GBP/USD: Britain’s economic growth contracted in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2689, after dismal economic data. On the data front, the nation’s total trade deficit narrowed to £2.74 billion in April, following … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1314. In the US, data showed that the JOLTs job openings unexpectedly fell to a level of 7449.0K in April, compared … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.30% against the USD and closed at 0.6998 on Friday. LME Copper prices declined 0.6% or $35.0/MT to $5770.0/MT. Aluminium prices declined 0.6% or $9.5/MT to $1733.0/MT. In … Continue reading

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USD/CAD: Canada’s unemployment rate unexpectedly declined to its lowest level since 1976 in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.3283 on Friday. Data indicated that Canada’s unemployment rate unexpectedly fell to a rate of 5.4% in May, marking its lowest … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained flat in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CHF and closed at 0.9873 on Friday. On the macro front, Switzerland’s seasonally adjusted unemployment rate remained steady at a rate of 2.4% in May. … Continue reading

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USD/JPY: Japan’s leading economic index dropped in April, while the coincident index advanced in the same month

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 108.16 on Friday. Data indicated that Japan’s flash leading economic index fell to a level of 95.5 in April, compared to … Continue reading

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GBP/USD: UK’s Halifax house price index climbed at its quickest pace in 2-years in the three months ended May 2019

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.2735 on Friday. In economic news, UK’s Halifax house price index advanced 5.2% on a yearly basis in the March-May 2019 … Continue reading

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EUR/USD: Germany’s trade surplus narrowed more-than-expected in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.1334 on Friday. On the data front, Germany’s seasonally adjusted trade surplus narrowed to €17.0 billion in April, undershooting market consensus … Continue reading

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AUD/USD: Aussie trading a tad lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.10% against the USD and closed at 0.6977. LME Copper prices rose 0.5% or $27.5/MT to $5805.0/MT. Aluminium prices declined 1.3% or $23.5/MT to $1742.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s Ivey PMI remained unchanged in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.3361. Data indicated that Canada’s seasonally adjusted Ivey PMI remained steady at a level of 55.9 in May. In the Asian … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9913. In the Asian session, at GMT0300, the pair is trading at 0.9919, with the USD trading 0.06% higher against the … Continue reading

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