USD/JPY: Japan large manufacturers’ mood remained steady in Q2 2016 – Tankan survey

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 103.15. In economic news, Japan’s housing starts rose 9.8% YoY in May, higher than market expectations for an advance of 4.8%. … Continue reading

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GBP/USD: BoE Chief paves way for more stimulus measures

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.00% against the USD and closed at 1.3314, after the Bank of England (BoE) Governor, Mark Carney, indicated that the central bank might ease monetary policy further in … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of the Markit manufacturing PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.1098, after a Bloomberg report hinted at more European Central Bank (ECB) easing. In economic news, the Euro-zone’s consumer price index … Continue reading

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AUD/USD: Aussie trading on a stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7446. LME Copper prices rose 0.05% or $2.5/MT to $4780.0/MT. Aluminium prices rose 0.72% or $11.5/MT to $1614.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD to close at 1.2943. In the Asian session, at GMT0300, the pair is trading at 1.2941, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss UBS consumption indicator advanced in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9793. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator rose to a level of 1.35 in May, from a … Continue reading

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USD/JPY: Japan’s factory output dropped to a three-year low level in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 102.86. In the Asian session, at GMT0300, the pair is trading at 102.75, with the USD trading 0.11% lower against the … Continue reading

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GBP/USD: Pound trading lower, ahead of UK’s final Q1 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.71% against the USD and closed at 1.3448, after a string of optimistic economic releases from the UK. Yesterday, data showed that Britain’s net consumer credit advanced in … Continue reading

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s flash CPI data for June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1121. On the macroeconomic front, in Germany, the Euro-zone’s largest economy, the GfK consumer confidence index surprisingly rose to a level … Continue reading

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AUD/USD: Australian new homes sales tumbled again in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7393. LME Copper prices advanced 1.82% or $85.5/MT to $4777.5/MT. Aluminium prices rose 0.66% or $10.5/MT to $1602.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CAD to close at 1.3018. In the Asian session, at GMT0300, the pair is trading at 1.3014, with the USD trading marginally lower against the … Continue reading

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