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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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GBP/USD: Trading flat this morning
For the 24 hours to 23:00 GMT, GBP rose 0.33% against the USD and closed at 1.5996. In the Asian session, at GMT0300, the pair is trading at 1.5999, with the GBP trading flat from yesterday’s close. The pair is … Continue reading
Posted in GBP/USD
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EUR/USD: Euro tad lower this morning ahead of EU summit
For the 24 hours to 23:00 GMT, EUR rose 0.56% against the USD and closed at 1.3923, after Germany agreed to leverage the European Financial Stability Facility to more than $1.39 trillion. In Germany, the Manufacturing Output Index declined to … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie tad higher this morning
For the 24 hours to 23:00 GMT, AUD strengthened 1.17% against the USD, on Friday, to close at 1.0357. In Australia, this morning, the Producer Price Index (PPI), on quarterly basis, rose 2.7% in the third quarter of 2011, following … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher on optimism over Europe debt plan
For the 24 hours to 23:00 GMT, USD declined 0.74% against the CAD, on Friday, to close at 1.0086. Canadian dollar rose against the greenback as hopes about the solution to contain the European debt crisis ahead of a meeting … 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 1.40% against the CHF, on Friday, and closed at 0.8814. In Switzerland, the money supply rose 8.2% (Y-o-Y) in September, compared to a growth of 8.0% recorded in August. In the … Continue reading
Posted in USD/CHF
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USD/JPY: Greenback trading higher against Yen in Asian session
For the 24 hours to 23:00 GMT, USD weakened 1.00% against the JPY, on Friday, and closed at 76.11. Japanese finance minister, Jun Azumi, stated that he would take decisive action against excessive and speculative yen moves, threatening to conduct … Continue reading
Posted in USD/JPY
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GBP/USD: Pair trading flat this morning
For the 24 hours to 23:00 GMT, GBP rose 1.10% against the USD, on Friday, and closed at 1.5968, after economic reports showed that the public sector net borrowing rose less than expected in September. The public sector net borrowing, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro falls after Friday’s surge, Euro crisis rescue deal takes shape
For the 24 hours to 23:00 GMT, EUR rose 0.82% against the USD, on Friday, and closed at 1.3895, over raised investors’ optimism ahead of European Officials meeting on Sunday. European Officials, on Sunday, outlined plans to aid banks and … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie trading lower in Asian session
For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0237. In Australia, this morning, the Export Price Index increased 4.0% in third quarter of 2011, compared to 6.0% rise in the previous quarter. … Continue reading
Posted in AUD/USD
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GBP/USD: British Pound continues to rise, UK retail sales unexpectedly increase most in five months
For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.5794. In the UK, the retail sales rose 0.6% in September, compared to a 0.4% decline in the previous month. Additionally, this morning, the … Continue reading
Posted in GBP/USD
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USD/CAD: Loonie rebounds on renewed optimism over European debt accord
For the 24 hours to 23:00 GMT, USD declined 0.25% against the CAD to close at 1.0161, as renewed investors’ optimism that the European officials would be able to solve the debt crisis next week, spurred demand for high yielding … Continue reading
Posted in USD/CAD
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