GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.5880, on the back of upbeat UK retail sales figures in May. Yesterday’s data showed that retail sales unexpectedly rose 0.2% … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.87% against the USD and closed at 1.1343. Consumer price index in the Euro-zone remained unchanged at 0.2% on a monthly basis in May, at par with consensus … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Aussie extends its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.19% against the USD to close at 0.7737. LME Copper prices declined 0.05% or $3.0/MT to $5749.0/MT. Aluminium prices rose 0.87% or $14.5/MT to $1675.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a stronger footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.2233. In economic news, wholesale sales in Canada advanced more than expected by 1.9% MoM in April. It followed a revised … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher ahead of the SNB’s interest rate decision

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CHF and closed at 0.9218. On the macro front, Switzerland’s ZEW’s economic expectation index advanced to a level of 0.1 in June, following a reading … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 123.49. Yesterday, data showed that machine tool orders in Japan rose 15.0% YoY in May, compared to a similar increase registered … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher ahead of Britain’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.20% against the USD and closed at 1.5834, after wage growth in the UK picked up more than expected in the three months ended April. Data showed that … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher ahead of the Euro-zone CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1246, following Germany’s dismal ZEW survey data. Data released showed that Germany’s ZEW economic sentiment index slipped to a 7-month low … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.10% against the USD to close at 0.7752. LME Copper prices declined 0.15% or $8.5/MT to $5752.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1661.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading marginally lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.2291. In the Asian session, at GMT0300, the pair is trading at 1.2296, with the USD trading a tad higher from … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher ahead of Switzerland’s ZEW survey data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9320. The Swiss Franc traded on a weaker footing after the Swiss government revised downwards Switzerland’s GDP growth to 0.8% from … Continue reading

Posted in USD/CHF | Comments Off