USD/JPY: Japan’s merchandise trade surplus expanded in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 110.14. In the Asian session, at GMT0300, the pair is trading at 109.79, with the USD trading 0.32% lower from Friday’s … 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 marginally weakened against the USD to close at 0.7223. LME Copper prices rose 0.75% or $34.5/MT to $4630.5/MT. Aluminium prices rose 1.50% or $23.0/MT to $1559.0/MT. In the Asian … Continue reading

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USD/CAD: Canadian retail sales dropped in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.3121. The Canadian Dollar lost ground, after the country’s retail sales declined more-than-expected by 1.0% MoM in March, mainly led by … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9905. In the Asian session, at GMT0300, the pair is trading at 0.9896, with the USD trading 0.09% lower from Friday’s … Continue reading

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GBP/USD: Pound trading higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.78% against the USD and closed at 1.4486. In economic news, UK’s CBI industrial trends orders unexpectedly rose to a five-month high level of -8.0 in May, compared … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1214, after the Euro-zone’s seasonally adjusted current account surplus widened to a four-month high level of €27.3 billion in March, from … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.06% against the USD to close at 0.7226. LME Copper prices declined 0.10% or $4.5/MT to $4596.0/MT. Aluminium prices rose 0.42% or $6.5/MT to $1536.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher, ahead of Canada’s consumer price index data for April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.3083. In economic news, Canada’s wholesale sales declined more-than-expected by 1.0% MoM in March, falling for the second consecutive month, mainly … 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 0.29% against the CHF and closed at 0.9904. In the Asian session, at GMT0300, the pair is trading at 0.9907, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 109.92. In economic news, Japan’s final machine tool orders declined by 26.3% YoY in April, following a 21.2% drop in the … Continue reading

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GBP/USD: UK retail sales bounced back strongly in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.4600, after UK’s retail sales rebounded above expectations in April. Data showed that retails sales in Britain rose 1.5% MoM in … Continue reading

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