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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.62% against the USD and closed at 1.6620, after downbeat inflation data in the UK. On an annual basis, consumer price index in the UK dropped unexpectedly to … Continue reading

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AUD/USD: Aussie extends its gains this morning, ahead of Glenn Stevens’ speech

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded tad higher against the USD to close at 0.9321. LME Copper prices rose 0.8% or $57.5/MT to $6910.0/MT. Aluminium prices rose 0.8% or $15.0/MT to $1995.0/MT. In the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.0891. In economic news, foreign investors turned net seller of C$ 1.07 billion worth of Canadian securities in June, from … Continue reading

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USD/CHF: Swiss Franc continues with its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9067. In the Asian session, at GMT0300, the pair is trading at 0.9070, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session, ahead of machine tool orders

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 102.63. In the Asian session, at GMT0300, the pair is trading at 102.62, with the USD trading tad lower from yesterday’s … Continue reading

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GBP/USD: Pound trading lower, ahead of UK inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded tad higher against the USD and closed at 1.6724. In economic news, the BRC reported that shopper numbers in the UK declined by 0.6% in July, compared to … Continue reading

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EUR/USD: Euro continues with its losses this morning, after Moody’s cautions France against missing deficit target

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.3361, after Moody’s warned that France is likely to miss its fiscal targets in 2014 and 2015 because of significant growth … Continue reading

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AUD/USD: Aussie trading flat in the Asian session

AUDUSD Movement On Friday, the AUD traded marginally higher against the USD to close at 0.9319. LME Copper prices declined 0.5% or $ 34.0/MT to $ 6852.5/MT. Aluminium prices declined 1.2% or $ 25.0/MT to $ 1980.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie continues with its gain in the Asian session

USDCAD Movement On Friday, the USD declined 0.11% against the CAD to close at 1.0894, following upbeat labour data from Canada. The unemployment rate in Canada unexpectedly dropped to a level of 7.0% in July, lower than market estimations for … Continue reading

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USD/CHF: Loonie trading below its MA’s

USDCHF Movement On Friday, the USD declined 0.34% against the CHF and closed at 0.9036. In the Asian session, at GMT0300, the pair is trading at 0.9027, with the USD trading 0.1% lower from Friday’s close. The pair is expected … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement On Friday, the USD weakened 0.09% against the JPY and closed at 102.39. In the Asian session, at GMT0300, the pair is trading at 102.28, with the USD trading 0.11% lower from Friday’s close. The pair is expected … Continue reading

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