AUD/USD: Aussie extends gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.80% against the USD to close at 0.9019. LME Copper prices declined 1.0% or $70.5/MT to $7120.0/MT. Aluminium prices edged down 0.1% or $1.0/MT to $1671.0/MT. In the … Continue reading

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USD/CAD: Loonie trading higher amid lack of economic data from Canada

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.1012. In the Asian session, at GMT0400, the pair is trading at 1.0999, with the USD trading 0.12% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading marginally lower ahead of Switzerland’s consumer inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.8984. In the Asian session, at GMT0400, the pair is trading at 0.8985, with the USD trading tad higher from yesterday’s … Continue reading

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USD/JPY: Additional easing measure negative for Japan, hints BoJ’s Takahide Kiuchi

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 102.53, after the Fed Chef, Janet Yellen assured that the central bank at present would not change the pace of tapering … Continue reading

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GBP/USD: Pound trading marginally higher ahead of BoE inflation report

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.26% against the USD and closed at 1.6448. However the gains in the UK Pound were capped as the US Dollar advanced after the Fed Chief, Janet Yellen hinted … Continue reading

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EUR/USD: Fed Chief, Janet Yellen indicates a continuation in tapering of stimulus measures

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.06% against the USD and closed at 1.3637. The US Dollar advanced against the single currency after Janet Yellen, in her first testimony before the Congress as the Fed’s … Continue reading

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EUR/USD: ECB should act to ensure that low inflation in the region rises to its 2% target, suggests EU’s Olli Rehn

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3646, as traders cheered an upbeat Euro-zone Sentix investor confidence data, which revealed a reading of 13.3 in February, the highest level … Continue reading

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AUD/USD: Aussie trading higher this morning, following yesterday’s steady move

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD ended the day flat against the USD to close at 0.8945. LME Copper prices declined 0.1% or $9.5/MT to $7190.5/MT. Aluminium prices fell 0.4% or $6.0/MT to $1672.0/MT. In the … Continue reading

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USD/CAD: Weaker loonie to foster Canada’s economic growth, says BoC’s Deputy Governor, Murray

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.1058. The Canadian Dollar gave up ground against the US Dollar after data showed that, on a seasonally adjusted annual basis, … Continue reading

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USD/CHF: Unemployment in Switzerland remained unchanged at 3.2% in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.8967. In Switzerland, an official report revealed that, on a seasonally adjusted monthly basis, unemployment rate in the nation stood unchanged … Continue reading

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USD/JPY: Yen trading lower in a holiday-thin session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 102.14, as traders refrained from taking major bets in the US Dollar ahead of the Fed Chief, Janet Yellen’s testimony, due … Continue reading

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