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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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USD/CHF: Swiss Franc trading marginally higher this morning
For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.9073. In Switzerland, the KOF Swiss Economic Institute reported that its employment indicator rose to a reading of 1.8 in the second quarter … Continue reading
Posted in USD/CHF
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USD/JPY: Greenback weakened amid poor US economic data
For the 24 hours to 23:00 GMT, USD weakened 0.53% against the JPY and closed at 79.90, on poor US economic data. In the US, the Chicago Purchasing Managers’ Index fell to 56.2 in April, compared to 62.2 in … Continue reading
Posted in USD/JPY
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GBP/USD: Pound fell on Spain debt woes, continues to trade lower this morning
For the 24 hours to 23:00 GMT, GBP fell 0.25% against the USD and closed at 1.6234, as lingering worries about the Spain’s debt crisis weighed on investors’ sentiments. In the Asian session, at GMT0300, the pair is trading … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading flat as Spain re-enters recession
For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3241. The Euro initially traded lower, amid reports that indicated that Spanish economy returned to recession in the first quarter of 2012. Additionally, … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie trading lower this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.95% against the USD, on Friday, to close at 1.0461, after disappointing data on US first quarter growth added to expectations that the Federal Reserve may implement fresh easing measures. … Continue reading
Posted in AUD/USD
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USD/CAD: Steady this morning
For the 24 hours to 23:00 GMT, USD declined 0.55% against the CAD, on Friday, to close at 0.9809, following the release of weaker-than-forecast US first quarter growth data, while expectations for higher interest rates buoyed the Canadian Dollar. … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc rallied amid improved Swiss leading indicator
For the 24 hours to 23:00 GMT, USD declined 0.45% against the CHF, on Friday, and closed at 0.9074. The Swiss Franc gained after Swiss KOF leading indicator rose to 0.40 in April, compared to 0.09 in previous month, … Continue reading
Posted in USD/CHF
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USD/JPY: Yen continues to trade higher in Asian session
For the 24 hours to 23:00 GMT, USD weakened 0.86% against the JPY, on Friday, and closed at 80.36. The Bank of Japan, on Friday, increased the size of its asset purchase program by about ¥5.0 trillion to ¥70 … Continue reading
Posted in USD/JPY
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GBP/USD: Pound continues to trade higher
For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD, on Friday, and closed at 1.6260, after weaker-than-expected first-quarter economic growth data in the US dampened demand for the greenback. The Pound remained supported by speculation … Continue reading
Posted in GBP/USD
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EUR/USD: Euro rose on successful Italian bond auction, trading flat this morning
For the 24 hours to 23:00 GMT, EUR rose 0.43% against the USD, on Friday, and closed at 1.3239, after a successful Italian bond auction, while renewed expectations for further easing measures by the Federal Reserve weighed broadly on … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie continues to trade higher in Asian session
For the 24 hours to 23:00 GMT, AUD strengthened 0.06% against the USD to close at 1.0363. In the US, the initial jobless claims declined to 388,000 for week ended 21st April, from 389,000 in previous week. Market was … Continue reading
Posted in AUD/USD
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