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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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AUD/USD: Aussie trading tad higher in the Asian session
For the 24 hours to 23:00 GMT, AUD fell marginally against the USD to close at 1.0544, as disappointing unemployment data fuelled speculation that the Reserve Bank of Australia might resume interest rate cut in its monetary policy meeting … Continue reading
Posted in AUD/USD
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USD/JPY: Yen cuts losses on the BoJ Governor’s remarks
For the 24 hours to 23:00 GMT, the USD strengthened 0.71% against the JPY and closed at 99.69. In the Asian session, at GMT0300, the pair is trading at 99.59, with the USD trading marginally lower from yesterday’s close. … Continue reading
Posted in USD/JPY
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GBP/USD: Sterling trading tad higher against the greenback
For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5324. In the Asian session, at GMT0300, the pair is trading at 1.5329, with the GBP trading marginally higher from yesterday’s close. The … Continue reading
Posted in GBP/USD
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EUR/USD: Euro lower on mixed industrial production data; trading tad higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3052. The Euro was hit by mixed industrial production data across the Europe. Industrial output in France rose 0.7% (MoM) in February, compared … Continue reading
Posted in EUR/USD
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USD/CHF: Swissy trading tad higher in the Asian session
For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9334. In the Asian session, at GMT0300, the pair is trading at 0.933, with the USD trading marginally lower from yesterday’s close. … Continue reading
Posted in USD/CHF
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USD/CAD: House prices data awaited; trading tad lower this morning
For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0149. In the Asian session, at GMT0300, the pair is trading at 1.0151, with the USD trading marginally higher from yesterday’s close. … Continue reading
Posted in USD/CAD
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AUD/USD: Aussie trading lower after appalling jobs data
For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 1.0537. LME Copper prices rose 0.8% or $61.5/MT to $7547.0/MT. Aluminium prices rose 1.0% or $19.5/MT to $1878.0/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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EUR/USD: Euro trading tad higher this morning
For the 24 hours to 23:00 GMT, EUR rose 0.40% against the USD and closed at 1.3081. The Euro crossed the crucial 1.30 level after Germany bounced back with some decent economic data including the trade balance. Trade balance in … Continue reading
Posted in EUR/USD
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GBP/USD: UK economic data, NIESR report provides much needed relief to Sterling investors
For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5322. Industrial production in the UK rose 1.0% (MoM) in February, compared to a 1.3% drop recorded in the previous month, while manufacturing production … Continue reading
Posted in GBP/USD
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USD/JPY: Yen trading tad higher this morning
For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 98.98. In the economic news, machine tool orders in Japan fell 21.6% (MoM) in March, slower than the 26.4% drop recorded in the … Continue reading
Posted in USD/JPY
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USD/CHF: Swiss Franc trading tad lower in the Asian session
For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9324. On the economic front, unemployment rate in Switzerland remained unchanged at 3.1% in March, while consumer prices dropped 0.6% (YoY) in March, … Continue reading
Posted in USD/CHF
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