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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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