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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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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
Posted in AUD/USD
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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
Posted in USD/CAD
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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
Posted in USD/CHF
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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
Posted in USD/JPY
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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
Posted in GBP/USD
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EUR/USD: Euro trading lower in the Asian session
EURUSD Movement On Friday, the EUR declined 0.66% against the USD and closed at 1.1116. In economic news, German factory orders jumped 1.4% MoM in April, beating market expectations for a 0.5% rise and following an increase of 1.1% registered … Continue reading
Posted in EUR/USD
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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 0.71% against the USD and closed at 1.1189, after Greece postponed its debt repayment of €300 million to the IMF, due on 05 June. It also announced that … Continue reading
Posted in EUR/USD
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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 weakened 1.27% against the USD to close at 0.7678. LME Copper prices declined 0.63% or $38.0/MT to $5954.0/MT. Aluminium prices declined 1.11% or $19.0/MT to $1697.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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GBP/USD: The BoE maintained interest rates intact at 0.5%
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.5356. Yesterday, the BoE, in a widely expected move, kept its benchmark interest rates unchanged at an all-time low of 0.5%, … Continue reading
Posted in GBP/USD
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USD/JPY: Japanese Yen trading marginally higher 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 124.44. In the Asian session, at GMT0300, the pair is trading at 124.42, with the USD trading a tad lower from … Continue reading
Posted in USD/JPY
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USD/CAD: Loonie trading higher ahead of Canada’s unemployment rate data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2506. In economic news, Canada’s Ivey PMI surged to a 19-month high level of 62.3 in May, from 58.2 recorded in … Continue reading
Posted in USD/CAD
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