EUR/USD: Euro trading higher ahead of the Euro-zone’s Q1 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.59% against the USD and closed at 1.1284, as Germany’s industrial production data surpassed market expectations. Data released indicated that industrial production in Germany rebounded 0.90% on a … 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 0.90% against the USD to close at 0.7690. LME Copper prices declined 0.16% or $9.5/MT to $5915.0/MT. Aluminium prices rose 0.12% or $2.0/MT to $1695.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.2412. The CAD traded on a stronger footing, following a better-than-expected housing data in Canada. Data released showed that housing starts … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s consumer prices data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.39% against the CHF and closed at 0.9274. In the Asian session, at GMT0300, the pair is trading at 0.9264, with the USD trading 0.11% lower from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.85% against the JPY and closed at 124.59. Yesterday, data showed that Japan’s Eco Watchers Survey for the current situation dropped unexpectedly to 53.30, compared to market expectations … Continue reading

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GBP/USD: Pound trading on a stronger footing ahead of the BoE’s inflation report

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.5342. Yesterday, the BRC indicated that retail sales across all sectors in the UK remained flat on an annual basis in … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement On Friday, the AUD weakened 0.72% against the USD to close at 0.7623. LME Copper prices declined 0.50% or $29.5/MT to $5924.5/MT. Aluminium prices declined 0.24% or $4.0/MT to $1693.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Canadian unemployment rate remained flat at 6.8%

USDCAD Movement On Friday, the USD declined 0.53% against the CAD to close at 1.2440. On the macro front, unemployment rate in Canada remained unchanged at 6.8% in May, in line with market expectations. Meanwhile, the nation added 58.9 K … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement On Friday, the USD rose 0.41% against the CHF and closed at 0.9396, on the back of a strong US non-farm payrolls data in May. In the Asian session, at GMT0300, the pair is trading at 0.9414, with … Continue reading

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USD/JPY: Japan’s Q1 GDP revised sharply higher

USDJPY Movement On Friday, the USD strengthened 0.98% against the JPY and closed at 125.65. Preliminary estimates revealed that Japan’s leading economic indicators index rose to 107.2 in April from 106.0 in the past month. The coincident and the lagging … Continue reading

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GBP/USD: Britain’s inflation expectations slightly edged up

GBPUSD Movement On Friday, the GBP traded 0.52% lower against the USD and closed at 1.5276. On the macro front, consumer inflation expectations in the UK for the next 12 months advanced to 2.20% in May, up from previous month’s … Continue reading

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