AUD/USD: Australia`s Westpac leading index and CB leading economic index rise in April

  For the 24 hours to 23:00 GMT, AUD weakened 0.95% against the USD to close at 0.9465. LME Copper prices declined 0.7% or $50.0/MT to $6970.5/MT. Aluminium prices rose 0.3% or $5.5/MT to $1795.0/MT. In the Asian session, at … Continue reading

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USD/CAD: Pair trading above its MA’s

  For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0221. In the Asian session, at GMT0300, the pair is trading at 1.0226, with the USD trading marginally higher from yesterday’s close, … Continue reading

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USD/CHF: Swiss Franc moving higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9204. In the Asian session, at GMT0300, the pair is trading at 0.9196, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/JPY: Japanese merchandise trade deficit widens in May

  For the 24 hours to 23:00 GMT, the USD strengthened 1.08% against the JPY and closed at 95.59. On the economic front, Japan’s capacity utilisation rebounded in April, while industrial production dropped more than the preliminary estimate in April. … Continue reading

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GBP/USD: Pound moving tad higher ahead of the BoE minutes

  Despite positive UK economic data GBP fell 0.53% against the USD for the 24 hours to 23:00 GMT and closed at 1.5632, as investors exercised caution ahead of the Federal Reserve’s policy statement. In the UK, the consumer price … Continue reading

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EUR/USD: Euro advanced as German, Euro data met market expectations; trading lower this morning

  For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3394, amid upbeat Euro-zone and German sentiment figures. The European Economic Research (ZEW) indicated that the economic sentiment index in Germany rose to … Continue reading

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AUD/USD: Aussie trading lower after RBA minutes

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9556. LME Copper prices declined 0.3% or $24.50/MT to $7020.5/MT. Aluminium prices rose 1.4% or $26.00/MT to $1789.5/MT. In the Asian session, at … Continue reading

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USD/CHF: Swissy trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9225. In the Asian session, at GMT0300, the pair is trading at 0.9232, with the USD trading marginally higher from yesterday’s close. … Continue reading

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USD/CAD: Loonie reverses its direction in the Asian session

  For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0190. Economic news indicated that foreign investors made a net investment in Canadian securities worth C$14.91 billion in April, more than the … Continue reading

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USD/JPY: Pair converging with its MA’s

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 94.57, after the New York manufacturing index jumped to a reading of 7.84 in June, against the expected reading of zero and … Continue reading

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GBP/USD: Pound trading tad lower; String of UK economic data eyed by investors later today

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5717. Losses in the pound were limited as Rightmove indicated that UK house prices increased for a sixth consecutive month in June. In … Continue reading

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