USD/JPY: Japanese yen extends it losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the JPY and closed at 110.45. On the macro front, Japan’s tertiary industry index registered a rise of 1.0% on a monthly basis in April, more … Continue reading

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GBP/USD: UK’s ILO unemployment remained steady in the three months to April, wage growth slows in the same period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3371. On the macro front, Britain’s ILO unemployment rate remained unchanged at a rate of 4.2% in the February-April 2018 period, … Continue reading

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EUR/USD: German investor morale deteriorated to a more than 6-year low in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1744, following dismal economic data in the Euro-zone. Data showed that the Euro-zone’s ZEW economic sentiment index unexpectedly plunged to a … Continue reading

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AUD/USD: Australia’s NAB business confidence eased in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7609. LME Copper prices declined 0.54% or $39.0/MT to $ 7223.5/MT. Aluminium prices rose 0.55% or $12.5/MT to $2300.00/MT. In the … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.2985. In the Asian session, at GMT0300, the pair is trading at 1.2993, with the USD trading 0.06% higher against the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9859. In economic news, Switzerland’s total sight deposits eased to a level of CHF576.3 billion in the week ended 08 June, … Continue reading

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USD/JPY: Japanese yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the JPY and closed at 110.17. On the data front, Japan’s flash machine tool orders advanced 14.9% on a yearly basis in May, following a rise … Continue reading

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GBP/USD: Britain’s factory output unexpectedly fell in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3379, amid a slew of disappointing economic releases in the UK. In the economic news, UK’s manufacturing production unexpectedly declined by … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1776. Meanwhile, in Italy, Europe’s third largest economy, the working day adjusted industrial production eased 1.9% on an annual basis in … Continue reading

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AUD/USD: Aussie trading higher, ahead of RBA Governor, Lowe’s speech

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.37% against the USD and closed at 0.7596 on Friday. LME Copper prices rose 0.23% or $17.0/MT to $7262.5/MT. Aluminium prices declined 1.87% or $43.5/MT to $2287.5/MT. In … Continue reading

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USD/CAD: Canada’s housing starts surprisingly dropped in May, while unemployment rate remained steady in the same month

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.2931 on Friday. Data released on Friday indicated that Canada’s seasonally adjusted housing starts unexpectedly declined to a level of 195.6K … Continue reading

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