USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CAD and closed at 1.3316. In the Asian session, at GMT0300, the pair is trading at 1.3307, with the USD trading 0.07% lower against the … Continue reading

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USD/CHF: SNB kept key interest rates unchanged at -0.75%

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9915. Yesterday, the Swiss National Bank (SNB), at its March monetary policy meeting, held its benchmark interest rate unchanged at -0.75%, … Continue reading

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USD/JPY: Japanese Yen trading a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the JPY and closed at 109.92. On the data front, Japan’s final machine tool orders advanced 14.9% on an annual basis in May, confirming the preliminary … Continue reading

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GBP/USD: BoE leaves benchmark interest rates unchanged, BoE, Chief Economist raises prospects of August rate hike

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.57% against the USD and closed at 1.3247. Yesterday, the Bank of England (BoE), at its June monetary policy meeting, opted to keep its key interest rates unchanged … Continue reading

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EUR/USD: Eurozone consumer confidence drops to lowest reading since October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1608 On the macro front, the Euro-zone’s preliminary consumer confidence index unexpectedly declined to a level of -0.5 in June, amid … Continue reading

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AUD/USD: Aussie trading a tad higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.7371. LME Copper prices remained flat at $2179.0/MT. Aluminium prices rose 8.58% or $539.0/MT to $6819.0/MT. In the Asian session, at … Continue reading

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USD/CAD: Loonie trading slightly higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3310. In the Asian session, at GMT0300, the pair is trading at 1.3308, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss franc trading on a weaker footing, ahead of SNB rate decision

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9961. In the Asian session, at GMT0300, the pair is trading at 0.9977, with the USD trading 0.16% higher against the … Continue reading

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USD/JPY: BoJ Governor Haruhiko Kuroda recommends wage hike to meet inflation target

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 110.38. In the Asian session, at GMT0300, the pair is trading at 110.59, with the USD trading 0.19% higher against the … Continue reading

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GBP/USD: Sterling trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded flat against the USD and closed at 1.3172. In the economic news, UK’s CBI industrial trends total orders jumped to a level of 13.0 in June, exceeding market … Continue reading

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EUR/USD: Euro trading on a weaker footing in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1576. Data showed that Germany’s producer price index (PPI) advanced more-than-anticipated by 2.7% on a yearly basis in May, reaching its … Continue reading

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