GBP/USD: Unemployment rate in the UK fell to the lowest level since 2008

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally lower against the USD and closed at 1.6250, ahead of the outcome of the Scottish independence referendum. In economic news, the ILO unemployment rate in the UK … Continue reading

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EUR/USD: Euro trading higher, ahead of the ECB’s TLTRO allotment

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.90% against the USD and closed at 1.2837, after consumer price inflation in the Euro-zone remained below the ECB’s target of near but below 2%, despite introducing additional … Continue reading

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AUD/USD: Aussie reverses its gains this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.9080, following the People’s Bank of China’s decision to introduce quantitative easing measures in China, Australia’s biggest trading partner. LME Copper … Continue reading

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USD/CAD: Loonie trading stronger this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CAD to close at 1.0980. The CAD gained ground, after the Canadian manufacturing shipments rose 2.5%, a record-high on a monthly basis in July, beating … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of the ZEW survey

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9331. In the Asian session, at GMT0300, the pair is trading at 0.9328, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen continues its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the JPY and closed at 107.17. The BoJ Governor, Haruhiko Kuroda, indicated that the Japanese economy continues to recover moderately and further added that central … Continue reading

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GBP/USD: Pound trading higher, ahead of the BoE’s minutes

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.6257, after the consumer prices in the UK rebounded strongly in August and registered a rise of 0.4%, on a monthly … Continue reading

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.2953, after the ZEW economic sentiment index in Germany, Euro-zone’s biggest economy, dropped lesser than expected to 6.9 in September, compared … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.9029. LME Copper prices declined 0.09% or $6.0/MT to $6850.0/MT. Aluminium prices declined 2.49% or $50.0/MT to $1958.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading stronger, ahead of the BoC’s Poloz speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.1054, following dismal economic data from the US. The CAD gained ground after Canada’s existing home sales climbed 1.8%, on a … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9356. In economic news, the producer and import price index in Switzerland unexpectedly dropped 0.2%, on a monthly basis, in August, … Continue reading

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