USD/CHF: Switzerland’s KOF economic barometer dropped more-than-forecasted in October

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 1.0053. On the data front, Switzerland’s KOF economic barometer declined to a level of 100.1 in October, more than market expectations … Continue reading

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USD/JPY: BoJ kept its benchmark interest rate unchanged

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the JPY and closed at 113.07. On the macro front, Japan’s preliminary industrial production retreated 2.9% on a yearly basis in September, compared to a rise … Continue reading

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GBP/USD: Britain’s Gfk consumer confidence dipped in October, while Lloyds Bank business barometer declined in the same month

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.73% against the USD and closed at 1.2706, amid mounting worries over “no-deal” Brexit. Macroeconomic data revealed that UK’s Gfk consumer confidence slid to a level of -10.0 … Continue reading

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EUR/USD: Euro-zone’s economy expanded at its weakest pace in 4-years in 3Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1344, as Euro-zone’s third quarter GDP growth slowed and economic confidence deteriorated, triggering fears over the region’s economic growth prospects. In … Continue reading

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.42% against the USD and closed at USD66.65 per barrel, after Russia signalled that output will remain high and as ongoing weakness in global equity markets raised … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.60% against the USD and closed at USD14.48 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.52, with silver … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.40% against the USD and closed at USD1231.80 per ounce, amid broad strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at 1229.60, … Continue reading

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AUD/USD: Australia’s building approvals rebounded in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.7059. LME Copper prices rose 1.6% or $101.0/MT to $6260.0/MT. Aluminium prices rose 0.9% or $19.5/MT to $1980.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3132. In the Asian session, at GMT0400, the pair is trading at 1.3111, with the USD trading 0.16% lower against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 1.0018. In economic news, Switzerland’s total sight deposits rose to a level of CHF578.0 billion in the week ended 26 October, … Continue reading

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USD/JPY: Japan’s unemployment rate surprisingly declined in September

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 112.36. Macroeconomic data revealed that Japan’s unemployment rate unexpectedly slid to 2.3% in September, hitting its lowest rate since early 1990s … Continue reading

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