USD/CAD: Loonie trading lower in the morning session

Posted on November 8, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.3174. In the Asian session, at GMT0400, the pair is trading at 1.3184, with the USD trading 0.08% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a positive footing in the Asian session

Posted on November 8, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9950. In the Asian session, at GMT0400, the pair is trading at 0.9944, with the USD trading 0.06% lower against the … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on November 8, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the JPY and closed at 109.29. In the Asian session, at GMT0400, the pair is trading at 109.21, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: BoE leaves interest rate unchanged at 0.75%

Posted on November 8, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.33% against the USD and closed at 1.2814, after two Bank of England policymakers voted in favour of interest rate cuts. The BoE, in its latest monetary policy … Continue reading →

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EUR/USD: EU Commission slashed the region’s economic growth forecast

Posted on November 8, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1050, after the European Union (EU) Commission downgraded Euro-zone’s growth forecast for 2019 and 2020. The European Central Bank (ECB), in … Continue reading →

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AUD/USD: Australia’s trade surplus widened in September

Posted on November 7, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.17% against the USD and closed at 0.6881. LME Copper prices rose 0.6% or $33.5/MT to $5913.5/MT. Aluminium prices rose 0.2% or $4.0/MT to $1817.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s Ivey PMI contracted to its lowest level in 4.5 years in October

Posted on November 7, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD and closed at 1.3186. In economic news, Canada’s seasonally adjusted Ivey PMI unexpectedly contracted to its lowest level in 4.5 years to 48.2 in … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the morning sission

Posted on November 7, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9926. In the Asian session, at GMT0400, the pair is trading at 0.9925, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on November 7, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 108.97. In the Asian session, at GMT0400, the pair is trading at 108.69, with the USD trading 0.26% lower against the … Continue reading →

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GBP/USD: Britain’s economy would grow by 1.2% in 2019: IMF

Posted on November 7, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.21% against the USD and closed at 1.2857, ahead of the Bank of England’s (BoE) interest rate decision on Thursday . Separately, the IMF forecasted that Britain’s economy … Continue reading →

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EUR/USD: IMF downgrades Euro-zone’s 2019 growth forecast to 1.2%

Posted on November 7, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.05% against the USD and closed at 1.1069. On the data front, Euro-zone’s final Markit services PMI advanced to a level of 52.2 in October, more than market … Continue reading →

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