GBP/USD: British Pound trading on a negative footing this morning

Posted on August 13, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.32% against the USD and closed at 1.2078. In the Asian session, at GMT0300, the pair is trading at 1.2068, with the GBP trading 0.08% lower against the … Continue reading →

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

Posted on August 13, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1216. The US Federal Reserve, in its monthly budget statement, showed that the US budget deficit widened to $119.7 billion in … Continue reading →

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

Posted on August 12, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.6783 on Friday. LME Copper prices rose 0.4% or $21.0/MT to $5744.0/MT. Aluminium prices rose 0.5% or $8.5/MT to $1746.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate unexpectedly rose in July

Posted on August 12, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3208 on Friday. Data showed that Canada’s unemployment rate unexpectedly advanced to 5.7% in July, defying market expectations for an unchanged … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained steady in July

Posted on August 12, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9728 on Friday. On the data front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 2.3% in July, meeting market expectations. … Continue reading →

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

Posted on August 12, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the JPY and closed at 105.60 on Friday. In the Asian session, at GMT0300, the pair is trading at 105.47, with the USD trading 0.13% lower … Continue reading →

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GBP/USD: Britain’s economy contracted for the first time in seven years in 2Q 2019

Posted on August 12, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.88% against the USD and closed at 1.2034 on Friday, after the British economy contracted for the first time since 2012 in the second quarter. In economic news, … Continue reading →

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EUR/USD: Germany’s trade surplus narrowed more-than-estimated in June

Posted on August 12, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1202 on Friday. On the macro front, Germany’s seasonally adjusted trade surplus narrowed to €16.8 billion in June, as imports surged … Continue reading →

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AUD/USD: RBA could ease its record-low interest rates to zero or negative: RBA Governor

Posted on August 9, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.50% against the USD and closed at 0.6797. LME Copper prices rose 0.9% or $49.5/MT to $5723.0/MT. Aluminium prices rose 0.6% or $9.5/MT to $1737.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new housing price index declined more-than-expected in June

Posted on August 9, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD and closed at 1.3231. Data showed that Canada’s new housing price index fell 0.2% on an annual basis in June, compared to a flat … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on August 9, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9740. In the Asian session, at GMT0300, the pair is trading at 0.9738, with the USD trading a tad lower against … Continue reading →

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