Monthly Archives: August 2020

USD/JPY: Japan’s economy contracted in 1Q 2020

Posted on August 3, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the JPY and closed at 105.84 on Friday. In the Asian session, at GMT0300, the pair is trading at 105.84, with the USD trading flat against … Continue reading →

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GBP/USD: UK’s Nationwide house prices unexpectedly rebounded in July

Posted on August 3, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3089 on Friday. On the data front, UK’s Nationwide housing prices unexpectedly rose 1.7% on a monthly basis in July, marking … Continue reading →

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EUR/USD: Euro-zone’s economy contracted on a quarterly basis in the second quarter

Posted on August 3, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.1782 on Friday, after the Euro-zone’s economy contracted at its fastest pace on record in the second quarter. On the macro … Continue reading →

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