GBP/USD: British Pound extends its losses in the Asian session

Posted on August 29, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.54% against the USD and closed at 1.2219, after British Prime Minister Boris Johnson announced plans to suspend Parliament in September, stoking fears of a no-deal Brexit. In … Continue reading →

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EUR/USD: Euro-zone’s M3 money supply rose more-than-anticipated in August

Posted on August 29, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1084. On the macro front, Euro-zone’s M3 money supply advanced 5.2% on a yearly basis in August, compared to a gain … Continue reading →

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AUD/USD: Australia’s construction work done fell for the fourth consecutive quarter in 2Q 2019

Posted on August 28, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.30% against the USD and closed at 0.6753. LME Copper prices declined 0.2% or $13.0/MT to $5662.0/MT. Aluminium prices fell 0.1% or $2.0/MT to $1744.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses amid dovish sentiments

Posted on August 28, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.3284. The Canadian dollar declined against the US dollar, amid speculations of an unanticipated rate cut in the upcoming monetary policy … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on August 28, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9815. In the Asian session, at GMT0300, the pair is trading at 0.9817, with the USD trading marginally higher against the … Continue reading →

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

Posted on August 28, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the JPY and closed at 105.78. In the Asian session, at GMT0300, the pair is trading at 105.84, with the USD trading 0.06% higher against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals rose to a 2.5-year high level in July

Posted on August 28, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.52% against the USD and closed at 1.2285, amid continuous efforts by opposition political parties to avoid a ‘no-deal’ Brexit on 31 October. Data indicated that UK’s BBA … Continue reading →

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EUR/USD: Germany’s economy contracted as initially estimated in 2Q 2019

Posted on August 28, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1092. On the macro front, Germany’s seasonally adjusted final gross domestic product (GDP) fell 0.1% on a quarterly basis in 2Q … Continue reading →

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AUD/USD: Aussie reverses its gains in the morning session

Posted on August 27, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.59% against the USD and closed at 0.6773. LME Copper prices rose 0.1% or $7.0/MT to $5675.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1746.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on August 27, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD and closed at 1.3252. In the Asian session, at GMT0300, the pair is trading at 1.3237, with the USD trading 0.11% lower against the … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on August 27, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9790. In economic news, Switzerland’s total sight deposits rose to a level of CHF591.7 billion in the week ended 23 August, … Continue reading →

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