USD/JPY: Bank of Japan boosts Stimulus

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.48% against the JPY and closed at 109.31. On the macro front, Japan’s vehicle production slid 2.6% on an annual basis in September after registering a fall of … Continue reading

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GBP/USD: Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5995. In economic news, the UK Nationwide house prices unexpectedly rose 0.5% on a monthly basis in October, higher than market … Continue reading

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EUR/USD: Euro trading marginally lower ahead of the Euro-zone’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2608, after Germany’s CPI eased 0.3% on a monthly basis in October, higher than market expected drop of 0.1%. The index … 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 weakened 0.71% against the USD to close at 0.8790, amid a broad strengthening in the greenback. LME Copper prices declined 0.07% or $4.5/MT to $6855.0/MT. Aluminium prices rose 1.08% … Continue reading

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USD/CAD: Canada’s economic growth at risk if low oil prices persists said the BoC’s Governor

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.1187. Yesterday, the BoC Governor, Stephen Poloz warned that if oil prices continue to fall the central bank would be forced … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of the UBS consumption and KOF leading indices data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CHF and closed at 0.9545. In the Asian session, at GMT0400, the pair is trading at 0.9559, with the USD trading 0.15% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen extends its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.63% against the JPY and closed at 108.79, after the Fed agreed to end its third and final round of quantitative easing program, at its recently concluded monetary … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.75% against the USD and closed at 1.6013, after the UK mortgage approvals dropped more than expected to 61.3 K, marking its lowest level since July 2013 and … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.2638. The US Dollar traded higher after the Fed at its monthly monetary policy meeting agreed to end its asset-buying program … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.65% against the USD to close at 0.8853. LME Copper prices rose 0.87% or $59.0/MT to $6859.5/MT. Aluminium prices rose 1.38% or $27.0/MT to $1990.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains ahead of the BoC’s Governor speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CAD to close at 1.1170, following downbeat durable goods orders data from the US. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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