USD/JPY: Japanese Yen trading on a lower footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 102.44. In the Asian session, at GMT0300, the pair is trading at 102.59, with the USD trading 0.14% higher from yesterday’s … Continue reading

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GBP/USD: Interest rate hike would be “limited and gradual”, says Carney

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP weakened 0.72% against the USD and closed at 1.6689, after the Bank of England (BoE) Governor, Mark Carney, in its August inflation report, he won’t rush to raise interest … Continue reading

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EUR/USD: Euro trading lower, ahead of Eurozone & German GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3365, following uninspiring data from the Eurozone. Industrial production in the region unexpectedly fell in June and added to disappointment surrounding … Continue reading

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AUD/USD: Aussie continues its gain in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.06% against the USD to close at 0.9268. LME Copper prices rose 0.2% or $ 15.0/MT to $ 7025.5/MT. Aluminium prices rose 0.4% or $ 8.0/MT to $ … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0926. In the Asian session, at GMT0300, the pair is trading at 1.0925, with the USD trading tad lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of its ZEW’s economic survey

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9074 In the Asian session, at GMT0300, the pair is trading at 0.9078, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading lower following downbeat GDP data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.28 In economic news, Japan’s industrial output fell more than market estimations in June as it recorded a drop of 3.4% … Continue reading

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GBP/USD: Pound trading tad lower, ahead of BoE’s inflation report

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.6810 In the Asian session, at GMT0300, the pair is trading at 1.6804, with the GBP trading a tad lower from … Continue reading

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EUR/USD: Euro losses after a sharp drop in sentiment data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.3369, following downbeat readings on investor sentiment in the Euro-zone and Germany. The common currency also came under pressure as the … Continue reading

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AUD/USD: Australia’s business conditions rose to 4-year high, said NAB

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.14% against the USD to close at 0.9262. LME Copper prices declined 0.1% or $ 9.5 /MT to $ 7010.5 /MT. Aluminium prices rose/declined 0.7% or $ 14.5 … Continue reading

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USD/CAD: Canadian housing starts continue its upward trend in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.0928. CAD gained ground after Canada’s housing starts rose unexpectedly for a fourth straight monthly, as the seasonally adjusted annual rate … Continue reading

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