USD/CAD: Loonie trading flat in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD and closed at 1.3402. In the Asian session, at GMT0300, the pair is trading at 1.3402, with the USD trading flat against the CAD … Continue reading

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USD/CHF: OECD expects Switzerland’s economic growth to slow in 2019

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 1.0110. In economic news, Switzerland’s M3 money supply climbed 3.5% on an annual basis in April, compared to a revised rise … Continue reading

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USD/JPY: OECD trims Japan’s growth forecast for 2019 and 2020

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the JPY and closed at 110.56. The Paris-based international organization (OECD) slashed Japan’s growth forecast for 2019 to 0.7% from 0.8% and to 0.6% from 0.7% … Continue reading

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GBP/USD: OECD upgrades Britain’s 2019 economic growth forecast

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.18% against the USD and closed at 1.2704, after Chancellor, Philip Hammond, warned over the potential impact of no-deal Brexit on the economy. The OECD increased UK’s economic … Continue reading

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EUR/USD: OECD raises Euro-zone’s growth forecast to 1.4% in 2020

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1164. On the macro front, the Euro-zone’s flash consumer confidence index advanced to a 7-month high level of -6.5 in May, … Continue reading

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Crude Oil: Oil trading marginally lower, ahead of API’s weekly inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.42% against the USD and closed at USD63.30 per barrel, amid worries about a slowdown in energy demand. In the Asian session, at GMT0300, the pair is … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.21% against the USD and closed at USD14.44 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.43, with silver … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.06% against the USD and closed at USD1277.50 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1275.70, with gold … Continue reading

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AUD/USD: RBA to slash interest rates, minutes indicate

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.6910. LME Copper prices declined 0.7% or $40.0/MT to $5985.0/MT. Aluminium prices declined 3.5% or $64.0/MT to $1786.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3429. In the Asian session, at GMT0300, the pair is trading at 1.3425, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 1.0084. On the macro front, Switzerland’s total sight deposits rose to a level of CHF578.3 billion in the week ended 17 … Continue reading

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