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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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USD/CAD: Loonie trading flat ahead of Canada’s new housing price index data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.1954, after the US retail sales remained flat in April. In economic news, the house price index in Canada rose less … Continue reading
Posted in USD/CAD
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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 declined 1.29% against the CHF and closed at 0.9170, continuing with its earlier session losses. In the Asian session, at GMT0300, the pair is trading at 0.9169, with the … Continue reading
Posted in USD/CHF
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GBP/USD: The BoE downgraded Britain’s growth forecast
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.5740, as the UK ILO employment figures outpaced forecasts in March. Yesterday, data indicated that UK unemployment rate fell to a … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher ahead of Germany’s Q1 GDP data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.1217. Yesterday, the EU Economic and Financial Affairs Council stated that economic outlook of Europe was improving, however none of the … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie extends its gains this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.19% against the USD to close at 0.7981. LME Copper prices rose 1.34% or $85.0/MT to $6448.0/MT. Aluminium prices rose 0.16% or $3.0/MT to $1855.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie reverses its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.80% against the CAD to close at 1.2005. In the Asian session, at GMT0300, the pair is trading at 1.2014, with the USD trading 0.07% higher from yesterday’s … Continue reading
Posted in USD/CAD
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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 declined 0.58% against the CHF and closed at 0.9290. In the Asian session, at GMT0300, the pair is trading at 0.9277, with the USD trading 0.14% lower from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading on a stronger footing this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.21% against the JPY and closed at 119.88, reversing its previous session gains. Yesterday, data showed that the preliminary estimate of Japan’s leading economic index rose to a … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading higher ahead of the BoE’s quarterly inflation report
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.60% against the USD and closed at 1.5668, after stronger than expected economic data in the UK. Data showed that manufacturing production in the UK climbed 0.40% MoM … Continue reading
Posted in GBP/USD
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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 weakened 0.41% against the USD to close at 0.7888. LME Copper prices declined 0.52% or $33.5/MT to $6363.0/MT. Aluminium prices declined 0.64% or $12.0/MT to $1852.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.2102. In the Asian session, at GMT0300, the pair is trading at 1.2093, with the USD trading 0.07% lower from yesterday’s … Continue reading
Posted in USD/CAD
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