Monthly Archives: May 2020

USD/CAD: Canada’s unemployment rate rose less-than-expected in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.79% against the CAD and closed at 1.3928 on Friday. On the data front, Canada’s seasonally adjusted Ivey Purchasing Managers’ Index dropped to 22.8 in April, more than … Continue reading

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USD/CHF: Switzerland’s unemployment rate rose in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.77% against the CHF and closed at 0.9712 on Friday. On the macro front, Switzerland’s seasonally adjusted unemployment rate rose to 3.3% in April, in line with market … Continue reading

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USD/JPY: Japan’s Jibun Bank services PMI declined in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.11% against the JPY and closed at 106.72 on Friday. In the Asian session, at GMT0300, the pair is trading at 106.79, with the USD trading 0.07% higher … Continue reading

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GBP/USD: UK’s Halifax house prices dropped in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.78% against the USD and closed at 1.2405 on Friday. On the data front, UK’s Halifax house prices dropped 0.6% on a monthly basis in April, as activities … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.0836 on Friday. On the macro front, Germany’s seasonally adjusted industrial production slumped 9.2% on a monthly basis in March, hitting … Continue reading

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Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.05% against the USD and closed at USD23.77 per barrel, amid concerns over crude oil supply glut and following a rise in US inventories. The Energy Information … Continue reading

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Silver: White metal trading higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.06% against the USD and closed at USD14.98 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.08, with silver trading 0.70% higher against the … Continue reading

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Gold: Yellow metal reverses its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.58% against the USD and closed at USD1686.70 per ounce, amid strength in the greenback and after some countries began reopening their economies. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Australia’s AiG performance of services index tumbled in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.49% against the USD and closed at 0.6387. LME Copper prices rose 1.7% or $88.0/MT to $5,199.5/MT. Aluminium prices climbed 0.3% or $4.5/MT to $1443.0/MT. In the Asian … 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 rose 8.63% against the CAD and closed at 1.4168. In the Asian session, at GMT0300, the pair is trading at 1.4130, with the USD trading 0.27% lower against the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.18% against the CHF and closed at 0.9752. In the Asian session, at GMT0300, the pair is trading at 0.9752, with the USD trading flat against the CHF … Continue reading

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