GBP/USD: UK’s annual CPI rose more than expected in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.23% against the USD and closed at 1.3108. In economic news, UK’s consumer price index advanced by 0.2% MoM in June, in line with market expectations and compared … Continue reading

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EUR/USD: Economic sentiment deteriorated in July across the Euro-zone post ‘Brexit’ vote

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.53% against the USD and closed at 1.1014, after ZEW survey data indicated that investor sentiment in Germany as well as Euro-zone deteriorated on concerns that the UK’s … Continue reading

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AUD/USD: Rising Australian Dollar could complicate recovery: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.7600. LME Copper prices declined 2.15% or $106.5/MT to $4839.0/MT. Aluminium prices declined 2.2% or $37.0/MT to $1645.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.2933. In the Asian session, at GMT0300, the pair is trading at 1.2982, with the USD trading 0.38% higher against the … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CHF and closed at 0.9824. In economic news, Switzerland’s total sight deposits rose slightly to a level of CHF511.0 billion for the week ended July … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the JPY and closed at 106.16. In the Asian session, at GMT0300, the pair is trading at 105.91, with the USD trading 0.24% lower against the … Continue reading

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GBP/USD: Pound trading lower, ahead of UK’s consumer price index data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.3249. Yesterday, the Bank of England (BoE) policymaker, Martin Weale, suggested that the central bank should take into consideration the uncertainty … Continue reading

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EUR/USD: German economy to grow strongly in coming months despite Brexit risks: Bundesbank

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.02% against the USD and closed at 1.1069. According to the Bundesbank monthly report, Germany’s economy will rebound in the third quarter of this year after facing potential … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7596. LME Copper prices rose 0.69% or $34.0/MT to $4945.5/MT. Aluminium prices rose 0.6% or $10.0/MT to $1682.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.2932. In economic news, Canada’s existing home sales declined by 0.9% on a monthly basis in June, falling for second consecutive … 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 rose 0.19% against the CHF and closed at 0.9827. In the Asian session, at GMT0300, the pair is trading at 0.9834, with the USD trading 0.07% higher against the … Continue reading

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