EUR/USD: Euro trading higher ahead of the Euro-group meeting

EURUSD Movement On Friday, the EUR declined 0.27% against the USD and closed at 1.1342. In economic news, industrial production in the Euro-zone rebounded 0.1% MoM in April, following a revised drop of 0.4% in the previous month. In the … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement On Friday, the AUD weakened 0.44% against the USD to close at 0.7767. LME Copper prices declined 1.70% or $98.0/MT to $5663.0/MT. Aluminium prices declined 1.79% or $30.0/MT to $1650.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Canada’s inflation advanced slightly in May, albeit retail sales eased in April

USDCAD Movement On Friday, the USD rose 0.40% against the CAD to close at 1.2268. On the macro front, consumer prices in Canada rebounded 0.6% MoM in May, surpassing market expectations for a 0.5% rise and compared to a 0.1% … Continue reading

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USD/CHF: Swiss Franc trading on a higher footing this morning

USDCHF Movement On Friday, the USD declined 0.38% against the CHF and closed at 0.9174. In the Asian session, at GMT0300, the pair is trading at 0.9173, with the USD trading a tad lower from Friday’s close. The pair is … Continue reading

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USD/JPY: Japanese Yen trading lower ahead of the BoJ’s economic survey

USDJPY Movement On Friday, the USD weakened 0.20% against the JPY and closed at 122.70. Data released showed that the final estimate of Japan’s leading and coincident indices dropped to 106.4 and 111.0 respectively in April. The preliminary figures had … Continue reading

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GBP/USD: Pound reverses its losses this morning

GBPUSD Movement On Friday, the GBP is trading marginally lower against the USD and closed at 1.5871. In economic news, public sector net borrowing expanded to a level of £9.4 billion in May, compared to a revised reading of £5.5 … Continue reading

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USD/JPY: The BoJ kept its monetary policy unchanged

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.45% against the JPY and closed at 122.94 . In the Asian session, at GMT0300, the pair is trading at 122.87, with the USD trading 0.06% lower from … Continue reading

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USD/CAD: Loonie trading flat ahead of Canada’s CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.2220. In the Asian session, at GMT0300, the pair is trading at 1.2219, with the USD trading flat from yesterday’s close. … 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 rose 0.26% against the USD and closed at 1.1373. Yesterday, the Finance ministers of the 19-nation common-currency bloc failed to come out with a solution regarding Greece’s debt repayment … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.83% against the USD to close at 0.7801. LME Copper prices rose 0.21% or $12.0/MT to $5761.0/MT. Aluminium prices rose 0.30% or $5.0/MT to $1680.5/MT. In the Asian … Continue reading

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USD/CHF: The SNB kept key rates unchanged

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9209. Yesterday, the SNB maintained its deposit rate at a record low of -0.75%, as widely expected and reiterated that the … Continue reading

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