USD/CAD: Loonie reverses its losses ahead of Canada’s new housing price index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD gained 0.32% against the CAD to close at 1.1477. The CAD lost ground after the BoC Governor, Stephen Poloz warned that Canada’s overvalued housing market and household debt still … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of the SNB’s interest rate decision

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 0.9668. In the Asian session, at GMT0400, the pair is trading at 0.9662, with the USD trading 0.06% lower from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.41% against the JPY and closed at 117.94. In the Asian session, at GMT0400, the pair is trading at 118.05, with the USD trading 0.09% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5717, after Britain’s total trade deficit dropped more than anticipated to £2.02 billion in October, compared to a revised deficit of … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.53% against the USD and closed at 1.2446, extending its previous session gains. In economic news, non-farm pay-rolls in the third quarter eased 0.3% in France, higher than … 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 traded a tad lower against the USD to close at 0.8299. LME Copper prices declined 1.00% or $64.5/MT to $6401.0/MT. Aluminium prices declined 0.77% or $15.0/MT to $1945.0/MT. 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 0.32% against the CAD to close at 1.1441. In the Asian session, at GMT0400, the pair is trading at 1.1447, with the USD trading 0.06% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc extends its gains this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9710. The Swiss Franc gained ground after Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.1% in November, lower than market … Continue reading

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USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.81% against the JPY and closed at 119.63. Yesterday, data from Japan showed that the nation’s machine tool orders rose 36.6% on an annual basis in November, after … Continue reading

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GBP/USD: Pound trading on a weaker footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.5676, after NIESR reported that Britain’s GDP rose 0.7% in the three months ended November, compared to a similar growth registered … Continue reading

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EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.2380, following positive trade surplus and current account data in Germany, the Euro-zone’s biggest economy. Yesterday, data showed that Germany’s trade … Continue reading

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