USD/CHF: Swissy trading higher in the Asian session

  On Friday, the USD rose 0.83% against the CHF and closed at 0.9730. In the Asian session, at GMT0300, the pair is trading at 0.9692, with the USD trading 0.39% lower from Friday’s close. The pair is expected to … Continue reading

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USD/JPY: Yen bounces back after Japan’s Economy Minister’s comment

  On Friday, the USD strengthened 1.03% against the JPY and closed at 103.19. In the Asian session, at GMT0300, the pair is trading at 102.69, with the USD trading 0.49% lower from Friday’s close. The Yen rebounded, after Japan’s … Continue reading

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

  On Friday, EUR declined 0.43% against the USD and closed at 1.2828, as dollar strengthened on talks of the Federal Reserve winding down its bond buying program. In economic news, construction output in the Euro-zone continued to decline for … Continue reading

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USD/CAD: Loonie retreated as inflation in Canada slowed; trading tad higher this morning

  On Friday, the USD rose 0.96% against the CAD to close at 1.0284. The Canadian Dollar came under pressure after a report indicated that the nation’s inflation reached to the lowest level since 2009, igniting speculation over a possible … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

  On Friday, the AUD weakened 0.93% against the USD to close at 0.9736. The greenback traded higher as the US leading indicator registered an improvement in May and the preliminary consumer confidence index surged in May. LME Copper prices … Continue reading

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EUR/USD: Euro trading lower in the Asian session

  For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.2883. In the Euro-zone, the expectations for an interest rate cut from the European Central Bank (ECB) increased after French unemployment continued to … Continue reading

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GBP/USD: Pound trading lower in the Asian session

  For the 24 hours to 23:00 GMT, GBP rose 0.26% against the USD and closed at 1.5277. In the Asian session, at GMT0300, the pair is trading at 1.5246, with the GBP trading 0.20% lower from yesterday’s close. The … Continue reading

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USD/JPY: Japanese machinery orders surged in March

  For the 24 hours to 23:00 GMT, the USD weakened 0.10% against the JPY and closed at 102.14. In the Asian session, at GMT0300, the pair is trading at 102.33, with the USD trading 0.19% higher from yesterday’s close. … Continue reading

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USD/CAD: Canadian consumer prices data awaited

  For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.0187. In the Asian session, at GMT0300, the pair is trading at 1.0214, with the USD trading 0.27% higher from yesterday’s close. … Continue reading

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AUD/USD: Aussie trading lower this morning

  For the 24 hours to 23:00 GMT, AUD weakened 0.73% against the USD to close at 0.9825. LME Copper prices are trading flat to $7095.5/MT. Aluminium prices rose 0.1% or $2.00/MT to $1802.5/MT. In the Asian session, at GMT0300, … Continue reading

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

  For the 24 hours to 23:00 GMT, the USD fell marginally against the CHF and closed at 0.9648. In the Asian session, at GMT0300, the pair is trading at 0.9666, with the USD trading 0.19% higher from yesterday’s close. … Continue reading

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