Monthly Archives: May 2020

AUD/USD: Australia’s performance of manufacturing index fell in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.91% against the USD and closed at 0.6496. LME Copper prices rose 0.9% or $47.0/MT to $5,231.0/MT. Aluminium prices declined 0.2% or $3.5/MT to $1,460.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s GDP remained flat in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.01% against the CAD and closed at 1.3956. On the data front, Canada’s gross domestic product (GDP) remained flat on a monthly basis in February, compared to a … Continue reading

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USD/CHF: Switzerland’s real retail sales unexpectedly declined in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9662. On the data front, Switzerland’s real retail sales unexpectedly fell 5.6% on a yearly basis in March, compared to an … Continue reading

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USD/JPY: Japan’s housing starts declined for the ninth consecutive month in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.71% against the JPY and closed at 107.17. On the data front, Japan’s construction plunged 14.3% on an annual basis in March, compared to a rise of 0.7% … Continue reading

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GBP/USD: British Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.41% against the USD and closed at 1.2584. In the Asian session, at GMT0300, the pair is trading at 1.2564, with the GBP trading 0.16% lower against the … Continue reading

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EUR/USD: Euro-zone’s economy shrunk by the fastest rate in 1Q 2020

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.66% against the USD and closed at 1.0946. On the macro front, Euro-zone’s consumer price index rose 0.4% on a yearly basis in April, beating market expectations for … Continue reading

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