EUR/USD: Manufacturing sector growth across the Eurozone confirmed at a 6-year high level in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1217. Macroeconomic data indicated that the Euro-zone’s final Markit manufacturing PMI rose to a six-year high level of 57.0 in May, … Continue reading

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AUD/USD: Australia’s manufacturing sector activity slowed in May, retail sales jumped the most since 2014 in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7425. LME Copper prices rose 0.1% or $7.5/MT to $5615.5/MT. Aluminium prices declined 1.2% or $24.0/MT to $1919.5/MT. In the Asian … Continue reading

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USD/CAD: Canadian economic growth accelerated in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3497. On the data front, Canada gross domestic product (GDP) expanded more-than-estimated by 0.5% MoM in March, driven by higher consumer … Continue reading

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USD/CHF: Swiss ZEW economic sentiment index advanced in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9679. Macroeconomic data indicated that Switzerland’s ZEW economic expectations index registered a rise to a level of 30.8 in May, after … Continue reading

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USD/JPY: Japanese manufacturing sector growth revised upwards to a 3-month high level in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 110.79. On the economic front, Japan’s small business confidence index climbed to a level of 48.9 in May, compared to a … Continue reading

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GBP/USD: UK’s mortgage approvals dipped to a 7-month low level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.52% against the USD and closed at 1.2873. On the data front, number of mortgage approvals for house purchases in the UK unexpectedly eased to a level of … Continue reading

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EUR/USD: Euro-zone’s annual inflation slipped to a 5-month low in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1242, as investors brushed off downbeat inflation data from the Euro-zone. Data showed that the flash consumer price index in the … Continue reading

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AUD/USD: Australia’s private sector credit climbed in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.7458. LME Copper prices declined 1.1% or $63.0/MT to $5608.0/MT. Aluminium prices declined 0.3% or $6.5/MT to $1943.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s GDP growth data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3469. On the macro front, Canada’s current account deficit widened more-than-expected to a level of C$14.1 billion in 1Q 2017, from … Continue reading

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USD/CHF: Switzerland’s KOF leading indicator dropped in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9758. On the macro front, Switzerland’s KOF leading indicator fell more-than-anticipated to a level of 101.6 in May, compared to market … Continue reading

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USD/JPY: Japanese industrial output posted its biggest jump in nearly 6 years in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the JPY and closed at 110.84. In the Asian session, at GMT0300, the pair is trading at 111.17, with the USD trading 0.3% higher against the … Continue reading

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