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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 the BoC Governor’s speech
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CAD to close at 1.2150, following disappointing economic data in the US. In the Asian session, at GMT0300, the pair is trading at 1.215, with … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower ahead of the SNB Chief’s speech
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.47% against the CHF and closed at 0.9556. The Swiss Franc gained ground, after Switzerland’s trade surplus unexpectedly widened to CHF2.52 billion in March, more than market expectations … Continue reading
Posted in USD/CHF
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GBP/USD: Pound trading lower in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.5052, as investors shrugged off downbeat UK retail sales data. Data showed that Britain’s retail sales unexpectedly dropped 0.5% on a … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower ahead of Germany’s IFO data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.89% against the USD and closed at 1.0818, managing to recover after disappointing manufacturing and services PMI figures across the Euro-zone. Data showed that the Euro-zone’s preliminary manufacturing … Continue reading
Posted in EUR/USD
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GBP/USD: Pound trading lower ahead of Britain’s retail sales data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.73% against the USD and closed at 1.5037, after the release of the BoE minutes yielded no surprises. Yesterday, the minutes of the BoE’s latest monetary policy meeting … Continue reading
Posted in GBP/USD
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AUD/USD: Aussie reverses its gains in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.39% against the USD to close at 0.7746. LME Copper prices declined 0.80% or $48.0/MT to $5927.0/MT. Aluminium prices declined 0.49% or $9.0/MT to $1817.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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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 0.25% against the CAD to close at 1.2243. Yesterday, a private poll in Canada showed that the nation’s economic growth will pick up in the second half of … 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 rose 1.51% against the CHF and closed at 0.9699, following stronger than expected existing home sales data in the US. In economic news, Switzerland’s ZEW economic expectations index improved … Continue reading
Posted in USD/CHF
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USD/JPY: The Japanese manufacturing PMI entered into contraction territory
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 119.99. In the Asian session, at GMT0300, the pair is trading at 119.99, with the USD trading flat from yesterday’s close. … Continue reading
Posted in USD/JPY
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EUR/USD: Euro-zone trading lower ahead of the Euro-zone’s manufacturing PMI data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0722, after the Euro-zone’s consumer confidence index fell unexpectedly to a level of -4.60 in April, compared to market expectations of … Continue reading
Posted in EUR/USD
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EUR/USD: Euro trading on a weaker footing in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.0738. In economic news, Germany’s current situation index advanced to 70.20, registering its highest figure since 2011 in April … Continue reading
Posted in EUR/USD
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