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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.12% against the JPY and closed at 116.54. In the Asian session, at GMT0400, the pair is trading at 116.98, with the USD trading 0.38% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE minutes.

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.5748. Gains were kept in check following downbeat CPI data in the UK. Britain’s annual inflation rate eased more than expected … 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 rose 0.53% against the USD and closed at 1.2510, following upbeat economic data from the Euro-zone and Germany. Yesterday, data indicated that Germany’s ZEW economic sentiment index improved for … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.49% against the USD to close at 0.8212, amid a broad strength in the greenback. LME Copper prices rose 0.51% or $33.5/MT to $6560.0/MT. Aluminium prices declined 0.08% … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CAD to close at 1.1659, following upbeat economic releases in the US. In economic news, existing home sales in Canada remained unchanged on a monthly … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9651. The Swiss Franc came under pressure, after producer and import prices in Switzerland fell more than expected 0.7% on a … Continue reading

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USD/JPY: Japan’s manufacturing PMI continued its expansion

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.45% against the JPY and closed at 117.85. Yesterday, in Japan, Tokyo condominium sales fell 33.3% on an annual basis in November, compared to a drop of 10.9% … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s CPI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.56% against the USD and closed at 1.5643. On the macro front, the CBI trends selling prices in the UK recorded an unexpected rise to a level of … Continue reading

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EUR/USD: Euro trading higher ahead of the PMI data from the Euro-zone and its peripheries

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.2444, after the US recorded encouraging industrial as well as manufacturing data in November. The greenback traded on a stronger footing, … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 0.21% against the USD to close at 0.8247. On the macro front, in China, Australia’s biggest trading partner, new Yuan loans advanced to CNY 852.7 billion in November, while market expectations were for … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s existing home sales data

USDCAD Movement On Friday, the USD rose 0.41% against the CAD to close at 1.1571, after the release of upbeat consumer confidence in the US. In economic news, the National bank of Canada reported that the nation’s house price index … Continue reading

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