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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD to close at 1.1376. The CAD came under pressure after Canada’s housing starts unexpectedly fell to a level of 183.6 K units in October, … 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 0.36% against the CHF and closed at 0.9681. In the Asian session, at GMT0400, the pair is trading at 0.9680, with the USD trading a tad lower from … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 114.84. In the Asian session, at GMT0400, the pair is trading at 115.01, with the USD trading 0.14% 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 fell 0.27% against the USD and closed at 1.5846. Yesterday, the BoE Governor, Mark Carney stated that the world’s biggest banks should be holding buffer of bonds in case … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.2424. In economic news, the ECB announced that it slowed down its purchase of covered-bonds to €2.629 billion of assets in … Continue reading

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

AUDUSD Movement On Friday, the AUD strengthened 0.90% against the USD to close at 0.8638. In economic news, Australia’s foreign exchange reserves narrowed to A$53.6 billion in October, compared to a reading of A$60.9 billion registered in the previous month. … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s Housing starts data

USDCAD Movement On Friday, the USD declined 0.81% against the CAD to close at 1.1333, following dismal non-farm payrolls data recorded by the US. The Canadian Dollar gained ground after Canada’s unemployment rate unexpectedly registered a drop for the second … Continue reading

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USD/CHF: Swiss Franc extends its gains in the Asian session

USDCHF Movement On Friday, the USD declined 0.60% against the CHF and closed at 0.9670, after the US non-farm payrolls data rose less than expected in October. In economic news, the seasonally adjusted Swiss unemployment rate rose 3.2% in October, … Continue reading

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

USDJPY Movement On Friday, the USD weakened 0.60% against the JPY and closed at 114.54. In the Asian session, at GMT0400, the pair is trading at 114.20, with the USD trading 0.3% lower from Friday’s close. Overnight data indicated that, … Continue reading

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GBP/USD: Pound trading higher ahead of the BoE Governor’s speech

GBPUSD Movement On Friday, GBP rose 0.21% against the USD and closed at 1.5870. In economic news, the UK’s total trade deficit widened to £2.84 billion in September, from a revised total trade deficit of £1.77 billion registered in August, … Continue reading

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

EURUSD Movement On Friday, EUR rose 0.51% against the USD and closed at 1.2443. The greenback lost ground after the US non-farm pay rolls data rose by 214.0 K in October, lower than market expectations to add 235.0 K non-farm … Continue reading

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