USD/JPY: Japanese Yen trading a tad higher in the morning session

Posted on August 14, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the JPY and closed at 106.97. In the Asian session, at GMT0300, the pair is trading at 106.95, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: British Pound trading lower in the morning session

Posted on August 14, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.3069. In the Asian session, at GMT0300, the pair is trading at 1.3054, with the GBP trading 0.11% lower against the … Continue reading →

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EUR/USD: Euro reverses its gains in the morning session

Posted on August 14, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.1817. On the macro front, Germany’s consumer price index fell 0.1% on a yearly basis in July, compared to a rise … Continue reading →

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AUD/USD: Australia’s consumer inflation expectations climbed in August

Posted on August 13, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7160. LME Copper prices rose 0.4% or $22.5/MT to $6,379.0 /MT. Aluminium prices climbed 0.3% or $4.5/MT to $1,754.0/MT. In the … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on August 13, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD and closed at 1.3249. In the Asian session, at GMT0300, the pair is trading at 1.3235, with the USD trading 0.11% lower against the … Continue reading →

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

Posted on August 13, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CHF and closed at 0.9122. In the Asian session, at GMT0300, the pair is trading at 0.9105, with the USD trading 0.19% lower against the … Continue reading →

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USD/JPY: Japan’s producer price index rose in July

Posted on August 13, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the JPY and closed at 106.86. In the Asian session, at GMT0300, the pair is trading at 106.70, with the USD trading 0.15% lower against the … Continue reading →

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GBP/USD: UK’s economy contracted in the 2Q 2020

Posted on August 13, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.3036, after Britain’s economy entered into recession. On the data front, UK’s gross domestic product plunged 20.4% on a quarterly basis … Continue reading →

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EUR/USD: Euro-zone’s industrial production grew less than expected in June

Posted on August 13, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1787. On the macro front, Euro-zone’s industrial production rose 9.1% on a monthly basis in June, less than market expectations for … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence deteriorated in August

Posted on August 12, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7147. LME Copper prices declined 0.1% or $6.5/MT to $6,356.5/MT. Aluminium prices rose 1.1% or $19.5/MT to $1,749.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts unexpectedly climbed in July

Posted on August 12, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD and closed at 1.3302. On the data front, Canada’s housing starts unexpectedly climbed to 245.6K on a yearly basis in July, defying market expectations … Continue reading →

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