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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.63% against the JPY and closed at 124.04. In the Asian session, at GMT0300, the pair is trading at 123.96, with the USD trading 0.06% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading slightly higher ahead of Britain’s services PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.5343, on the back of upbeat construction PMI and mortgage approval data in the UK. Data released showed that UK construction … Continue reading

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AUD/USD: The RBA kept interest rates on hold at 2%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.35% against the USD to close at 0.7612, after the May manufacturing report from the US ISM delivered encouraging results. LME Copper prices declined 1.94% or $118.0/MT to … Continue reading

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EUR/USD: Euro trading flat ahead of the Euro-zone’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.0929. In economic news, the flash consumer price index in Germany rose 0.10% on a monthly basis in May, at par … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.2527, after the ISM data revealed that US manufacturing expansion continued to roll in May. Yesterday, data revealed that Canada’s RBC … 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 rose 0.54% against the CHF and closed at 0.9458. In economic news, Switzerland’s SVME manufacturing PMI climbed unexpectedly to a level of 49.40 in May, following a reading of … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 124.83. In the Asian session, at GMT0300, the pair is trading at 124.75, with the USD trading 0.06% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.5201, after UK’s manufacturing PMI missed market estimates in May. Yesterday, the UK manufacturing PMI climbed less-than-expected to a level of … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement On Friday, the AUD weakened 0.20% against the USD to close at 0.7642. LME Copper prices declined 0.47% or $28.5/MT to $6088.5/MT. Aluminium prices declined 0.81% or $14.0/MT to $1705.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Canada’s GDP surprisingly shrinks in Q1 2015

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2445. The CAD lost ground, after Canada’s annualized GDP unexpectedly dropped 0.6% in the first quarter of 2015, registering its first contraction in four years since … Continue reading

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USD/CHF: Swiss GDP unexpectedly fell in Q1 2015

USDCHF Movement On Friday, the USD declined 0.25% against the CHF and closed at 0.9401. In economic news, Switzerland’s GDP unexpectedly eased 0.2% QoQ in Q1 2015, reversing market expectations for an unchanged reading. The nation’s GDP had risen by … Continue reading

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