EUR/USD: EU cuts economic forecasts for the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1274, after the European Commission downgraded its 2020 growth forecast for the euro area. The European Commission forecasted that the Euro-area … Continue reading

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AUD/USD: Australia’s AiG performance of services index fell in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.6977. LME Copper prices rose 1.5% or $89.5/MT to $6,112.0/MT. Aluminium prices climbed 0.7% or $11.5/MT to $1,593.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3538. In the Asian session, at GMT0300, the pair is trading at 1.3549, with the USD trading 0.08% higher against the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9420. In the Asian session, at GMT0300, the pair is trading at 0.9426, with the USD trading 0.06% higher against the … Continue reading

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USD/JPY: Japan’s overall household spending dropped at its fastest pace in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the JPY and closed at 107.35. In the Asian session, at GMT0300, the pair is trading at 107.37, with the USD trading marginally higher against the … Continue reading

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GBP/USD: UK’s construction activity grows at fastest pace in nearly two years

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.2494, after UK’s construction sector activity rebounded. On the data front, UK’s Markit construction PMI advanced at its fastest pace in … Continue reading

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EUR/USD: Euro-zone’s investor confidence improved for the third straight month in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1313. On the macro front, Euro-zone’s Sentix investor confidence rose to -18.2 in July, less than market expectations for rise to … Continue reading

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AUD/USD: Aussie trading higher ahead of RBA’s rate decision

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.6942 on Friday. LME Copper prices declined 2.0% or $58.0/MT to $6,022.5/MT. Aluminium prices fell 1.3% or $20.0 /MT to $1,581.5 … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3554 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3544, with the USD trading 0.07% lower … Continue reading

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USD/CHF: Swiss Franc extends its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9448 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9434, with the USD trading 0.15% lower … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 107.49 on Friday. In the Asian session, at GMT0300, the pair is trading at 107.68, with the USD trading 0.18% higher … Continue reading

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