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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.5627. In economic news, the UK monthly consumer prices advanced 0.1% in October, compared to a flat reading registered in the … 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 0.66% against the USD and closed at 1.2532, after the ZEW reported upbeat economic sentiment data registered by the Euro-zone and Germany. The ZEW’s index of German economic … Continue reading

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AUD/USD: Aussie trading on a stronger footing ahead of the RBA Governor’s speech

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.64% against the USD to close at 0.8701, after Australia’s CB leading index dropped 0.3% in September, compared to a revised fall of 0.1% in August. LME Copper … 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 traded a tad higher against the CAD to close at 1.1298. In economic news, Canada’s existing home sales advanced 0.7% on a monthly basis in October. It had recorded … Continue reading

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USD/CHF: Swiss Franc trading higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9649. In the Asian session, at GMT0400, the pair is trading at 0.9631, with the USD trading 0.19% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the JPY and closed at 116.66. In the Asian session, at GMT0400, the pair is trading at 116.64, with the USD trading a tad lower … Continue reading

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GBP/USD: Pound reverses its losses ahead of the UK CPI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5636, extending its earlier session losses. Yesterday, the UK Prime Minister, David Cameron stated that the world was on the verge … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.2450, after the ECB President, Mario Draghi, in his testimony before the European Union’s Parliament, reinforced the central bank’s commitment of … Continue reading

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AUD/USD: Aussie extends its gains this morning

AUDUSD Movement On Friday, the AUD strengthened 0.48% against the USD to close at 0.8754. LME Copper prices declined 0.90% or $60.5/MT to $6695.0/MT. Aluminium prices declined 2.15% or $44.5/MT to $2020.5/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement On Friday, the USD declined 0.79% against the CAD to close at 1.1283. On the macro front, Canada’s manufacturing shipments climbed 2.1% on a monthly basis in September, compared to a revised drop of 3.5% in the prior … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement On Friday, the USD declined 0.48% against the CHF and closed at 0.9591. In the Asian session, at GMT0400, the pair is trading at 0.9569, with the USD trading 0.23% lower from Friday’s close. Over the weekend, the … Continue reading

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