USD/JPY: BoJ’s Kuroda welcomes a positive Yen

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.15% against the JPY and closed at 106.01. The Japanese currency gained ground after, Japan’s machine tool orders advanced 34.7% on an annual basis in September, after it … Continue reading

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GBP/USD: ILO unemployment rate in Britain eased to 6-year low

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.65% against the USD and closed at 1.5995, after the UK’s ILO unemployment rate dropped to 6.0%, marking its lowest level since October 2008, for the three months … Continue reading

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EUR/USD: Euro extends its gains, ahead of the Euro-zone CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.38% against the USD and closed at 1.2819. On the macro front, Germany’s final consumer price index (CPI) advanced 0.8% on an annual basis in September, at par … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.56% against the USD to close at 0.8709. LME Copper prices declined 0.32% or $21.5/MT to $6780.5/MT. Aluminium prices rose 0.29% or $5.5/MT to $1909.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.96% against the CAD to close at 1.1302. Yesterday, the Canadian Finance Minister Joe Oliver stated that the subdued growth along with deflation threats in the Euro-zone would … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Swiss ZEW survey data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CHF and closed at 0.9546. In economic news, producer and import prices in Switzerland eased 0.1% on a monthly basis in September, following a drop … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.22% against the JPY and closed at 107.25. In the Asian session, at GMT0300, the pair is trading at 107.08, with the USD trading 0.16% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of the UK’s unemployment rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.13% against the USD and closed at 1.5891, after consumer price index in the UK remained flat on a monthly basis in September, registering its lowest rate since … Continue reading

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EUR/USD: Euro extends its losses, ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.2645, after Germany’s ZEW indicator of economic sentiment declined for the 10th consecutive month to a reading of -3.6 in October, … 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 1.16% against the USD to close at 0.8758. Yesterday, the RBA Assistant Governor, Guy Debelle stated that the Australian Dollar still remained “over-priced” and thus the exchange rate … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CAD to close at 1.1195. In the Asian session, at GMT0300, the pair is trading at 1.1198, with the USD trading marginally higher … Continue reading

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