Monthly Archives: June 2020

AUD/USD: Australia’s retail sales rebounded in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.6858. LME Copper prices rose 1.1% or $65.0/MT to $5,799.0/MT. Aluminium prices climbed 0.6% or $9.0/MT to $,1586.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s new house prices edged up in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3596. On the macro front, Canada’s new housing price index rose 0.1% on a monthly basis in May, less than market … Continue reading

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USD/CHF: SNB expects worst Swiss economic contraction in over five decades

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9514. Data showed that Switzerland’s trade surplus narrowed to CHF2.8 billion in May, amid plunge in watch exports and compared to … Continue reading

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USD/JPY: Japanese Yen trading higher in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the JPY and closed at 106.96. In the Asian session, at GMT0300, the pair is trading at 106.92, with the USD trading marginally lower against the … Continue reading

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GBP/USD: BoE increases its quantitative easing programme

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.04% against the USD and closed at 1.2426, after the Bank of England (BoE) increased its bond-buying programme by £100 billion to bolster the coronavirus-hit economy. The BoE, … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1209. In the US, the Philadelphia Fed manufacturing index surged to 27.5 in June, surpassing market forecast for a rise to … Continue reading

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Crude Oil: Oil extends its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.29% against the USD and closed at USD37.65 per barrel, after the Energy Information Administration (EIA) reported that crude oil inventories rose by 1.2 million barrels to … 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 0.37% against the USD and closed at USD17.70 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.69, with silver trading 0.08% 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 slightly rose against the USD and closed at USD1735.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 1735.00, with gold trading marginally lower against the … Continue reading

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AUD/USD: Australia’s unemployment rate climbed in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.6884. LME Copper prices declined 0.4% or $25.5/MT to $5,734.0/MT. Aluminium prices rose 0.3% or $4.0/MT to $1,577.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s consumer price index fell in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.03% against the CAD and closed at 1.3568. On the data front, Canada’s consumer price index fell 0.4% on a yearly basis in May, compared to a drop … Continue reading

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