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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad higher against the USD to close at 0.8301. LME Copper prices declined 1.08% or $70.5/MT to $6465.5/MT. Aluminium prices declined 2.10% or $42.0/MT to $1960.0/MT. In … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD to close at 1.1478. In economic news, housing starts in Canada jumped to 195.6 K in November, posting its fastest rise in 7-months, compared … Continue reading

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USD/CHF: Swiss Franc reverses its gains ahead of Switzerland’s unemployment rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9761. On the macro front, consumer prices in Switzerland remained flat on a monthly basis in November, following a similar reading … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.96% against the JPY and closed at 120.60. In the Asian session, at GMT0400, the pair is trading at 120.35, with the USD trading 0.21% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the UK’s industrial and manufacturing production data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.58% against the USD and closed at 1.5656, after the Lloyds employment confidence index in the UK rose to 1.0 in November, compared to a level of 0.0 … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.2317, after the Euro-zone’s Sentix investor confidence improved to -2.5 in December, marking its highest level in four months, higher than … Continue reading

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AUD/USD: Aussie extends its losses this morning

AUDUSD Movement On Friday, the AUD weakened 0.65% against the USD to close at 0.8327, amid a broad strengthening in the greenback. LME Copper prices rose 0.69% or $45.0/MT to $6536.0/MT. Aluminium prices rose 1.37% or $27.0/MT to $2002.0/MT. In … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s housing permits data

USDCAD Movement On Friday, the USD rose 0.40% against the CAD to close at 1.1432, following positive non-farm payrolls data in the US. The CAD lost ground after Canada’s unemployment rate climbed to 6.6% in November, compared to a level … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of the Switzerland’s CPI data

USDCHF Movement On Friday, the USD rose 0.69% against the CHF and closed at 0.9779. The Swiss Franc came under pressure after Switzerland’s foreign currency reserves unexpectedly narrowed to CHF462.4 billion in November, lower than market expected increase to CHF465.5 … Continue reading

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USD/JPY: Japanese annualized final GDP recorded a drop in 3Q 2014

USDJPY Movement On Friday, the USD strengthened 1.32% against the JPY and closed at 121.38. In the Asian session, at GMT0400, the pair is trading at 121.56, with the USD trading 0.15% higher from Friday’s close, after overnight data indicated … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement On Friday, GBP marginally declined 0.56% against the USD and closed at 1.5584, after the BoE in its latest survey reported that the UK’s consumer inflation expectations for the next 12 months registered a drop to 2.5%, compared … Continue reading

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