USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement On Friday, the USD strengthened 0.34% against the JPY and closed at 104.05. In economic news, the housing starts in Japan registered a drop of 14.1% in July, on an annual basis, beating market expectations for a fall … Continue reading

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GBP/USD: Pound trading flat this morning, ahead of factory data

GBPUSD Movement On Friday, GBP traded marginally higher against the USD and closed at 1.6597. In economic news, the seasonally adjusted house prices in the UK recorded a rise of 0.8% in August, on a monthly basis, higher than market … Continue reading

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EUR/USD: Euro trading lower, ahead of the crucial Q2 German GDP

EURUSD Movement On Friday, EUR declined 0.33% against the USD and closed at 1.3139, after the recent batch of soft data from the Euro-zone increased speculations that the ECB might introduce additional stimulus measures in the region’s economy. In economic … Continue reading

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USD/JPY: Japan jobless rate edges up in July, while its inflation rate came in line with estimates

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 103.69. In the Asian session, at GMT0300, the pair is trading at 103.7, with the USD trading flat from yesterday’s close. … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.3183. The US dollar gained ground following the release of upbeat GDP and housing data from the US. The Q2 GDP … 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 0.21% against the USD to close at 0.9357. LME Copper prices declined 0.3% or $18.0/MT to $7033.0/MT. Aluminium prices rose 1.22% or $25.5/MT to $2108.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a higher footing this morning, ahead of Q2 GDP numbers

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0858. In economic news, the current account deficit in Canada fell to CAD 11.9 billion in 2Q 2014, more than market … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded tad higher against the CHF and closed at 0.9152. In economic news, the number of employed people in Switzerland rose to a level of 4.196 million on a … Continue reading

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GBP/USD: UK consumer confidence in August turned positive for the second time since March 2005

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6588, on upbeat UK data. The CBI reported that the index of UK retailers climbed to a reading of 37.0 in … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 103.90. Yesterday, Japan’s Vice Economy Minister, Yasutoshi Nishimura, cautioned that the Japanese government needs to be more careful regarding its upcoming … Continue reading

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AUD/USD: Aussie trading on a higher footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened/ strengthened x.xx% against the USD to close at x.xxxx. LME Copper prices declined 0.6% or $45.0/MT to $7051.0/MT. Aluminium prices traded marginally higher or $0.5/MT to $2082.5/MT. In … Continue reading

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