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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.1200, after the Euro-zone’s seasonally adjusted construction output declined 0.9%, falling for the second consecutive month and following a 0.6% revised … Continue reading

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AUD/USD: Australia’s unemployment rate held steady at 5.7% in April, but most of the job added are part-timers

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.24% against the USD to close at 0.7230. LME Copper prices declined 0.72% or $33.5/MT to $4600.5/MT. Aluminium prices declined 0.16% or $2.5/MT to $1529.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.3014, after the US Federal Reserve’s April monetary policy meeting minutes bolstered expectations that the central bank could raise interest rates … Continue reading

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USD/CHF: Swiss Franc trading a tad higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CHF and closed at 0.9875, after the latest US Federal Reserve meeting minutes indicated that the central bank could raise rates as soon as next … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.94% against the JPY and closed at 110.11, after the US Federal Reserve’s April monetary policy meeting minutes indicated that a rate hike in June was on the … Continue reading

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GBP/USD: UK’s unemployment rate held steady at 5.1% during the three months to March 2016

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.01% against the USD and closed at 1.4599, following the release of a mixed UK jobs report. Data showed that the number of people employed in Britain rose … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of the ECB’s April monetary policy meeting minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1223, after the Euro-zone’s final consumer price index (CPI) reading confirmed that the region fell back into deflation in April. Data … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.45% against the USD to close at 0.7321. LME Copper prices declined 0.14% or $6.5/MT to $4634.0/MT. Aluminium prices rose 0.43% or $6.5/MT to $1532.0/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 rose 0.11% against the CAD to close at 1.2908, after US consumer prices advanced above expectations in April. In economic news, Canada’s manufacturing shipments fell less-than-anticipated by 0.9% MoM … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9801, following the release of upbeat US consumer price index data. On the economic front, Switzerland’s producer and import price index … Continue reading

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USD/JPY: Japan’s economy rebounded sharply in the first quarter

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 109.09. In the Asian session, at GMT0300, the pair is trading at 109.29, with the USD trading 0.18% higher from yesterday’s … Continue reading

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