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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD and closed at 1.3111. On the data front, Canada’s seasonally adjusted housing starts advanced more-than-expected to 218.3K on an annual basis in June, after … 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 marginally against the CHF and closed at 0.9822. In the Asian session, at GMT0300, the pair is trading at 0.9823, with the USD trading marginally higher against the … Continue reading

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USD/JPY: Japanese Yen trimmed some of its previous session gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.99% against the JPY and closed at 102.65. On the data front, Japan’s preliminary machine tool orders fell 19.9% YoY in June, compared to a fall of 24.7% … Continue reading

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GBP/USD: Pound trading on a stronger footing, ahead of Mark Carney’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.2992. Overnight data indicated that, UK’s BRC retail sales monitor across all sectors dropped 0.5% on an annual basis in June, … Continue reading

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EUR/USD: Euro trading higher, ahead of Germany’s consumer price index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.1% against the USD and closed at 1.1059. Macroeconomic data indicated that, the US labour market conditions index fell to a level of -1.9 in June, falling for … Continue reading

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AUD/USD: Aussie trading a tad lower lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.08% against the USD and closed at 0.7562. LME Copper prices declined 0.3% or $15.0/MT to $4710.0/MT. Aluminium prices rose 0.2% or $3.5/MT to $1640.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s unemployment rate surprisingly fell in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3039. Macroeconomic data indicated that Canada’s unemployment rate unexpectedly declined to 6.8% in June. Meanwhile, markets expected it to rise to … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained steady in June

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CHF and closed at 0.9834. In economic news, data indicated that Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in June, compared to investor … 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 declined 0.22% against the JPY and closed at 100.45. In economic news, Japan’s Eco Watchers survey for current situation unexpectedly dropped to 41.2 in June, after recording a reading … Continue reading

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GBP/USD: UK’s total trade deficit widened in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.2943. On the data front, UK’s total trade deficit widened less-than-expected to GBP2.3 billion in May, compared to market expectations for … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1049, after Germany’s seasonally adjusted trade surplus fell more-than-expected to a level of €21.0 billion in May, following a sharp decline … Continue reading

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