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Canada’s Existing Home Sales Declined By The Most Since August 2012 In M

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    For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3254. The Canadian Dollar lost ground, after Canada’s existing home sales dropped 6.2% MoM in May, recording its biggest decline in nearly five years. In the prior month, existing home sales …

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Forex – Aussie moves higher, kiwi loses ground after data – Investing.com

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© Reuters. Aussie rises, kiwi drops vs. greenback in late trade Investing.com – The Australian dollar moved higher against its U.S. counterpart on Thursday, after upbeat employment data from Australia, while a disappointing report on New Zealand economic growth pushed the local currency lower. gained 0.33% to 0.7614, just off …

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Crude Oil Price Bounce Fizzles, US Inventory Data Now in Focus

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Talking Points: Crude oil price bounce fizzles as EIA predicts record US output Gold prices consolidate ahead of FOMC policy announcement API inventory data, OPEC report, Sessions testimony in focus Crude oil prices attempted to launch a recovery – rising to a three-day high – but the advance was aborted …

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EUR/USD Shows Signs of Recovery But Remains Under Pressure

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EURO/USD Shows Signs of Recovery but Remains Under Pressure After a busy week conducted for euro as ECB kept at 0% basis not tapering with QE purchasing program, a negative shock selling wave pushing to 1.1166 testing a strong support and re-bouncing to 1.1237 high in Friday. Yesterday, the euro …

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US Dollar May Rise on Fed Optimism, European Political Woes

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Fundamental Forecast for the US Dollar: Neutral US Dollar rebounds as Comey ducks bombshells in testimony Steady Fed rate hike forecast may see the recovery extended European political instability jitters might offer more support Want to discuss the market outlook with a DailyFX analyst? Sign up for a live webinar! …

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Canadian Dollar Unchanged Awaiting UK Election Results

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The was almost flat on Thursday trading despite the European Central Bank (ECB) releasing its and the awaited testimony of former FBI director James Comey before the US Senate Intelligence Committee regarding his meetings with President Donald Trump and the ongoing investigation with members of the Trump administration and Russia …

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Asian Stocks Hold Up Despite UK Election Shock, GBP Sinks

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Talking Points: Asian stocks were mostly slightly higher on Friday The UK’s surprise election result hit the Pound, but damage so far has been limited to that Huge uncertainty remains however, as the UK Conservative party considers coalition Give your Asian market trading strategy a tune-up with the DailyFX guide …

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Australia’s Economy Expanded Faster-Than-Expected In The First Quarter

australia flag australian flag

    For the 24 hours to 23:00 GMT, the AUD rose 0.36% against the USD and closed at 0.7514. LME prices declined 0.8% or $46.0/MT to $5540.5/MT. Aluminium prices declined 1.3% or $24.5/MT to $1893.0/MT. In the Asian session, at GMT0300, the pair is trading at 0.7536, with the …

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Forex – Dollar pares gains after U.S. service data misses forecasts – Nasdaq

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Investing.com – Investing.com – The dollar trimmed gains against a basket of the other major currencies on Monday, after reports showing that activity in the U.S. service sector slowed more than expected last month and U.S. factory orders fell for the first time in five months. The U.S. dollar index, …

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