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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CAD to close at 1.0979. The Canadian Dollar came under pressure, as housing starts in Canada fell more than expected, dropping 192,400 units in … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9330. In the Asian session, at GMT0300, the pair is trading at 0.9338, with the USD trading 0.09% higher from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.19% against the JPY and closed at 106.20. The Japanese Yen lost ground after the consumer confidence index in Japan unexpectedly eased to 41.2 in August, lower than … Continue reading

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GBP/USD: NIESR raised its UK GDP estimates for the three months to August.

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6108, following upbeat data from the UK. The industrial production in the UK expanded in July, marking its fastest pace in … Continue reading

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EUR/USD: Euro reverses its gains this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2936, after the EU delayed its fresh sanctions against Russia, Europe’s biggest trading partner. Elsewhere, in France, the trade deficit narrowed … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.9278, amid a broad strength in the greenback. LME Copper prices rose 0.97% or $ 67.5/MT to $ 7040.5/MT. Aluminium prices … Continue reading

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USD/CAD: Loonie trading lower, ahead of the housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.85% against the CAD to close at 1.0978 despite better than expected housing market data in Canada. In economic news, building permits in Canada, recorded an unexpected rise … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9353. The Swiss Franc came under pressure, after retail sales in Switzerland fell unexpectedly at an annualized rate of 0.6% in … Continue reading

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USD/JPY: Japanese Yen trading lower, ahead of Consumer Confidence data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.75% against the JPY and closed at 106.00. In economic news, the Eco Watchers Survey index for the current situation in Japan fell to a level of 47.4 … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.73% against the USD and closed at 1.6095, as house prices in the UK rose less than expected in August, raising concerns over the health of the housing … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.2898, as the Sentix investor confidence in the Euro-region deteriorated in September. The investor confidence index in the Euro-zone recorded a … Continue reading

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