EUR/USD: Greece no longer in default, mentioned the IMF

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally lower against the USD and closed at 1.0835. Yesterday, the IMF announced that the Greek government repaid them €2.05 billion overdue debt and is no longer in … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement On Friday, the USD weakened 0.06% against the JPY and closed at 124.08. In the Asian session, at GMT0300, the pair is trading at 124.18, with the USD trading 0.08% higher from Friday’s close. The pair is expected … Continue reading

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EUR/USD: Euro extends its losses in the Asian session

EURUSD Movement On Friday, the EUR declined 0.33% against the USD and closed at 1.0844. In economic news, the seasonally adjusted construction output in the Euro-zone rebounded 0.3% on a monthly basis in May. It followed a 0.2% drop in … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement On Friday, the AUD weakened 0.39% against the USD to close at 0.7381. LME Copper prices declined 1.18% or $65.0/MT to $5465.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1663.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2988. In economic news, consumer prices in Canada rose 0.2% MoM in June, at par with market expectations and following a 0.6% increase recorded in May. … Continue reading

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

USDCHF Movement On Friday, the USD rose 0.39% against the CHF and closed at 0.39%. In the Asian session, at GMT0300, the pair is trading at 0.9630, with the USD trading 0.19% higher from Friday’s close. The pair is expected … Continue reading

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GBP/USD: Pound trading on a weaker footing in the Asian session

GBPUSD Movement On Friday, the GBP marginally declined against the USD and closed at 1.5605, surrendering its earlier session gains. In the Asian session, at GMT0300, the pair is trading at 1.5585, with the GBP trading 0.13% lower from Friday’s … Continue reading

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EUR/USD: The ECB boosted emergency funding to Greek banks

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.70% against the USD and closed at 1.0880. Yesterday, the ECB increased its emergency lending to the Greek bank by €900 million over one week. The decision came … Continue reading

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AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.32% against the USD to close at 0.7410. LME Copper prices declined 1.20% or $67.0/MT to $5530.0/MT. Aluminium prices declined 0.63% or $10.5/MT to $1664.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing ahead of Canada’s CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2966. In the Asian session, at GMT0300, the pair is trading at 1.2961, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc reverses its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.60% against the CHF and closed at 0.9574. The Swiss Franc lost ground, after real retail sales in the nation slid 1.8% YoY in May, compared to a … Continue reading

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