AUD/USD: Aussie Dollar trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.7570 on Friday. LME Copper prices rose 0.7% or $38.0/MT to $5774.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1868.0/MT. In … Continue reading

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USD/CAD: Canada’s annual inflation came in weaker-than-expected in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3266 on Friday. The Canadian Dollar weakened against the US Dollar, after data indicated that Canada’s consumer price index (CPI) climbed … Continue reading

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USD/CHF: Switzerland’s economic growth will likely slowdown in 2017: KOF Institute

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9694 on Friday. The KOF Economic Institute, in its Summer Forecast, reduced Switzerland’s economic growth forecast to 1.3% for 2017, down … Continue reading

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USD/JPY: Bank of Japan (BoJ) must communicate clearly on policy thinking: BoJ summary of opinions

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 111.26 on Friday. In the Asian session, at GMT0300, the pair is trading at 111.29, with the USD trading a tad … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s BBA mortgage applications data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.2727 on Friday, after the British Prime Minister, Theresa May, offered European Union (EU) citizens the right to stay in the … Continue reading

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EUR/USD: Euro-zone’s manufacturing sector activity accelerated in June, while services sector growth cooled in the same month

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.34% against the USD and closed at 1.1196 on Friday, after the Euro-zone’s flash Markit manufacturing PMI unexpectedly rose to a level of 57.3 in June, expanding at … Continue reading

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AUD/USD: Aussie Dollar trading higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.7541. LME Copper prices rose 1.5% or $86.0/MT to $5736.0/MT. Aluminium prices rose 0.4% or $6.5/MT to $1872.0/MT. In the Asian … Continue reading

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USD/CAD: Canadian retail sales surged in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CAD and closed at 1.3233. The Canadian Dollar gained ground, after Canada’s retail sales rose more-than-anticipated by 0.8% MoM in April, boosting optimism over the … Continue reading

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USD/CHF: Swiss trade surplus rose in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9719. On the economic front, Switzerland trade surplus widened to a level of CHF3.40 billion in May, as exports grew faster … Continue reading

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USD/JPY: Japan’s manufacturing sector growth slowest since November 2016 in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 111.30. Yesterday, the Japanese Government raised its assessment of the economy for the first time in six months, noting that the … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.2679. In economic news, data revealed that UK’s CBI industrial trends total orders surprisingly advanced to a nearly 30-year high level … Continue reading

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