Monthly Archives: June 2017

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.94% against the CAD and closed at 1.3319. The Canadian Dollar gained ground, after hawkish comments by a senior Bank of Canada (BoC) official sparked hopes that the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9688. In economic news, Switzerland’s total sight deposits inched up to a level of CHF576.4 billion in the week ended 09 … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the JPY and closed at 109.85. On the data front, Japan’s flash machine tool orders rose 24.4% on an annual basis in May, after recording a … Continue reading

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GBP/USD: Election result threatens UK’s credit rating: Moody’s and S&P

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2669, as investors were still spooked by the outcome of last week’s snap election in the UK that resulted in a … Continue reading

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EUR/USD: Euro trading lower, ahead of the ZEW survey data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1201. In economic news, French business sentiment index remained unchanged at a level of 105.0 in May, at par with market … Continue reading

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Crude Oil: Oil trading on stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.33% against the USD and closed at USD45.85 per barrel on Friday, on reports of a pipeline stoppage in Nigeria that eased some fears of a global … Continue reading

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Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.15% against the USD and closed at USD17.20 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.16, … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.58% against the USD and closed at USD1272.70 per ounce on Friday, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1269.60, … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7529 on Friday. LME Copper prices rose 1.6% or $91.5/MT to $5739.0/MT. Aluminium prices declined 0.05% or $1.0/MT to $1901.5/MT. In … Continue reading

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USD/CAD: Canadian unemployment rate hits 6.6% in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.3466 on Friday. Macroeconomic data revealed that Canada’s unemployment rate rose to 6.6% in May, meeting market expectations. In the previous … Continue reading

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USD/CHF: Swiss Franc trading marginally higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9691 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9686, with the USD trading slightly lower … Continue reading

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