Monthly Archives: August 2018

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9955 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9930, with the USD trading 0.25% lower … Continue reading

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USD/JPY: Japanese yen extends its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the JPY and closed at 110.86 on Friday. In the Asian session, at GMT0300, the pair is trading at 110.14, with the USD trading 0.65% lower … Continue reading

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GBP/USD: Britain’s 2Q GDP growth doubled in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.2769 on Friday. On the data front, Britain’s preliminary gross domestic product (GDP) climbed 0.4% on a quarterly basis in 2Q … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.99% against the USD and closed at 1.1408 on Friday. The US dollar gained ground against the major currencies, after the US President, Donald Trump imposed double tariffs … Continue reading

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Silver: White metal reverses its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.06% against the USD and closed at USD15.44 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.43, with silver trading 0.06% lower against the … Continue reading

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Gold: Yellow metal trading a tad lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.11% against the USD and closed at USD1220.10 per ounce. In the Asian session, at GMT0300, the pair is trading at 1219.90, with gold trading slightly lower against the … 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 0.82% against the USD and closed at 0.7370. LME Copper prices rose 2.2% or $134.0/MT to $6247.0/MT. Aluminium prices rose 4.5% or $91.5/MT to $2118.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s housing starts fell more than market expectations in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3051. Macroeconomic data revealed that Canada’s seasonally adjusted housing starts declined to a level of 206.3K in July, compared to a … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained steady in July

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9940. On the macro front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at a rate of 2.6% in July, marking its … Continue reading

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USD/JPY: Japan’s economy returns to growth in second quarter

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the JPY and closed at 111.15. Data indicated that Japan’s flash machine tool orders surged 13.0% on an annual basis in July, following an advance of … Continue reading

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GBP/USD: Sterling trading on stronger footing in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.47% against the USD and closed at 1.2823. In the Asian session, at GMT0300, the pair is trading at 1.2830, with the GBP trading 0.05% higher against the … Continue reading

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