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AUD/USD: Increased risk aversion weighs on the Aussie Dollar
For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 0.9936, as Greece’s failure to form a new government raised speculation that it may leave the Euro-zone, reducing demand for riskier assets. In the … Continue reading
Posted in AUD/USD
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USD/CAD: Losses in the Canadian Dollar continues in morning session
For the 24 hours to 23:00 GMT, USD rose 0.41% against the CAD to close at 1.0068, as risk aversion rose among investors following political turmoil in Greece. Initially, the Canadian Dollar rose after existing home sales in Canada rose … Continue reading
Posted in USD/CAD
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USD/JPY: Yen trading lower after Japan machine orders declined in March; Japan GDP data awaited
For the 24 hours to 23:00 GMT, USD strengthened 0.46% against the JPY and closed at 80.23. On the economic front, consumer confidence index, in Japan, dropped slightly to a reading of 40.0 in April, from a reading of 40.3 … Continue reading
Posted in USD/JPY
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USD/CHF: US dollar continues its rising trend
For the 24 hours to 23:00 GMT, USD rose 0.73% against the CHF and closed at 0.9431. In the US, advance retail sales rose 0.1% in April, compared to a 0.7% growth in March, making it slowest pace rise of … Continue reading
Posted in USD/CHF
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GBP/USD: Continues to lose steam in the Asian session
For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5993, after goods trade deficit in the UK narrowed to £8.56 billion in March, from £8.59 billion in February. Economists had expected the goods … Continue reading
Posted in GBP/USD
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EUR/USD: Concerns over Grexit continues to weigh on the Euro
For the 24 hours to 23:00 GMT, EUR declined 0.72% against the USD and closed at 1.2737, after Greece called for a new election as political leaders in the nation failed to form a ruling coalition, raising probability of Greece … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie trading lower after RBA minutes
For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 0.9970, amid rising fears that Greece may exit from Europe’s currency union, reducing demand for riskier assets. In the Asian session, at GMT0300, the … Continue reading
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USD/CAD: Greenback strengthened amid Greece jitters
For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 1.0026, as political and economic uncertainty in Greece prompted investors to move to safer assets. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in USD/CAD
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USD/CHF: Swissy trading above its MA’s
For the 24 hours to 23:00 GMT, USD rose 0.51% against the CHF and closed at 0.9363. In Switzerland, the producer and import price index fell 0.1% (MoM) in April, compared to a 0.3% rise in March, and against the … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading flat, a series of Japan economic data awaited today
For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 79.87. In the Asian session, at GMT0300, the pair is trading at 79.87, with the USD trading flat from yesterday’s close. The pair is … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading steady ahead of UK trade balance data
For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.6100. In the Asian session, at GMT0300, the pair is trading at 1.6093, with the GBP trading steady from yesterday’s close. The pair is … Continue reading
Posted in GBP/USD
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