USD/CHF: Swiss Franc reverses its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9358. In the Asian session, at GMT0300, the pair is trading at 0.9349, with the USD trading 0.09% lower from yesterday’s … Continue reading

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EUR/USD: The ECB keeps its interest rates unchanged, revises 2015 inflation expectations

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.01% against the USD and closed at 1.1269, following an optimistic speech from the ECB Chief, Mario Draghi. Yesterday, the ECB President stated that the central bank’s €1.1 … Continue reading

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AUD/USD: Australia’s retail sales miss market expectations

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.7777. LME Copper prices declined 0.11% or $6.5/MT to $5992.0/MT. Aluminium prices rose 0.29% or $5.0/MT to $1716.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing ahead of Canada’s Ivey PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2456. Yesterday, data showed that Canada’s international merchandise trade deficit narrowed to C$2.97 billion in April, following a revised trade deficit … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9339. In the Asian session, at GMT0300, the pair is trading at 0.9345, with the USD trading 0.06% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.22% against the JPY and closed at 124.32. In the Asian session, at GMT0300, the pair is trading at 124.50, with the USD trading 0.14% higher from yesterday’s … Continue reading

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GBP/USD: UK PMI indicates slow recovery

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.5328, as Britain’s services PMI suffered its sharpest slowdown in nearly four years in May. Data released showed that UK’s services … Continue reading

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EUR/USD: Euro trading a tad higher ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 2.08% against the USD and closed at 1.1156, after the Euro-zone’s consumer price index estimate surprised on the upside on an annual basis in May, following five months … Continue reading

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AUD/USD: Australia’s Q1 GDP climbed higher than expected

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 2.04% against the USD to close at 0.7767. LME Copper prices rose 0.47% or $28.0/MT to $5998.5/MT. Aluminium prices rose 1.18% or $20.0/MT to $1711.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.92% against the CAD to close at 1.2411. Yesterday, Canada’s Finance Minister, Joe Oliver mentioned that prospects of a recession in the Canadian economy was premature and added … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD decline 1.34% against the CHF and closed at 0.9331, as the US factory orders worsened more than anticipated in May. In the Asian session, at GMT0300, the pair is … Continue reading

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