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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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USD/CAD: Loonie extends its losses, ahead of Canada’s retail sales data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.02% against the CAD to close at 1.3117. Yesterday, the Bank of Canada, in a widely expected move kept its key overnight lending rate unchanged at 0.5%, following … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc extends its losses in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 0.9593. In economic news, Switzerland’s M3 money supply advanced 1.2% YoY in September, compared to prior month’s 1.4% rise. In the … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading flat this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 119.88. The Japanese yen came under pressure after weak trade data led to speculation that the BoJ might boost its existing … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading higher, ahead of Britain’s retail sales data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5418. In economic news, UK’s public sector net borrowing reported a surplus of £8.6 billion in September, against investor expectations for … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading tad higher, ahead of the ECB’s interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1342. In the US, mortgage applications rose sharply last week. Data revealed that MBA mortgage applications advanced 11.8% in the week … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie trading flat in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.24% against the USD to close at 0.7264. LME Copper prices declined 0.97% or $51.0/MT to $5189.0/MT. Aluminium prices declined 1.92% or $29.5/MT to $1506.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher, ahead of BoC’s interest rate decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.2987. In economic news, Canada’s wholesale sales recorded an unexpected drop of 0.1% MoM in August, after registering a downwardly revised … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a stronger footing in the morning session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CHF and closed at 0.9561. In economic news, Switzerland’s trade surplus expanded to CHF3.1 billion in September, compared to market expectations of an increase to … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading lower this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 119.83. In the Asian session, at GMT0300, the pair is trading at 119.88, with the USD trading marginally higher from yesterday’s … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading on a weaker footing, ahead of Britain’s public sector net borrowing data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5446. In the Asian session, at GMT0300, the pair is trading at 1.5441, with the GBP trading marginally lower from yesterday’s … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading on a stronger footing in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1352. Macroeconomic data showed that the producer price index in Germany, Euro-zone’s largest economy, dropped more-than-expected by 0.4% MoM in September, … Continue reading
Posted in EUR/USD
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