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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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AUD/USD: Aussie trading higher in the Asian session
AUDUSD Movement On Friday, the AUD weakened 0.17% against the USD to close at 0.7445. LME Copper prices declined 0.26% or $14.5/MT to $5561.5/MT. Aluminium prices rose 0.21% or $3.5/MT to $1652.5/MT. In the Asian session, at GMT0300, the pair … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement On Friday, the USD declined 0.21% against the CAD to close at 1.2679. On the macro front, Canada’s unemployment rate remained unchanged at previous month’s level of 6.8% in June, albeit markets expectations were for it to rise … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading flat in the Asian session
USDCHF Movement On Friday, the USD declined 0.82% against the CHF and closed at 0.9401. In the Asian session, at GMT0300, the pair is trading at 0.9401, with the USD trading flat compared to Friday’s close. The pair is expected … Continue reading
Posted in USD/CHF
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GBP/USD: Pound reverses its gains in the Asian session
GBPUSD Movement On Friday, the GBP marginally rose 0.89% against the USD and closed at 1.5513. In economic news, total trade deficit in the UK narrowed to £0.39 billion in May, following a revised deficit of £1.83 billion in the … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1071. Yesterday, the Greek government presented new economic reform proposals to its creditors in order to secure a new bailout package, … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie trading on a stronger footing this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.7458. LME Copper prices rose 3.74% or $201.0/MT to $5576.0/MT. Aluminium prices rose 1.79% or $29.0/MT to $1649.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher ahead of Canada’s employment data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.2706. The CAD gained ground, after Canada’s seasonally adjusted housing starts registered an11-month high level of 202.80 K units in June, … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a stronger footing this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9479. In the Asian session, at GMT0300, the pair is trading at 0.9462, with the USD trading 0.18% lower from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading lower ahead of Japan’s consumer confidence data
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.86% against the JPY and closed at 121.75. In economic news, Japan’s machine tool orders advanced 6.6% on an annual basis in June, compared to a rise of … Continue reading
Posted in USD/JPY
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GBP/USD: The BoE kept interest rate on hold at 0.5%
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad higher against the USD and closed at 1.5376. Yesterday, the BoE, in a widely expected move, agreed to maintain key interest rate at the record low … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading a tad lower in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.68% against the USD and closed at 1.1077, reversing its previous session losses. The greenback lost ground, after the Fed minutes from its latest monetary policy meeting did … Continue reading
Posted in EUR/USD
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