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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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Continues to add to yesterday’s gains
For the 24 hours to 23:00 GMT, AUD strengthened 0.84% against the USD to close at 1.0109. In the US, CPI rose 0.4% (M-o-M) in January after a 0.5% rise in December. In the Asian session at 4:00GMT, the pair … Continue reading
Posted in AUD/USD
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Witnessing flat trading
For the 24 hours to 23:00 GMT, USD declined 0.04% against the CAD to close at 0.9849. In the US, the leading indicator rose 0.1% (M-o-M) in January than 0.8% in December. In the Asian session at 4:00GMT, the pair … Continue reading
Posted in USD/CAD
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Steady this morning
For the 24 hours to 23:00 GMT, USD declined 1.02% against the CHF and closed at 0.9496. In the Asian session, at 4:00GMT, the pair is trading at 0.9500, 0.04% higher from the New York session close. The pair has … Continue reading
Posted in USD/CHF
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Bank of Japan meeting minutes indicate policymakers more confident
For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 82.32. In Japan yesterday, coincident composite index (CI) which reflects current business conditions rose by 1.1 points to 103.5 in December following a 1.4 … Continue reading
Posted in USD/JPY
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Rises, BoE’s Governer, King’s speech awaited
For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.6174. The pair opened the Asian session at 1.6174, and is trading at 1.6175 at 4.00GMT. The pair is trading 0.01% higher from the … Continue reading
Posted in GBP/USD
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Trading flat after dollar’s yesterday fall
For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.3607. The dollar turned lower against the euro and other major currencies yesterday. In the US, consumer price index rose 0.4% (MoM) in January, … Continue reading
Posted in EUR/USD
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Gaining strength
For the 24 hours to 23:00 GMT, EUR rose 0.55% against the USD and closed at 1.3565. In the US, Bureau of Labor Statistics reported that PPI for finished goods rose 0.8% in January, this advance followed increases of 0.9% … Continue reading
Posted in EUR/USD
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Investors await pointers from the BoJ monetary policy meeting
For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 83.63. In the Asian session at 4:00GMT, the pair is trading lower from the New York close, by 0.06%, at 83.58. The first short … Continue reading
Posted in USD/JPY
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CHF continues to cement gains
For the 24 hours to 23:00 GMT, USD declined 0.79% against the CHF and closed at 0.9594. In the Asian session, at 4:00GMT, the pair is trading at 0.9587, 0.07% lower from the New York session close. The pair has … Continue reading
Posted in USD/CHF
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Monetary policy report in Canada awaited
For the 24 hours to 23:00 GMT, USD declined 0.45% against the CAD to close at 0.9853. In the US, industrial production decreased 0.1% in January 2011, after having risen 1.2% in December, while capacity utilization rate came in at … Continue reading
Posted in USD/CAD
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Adding to yesterday’s gains
For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 1.0025. In the Asian session at 4:00GMT, the pair is trading at 1.0036, 0.11% higher from the New York session close. LME Copper prices … Continue reading
Posted in AUD/USD
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