Daily Archives: June 8, 2015

Gold: Yellow metal trading on a stronger footing this morning

Gold Movement On Friday, Gold prices traded lower by 0.45% against the USD in the period ending 21:00GMT, at 1170.90 per ounce, as a stronger than expected US non-farm payroll-figure in May dented the demand for the safe-haven yellow metal. … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement On Friday, the AUD weakened 0.72% against the USD to close at 0.7623. LME Copper prices declined 0.50% or $29.5/MT to $5924.5/MT. Aluminium prices declined 0.24% or $4.0/MT to $1693.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Canadian unemployment rate remained flat at 6.8%

USDCAD Movement On Friday, the USD declined 0.53% against the CAD to close at 1.2440. On the macro front, unemployment rate in Canada remained unchanged at 6.8% in May, in line with market expectations. Meanwhile, the nation added 58.9 K … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement On Friday, the USD rose 0.41% against the CHF and closed at 0.9396, on the back of a strong US non-farm payrolls data in May. In the Asian session, at GMT0300, the pair is trading at 0.9414, with … Continue reading

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USD/JPY: Japan’s Q1 GDP revised sharply higher

USDJPY Movement On Friday, the USD strengthened 0.98% against the JPY and closed at 125.65. Preliminary estimates revealed that Japan’s leading economic indicators index rose to 107.2 in April from 106.0 in the past month. The coincident and the lagging … Continue reading

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GBP/USD: Britain’s inflation expectations slightly edged up

GBPUSD Movement On Friday, the GBP traded 0.52% lower against the USD and closed at 1.5276. On the macro front, consumer inflation expectations in the UK for the next 12 months advanced to 2.20% in May, up from previous month’s … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement On Friday, the EUR declined 0.66% against the USD and closed at 1.1116. In economic news, German factory orders jumped 1.4% MoM in April, beating market expectations for a 0.5% rise and following an increase of 1.1% registered … Continue reading

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