AUD/USD: AUD trading lower after Australia’s unemployment rate rose to 6.3% in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.37% against the USD to close at 0.7355. LME Copper prices rose 0.35% or $5.5/MT to $1569.5/MT. Aluminium prices declined 0.10%% or $5.0/MT to $5171.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.3178. In economic news, Canada recorded an international merchandise trade deficit of C$0.48 billion in June, lower than a revised deficit … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Swiss SECO consumer climate

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9790. The Swiss Franc lost ground, after the consumer prices in the country eased 1.3% YoY in July, recording the steepest … Continue reading

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USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 124.79. In the Asian session, at GMT0300, the pair is trading at 124.73, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of the BoE Minutes

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.5602. However, Britain’s services PMI dropped to a five-month low of 57.4 in July, lower than market projections of the index … Continue reading

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EUR/USD: Euro trading marginally higher ahead of the German factory order data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0903, as the services sector across the Euro-zone continued to expand. Data showed that the Euro-zone’s services PMI advanced more than … Continue reading

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AUD/USD: Aussie reverses its gains this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.45% against the USD to close at 0.7382. LME Copper prices declined 0.09% or $4.5/MT to $ 5215.5 /MT. Aluminium prices declined 1.04% or $16.5/MT to $ 1577.5 … Continue reading

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USD/CAD: Loonie trading lower in this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.3189. The CAD lost ground, after the RBC’s Canadian Manufacturing PMI fell to 50.8 in July from a six-month high of … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s consumer price inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.90% against the CHF and closed at 0.9779. In the Asian session, at GMT0300, the pair is trading at 0.9786, with the USD trading 0.08% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen extends its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 124.33. Yesterday, Etsuro Honda, a special economic adviser to Japan’s Prime Minister said that he feels there is no need for … Continue reading

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GBP/USD: UK economy expected to slow down in Q3, indicated the NIESR

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.5568 after UK’s construction PMI unexpectedly fell to a level of 57.10 in July, following a four-month high of 58.10 in … Continue reading

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