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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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EUR/USD: Euro fell on poor economic data and uncertainty surrounding France
For the 24 hours to 23:00 GMT, EUR declined 0.35% against the USD and closed at 1.3154, on a downbeat Euro-zone economic data. Euro was also pressurized by political uncertainty in Netherlands and France. Separately, Bank of Spain stated … Continue reading
Posted in EUR/USD
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AUD/USD: Australia Dollar trading lower this morning, amid downbeat PPI data
For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD, on Friday, to close at 1.0377. In the Asian session, at GMT0300, the pair is trading at 1.0344, with the AUD trading 0.32% lower from Friday’s … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie rallied following IMF comments, trading lower this morning
For the 24 hours to 23:00 GMT, USD declined 0.28% against the CAD, on Friday, to close at 0.9922. Canadian dollar rose against greenback, as positive comments from IMF, spurred investors’ risk appetite. Separately, Bank of Canada (BoC) Governor, … Continue reading
Posted in USD/CAD
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USD/CHF: Pair trading between its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.60% against the CHF, on Friday, and closed at 0.9092. In the Asian session, at GMT0300, the pair is trading at 0.9111, with the USD trading 0.21% higher from Friday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Yen continues its northward journey
For the 24 hours to 23:00 GMT, USD weakened 0.20% against the JPY, on Friday, and closed at 81.52. In the Asian session, at GMT0300, the pair is trading at 81.28, with the USD trading 0.28% lower from Friday’s … Continue reading
Posted in USD/JPY
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GBP/USD: Pound traded higher on Friday, amid strong UK retail sales data
For the 24 hours to 23:00 GMT, GBP rose 0.35% against the USD, on Friday, and closed at 1.6117, after reports showed that retail sales in the UK rose better-than-expected in March. On a monthly basis, retail sales rose … Continue reading
Posted in GBP/USD
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EUR/USD: Euro strengthened on positive German economic data and IMF comments, trading lower this morning
For the 24 hours to 23:00 GMT, EUR rose 0.54% against the USD, on Friday, and closed at 1.3214, amid an upbeat German economic data and reassuring comments from the International Monetary Fund. Investor’s risk sentiment received a lift, … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie weakened amid disappointing Australian export and import data
For the 24 hours to 23:00 GMT, AUD weakened 0.11% against the USD to close at 1.0342. In the Asian session, at GMT0300, the pair is trading at 1.0327, with the AUD trading 0.15% lower from yesterday’s close. In … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie fell on weak US jobs data
For the 24 hours to 23:00 GMT, USD rose 0.39% against the CAD to close at 0.9950. Loonie fell as a downbeat US jobless data raised concerns about US economic growth, dampening demand for high-yielding assets. The Canadian Dollar … Continue reading
Posted in USD/CAD
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USD/CHF: Pair trading below its MA’s
For the 24 hours to 23:00 GMT, USD declined 0.15% against the CHF and closed at 0.9147. In the Asian session, at GMT0300, the pair is trading at 0.9147, with the USD trading flat from yesterday’s close. The pair … Continue reading
Posted in USD/CHF
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USD/JPY: Yen declined on speculation for monetary easing by BoJ
For the 24 hours to 23:00 GMT, USD strengthened 0.44% against the JPY and closed at 81.68. Yen traded lower, after Bank of Japan (BoJ) Governor, Masaaki Shirakawa comments that he is ‘committed’ to additional monetary easing. The Yen … Continue reading
Posted in USD/JPY
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