USD/JPY: Japanese Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 123.39. In the Asian session, at GMT0300, the pair is trading at 123.43, with the USD trading marginally higher from yesterday’s … Continue reading

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GBP/USD: Britain’s CPI swung back in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.5646, after UK’s May consumer prices ticked higher on an annual basis in May. Data showed that Britain’s consumer price inflation … Continue reading

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AUD/USD: Monetary policy should be accommodative, indicated the RBA

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7760. LME Copper prices declined 2.17% or $128.0/MT to $5760.5/MT. Aluminium prices declined 2.41% or $41.0/MT to $1660.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CAD to close at 1.2315. On the macro front, existing home sales in Canada was up 3.1% MoM, notching its fourth consecutive month of … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9299. In economic news, Swiss real retail sales rebounded 1.6% on an annual basis in April, compared to a revised drop … Continue reading

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USD/JPY: Japanese Yen extends its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 123.41. In the Asian session, at GMT0300, the pair is trading at 123.54, with the USD trading 0.11% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s consumer price inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.5599. In the Asian session, at GMT0300, the pair is trading at 1.5612, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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EUR/USD: Euro trading marginally lower ahead of Germany’s ZEW survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.1277. In economic news, the Euro-zone’s trade surplus unexpectedly widened to €24.9 billion in April, compared to prior month’s level of … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.2310. In economic news, the house price index in Canada advanced 0.90% MoM in May. The index had recorded a rise … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s real retail sales

USDCHF Movement On Friday, the USD declined 0.49% against the CHF and closed at 0.9293. The Swiss Franc nudged higher, after Switzerland’s KOF institute upgraded its economic forecast for the Swiss economy to 0.4% in this year and 1.3% in … Continue reading

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

GBPUSD Movement On Friday, the GBP rose 0.30% against the USD and closed at 1.5560. In economic news, the construction output in Britain surprisingly eased 0.8% on a monthly basis in April, while it was expected to increase 0.1%. The … Continue reading

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