at a level of 51.2 in December, while markets expected it to … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.11% against the USD to close at 0.8177. Yesterday, data from China, Australia’s largest trading partner revealed that the NBS manufacturing PMI registered a drop to 50.10 in … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.1614. In the Asian session, at GMT0400, the pair is trading at 1.1638, with the USD trading 0.21% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading above its MAs

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9937. In the Asian session, at GMT0400, the pair is trading at 0.9975, with the USD trading 0.38% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading above its MAs

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06 % against the JPY and closed at 119.83, amid mounting speculation that the Federal Reserve would raise interest rates this year. Yesterday, the Japanese Prime Minister Shinzo … Continue reading

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GBP/USD: Pound trading lower ahead of the release of UK manufacturing PMI

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5580. Yesterday, the UK Prime Minister, David Cameron urged the nation to support the Conservatives’ in next May’s general election, as … Continue reading

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EUR/USD: Price risks climbing in the Euro region, ECB’s Mario Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.2101. Yesterday, the ECB Chief, Mario Draghi indicated that the central bank was in technical preparations to amend the size, speed … Continue reading

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AUD/USD: Australian private sector credit advanced above expectations in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.8181. LME Copper prices marginally declined or $2.0/MT to $ 6330.0/MT. Aluminium prices rose 0.41% or $7.5/MT to $ 1835.0/MT. In … 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 0.28% against the CAD to close at 1.1613. In the Asian session, at GMT0400, the pair is trading at 1.1604, with the USD trading 0.08% lower from yesterday’s … Continue reading

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