Monthly Archives: August 2018

USD/JPY: BoJ: Maintains monetary stimulus and makes policy framework flexible

Posted on August 1, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the JPY and closed at 111.75. Yesterday, the Bank of Japan, in its July monetary policy meeting, kept its key interest rate unchanged at -0.10%, in … Continue reading →

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GBP/USD: Sterling trading on a weaker footing in the morning session

Posted on August 1, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.14% against the USD and closed at 1.3118. In the Asian session, at GMT0300, the pair is trading at 1.3112, with the GBP trading 0.05% lower against the … Continue reading →

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EUR/USD: Eurozone’s Q2 GDP growth at 2-year low while consumer prices exceed forecast in July

Posted on August 1, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1688. Macroeconomic data showed that, Eurozone’s seasonally adjusted gross domestic product (GDP) grew at a slower than expected pace of 0.3% … Continue reading →

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