USD/CHF: Swiss Franc trading lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.8914. In the Asian session, at GMT0400, the pair is trading at 0.8934, with the USD trading 0.22% higher from yesterday’s … Continue reading

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USD/JPY: Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 105.35. The US Dollar gained momentum after the release of upbeat US consumer confidence data and continued improvement in the Standard … Continue reading

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GBP/USD: Pound edges higher ahead of UK manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.6578, amid optimism that the UK economy would continue improve further in 2014. In economic news on Tuesday, the UK’s Lloyds business … Continue reading

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EUR/USD: Euro trading lower ahead of Euro-zone manufacturing PMI release

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3766, amid passive trading with most investors limiting their trades on account of a holiday. On Tuesday, consumer confidence in the US … Continue reading

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AUD/USD: Australian private sector credit witnesses modest growth

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.78% against the USD to close at 0.8922. LME Copper prices rose 0.2% or $12.0/MT to $ 7387.0/MT. Aluminium prices rose 1.0% or $17.5/MT to $ 1771.0/MT. In the … Continue reading

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USD/CAD: Loonie trading below its MA’s

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.60% against the CAD to close at 1.0645, after data showed that pending home sales in the US rose less-than-expected in November. In the Asian session, at GMT0400, … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.8874. In the Asian session, at GMT0400, the pair is trading at 0.8881, with the USD trading 0.08% higher from yesterday’s … Continue reading

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USD/JPY: Yen trading tad lower in the wake of national holiday

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 104.93, after a disappointing report on US pending home sales. The pending home sales data rose for the first time in … Continue reading

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GBP/USD: Pound trading lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.08% against the USD and closed at 1.6493. The US Dollar fell after the economic data showed that the pending US home sales came in below expectations, a result … Continue reading

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EUR/USD: Low-interest rates cannot continue forever, indicated Germany Finance Minister

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.3808. The US Dollar lost momentum, on the back of disappointing pending US home sales data. According to the National Association of … Continue reading

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AUD/USD: Aussie trading tad lower this morning

AUDUSD Movement On Friday, the AUD weakened 0.19% against the USD to close at 0.8868. LME Copper prices rose 0.4% or $29.0/MT to $ 7280.0/MT. Aluminium prices declined 0.5% or $8.0/MT to $ 1710.0/MT. In the Asian session, at GMT0400, … Continue reading

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