USD/CHF: Swiss Franc reverses its gains this morning

USDCHF Movement On Friday, the USD declined 0.40% against the CHF and closed at 0.9645. In the Asian session, at GMT0400, the pair is trading at 0.9659, with the USD trading 0.14% higher from Friday’s close. The pair is expected … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement On Friday, the USD weakened 0.16% against the JPY and closed at 118.71. In the Asian session, at GMT0400, the pair is trading at 118.73, with the USD trading a tad higher from Friday’s close. Overnight data indicated … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading flat in the Asian session

GBPUSD Movement On Friday, GBP declined 0.15% against the USD and closed at 1.5708, after construction output in the UK surprisingly eased 2.2% on a monthly basis in October, following a revised gain of 2.2% registered in the prior month. … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro reverses its gains in the Asian session

EURUSD Movement On Friday, EUR rose 0.39% against the USD and closed at 1.2453. In economic news, the seasonally adjusted industrial production in the Euro-zone advanced less than expected 0.1% on a MoM basis in October, against market expectations for … Continue reading

Posted in EUR/USD | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.8265, amid a broad strengthening in the greenback. LME Copper prices declined 0.07% or $4.5/MT to $6471.5/MT. Aluminium prices declined 0.74% … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD to close at 1.1524. Yesterday, data showed that Canada’s new housing price index rose 1.6% on an annual basis in October, compared to a … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: The SNB kept its benchmark interest rate unchanged

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9684, following upbeat economic data from the US. Yesterday, the SNB maintained its key interest rate at 0.0% for the 14th … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading stronger this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.81% against the JPY and closed at 118.90. In the Asian session, at GMT0400, the pair is trading at 118.87, with the USD trading a tad lower from … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound reverses its gains this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.5732, extending its previous session gains. Yesterday, the OECD forecasted an optimistic economic outlook for the UK economy in 2015 and … Continue reading

Posted in GBP/USD | Comments Off

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.2404, after the ECB reported that it issued €129.8 billion in 4-year loans to the Euro-zone banks in the second allotment … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Australian unemployment rate hits 12-year high

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.8319. LME Copper prices rose 1.17% or $75.0/MT to $6476.0/MT. Aluminium prices rose 0.26% or $5.0/MT to $1950.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off