GBP/USD: UK’s unemployment rate remained steady in May

Posted on July 17, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.30% against the USD and closed at 1.2554. On the data front, UK’s ILO unemployment rate remained unchanged at 3.9% in three months ended May, less than market … Continue reading →

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EUR/USD: ECB keeps interest rates on hold

Posted on July 17, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1384. On the macro front, Euro-zone’s trade surplus widened to £8.0 billion in May, amid easing of coronavirus-led lockdown restrictions and … Continue reading →

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AUD/USD: Australia’s unemployment rate rose to a 22-year high in June

Posted on July 16, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.7007. LME Copper prices rose 0.3% or $17.5/MT to $6,507.0/MT. Aluminium prices climbed 0.7% or $11.0/MT to $1,651.0/MT. In the Asian … Continue reading →

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USD/CAD: Bank of Canada (BoC) kept its key interest rate unchanged

Posted on July 16, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD and closed at 1.3507. On the data front, Canada’s manufacturing sales jumped 10.7% on a monthly basis in May, beating market expectations for a … Continue reading →

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

Posted on July 16, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.9441. In the Asian session, at GMT0300, the pair is trading at 0.9454, with the USD trading 0.14% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on July 16, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 106.89. In the Asian session, at GMT0300, the pair is trading at 106.95, with the USD trading 0.06% higher against the … Continue reading →

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GBP/USD: UK’s consumer price index rose in June

Posted on July 16, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.2592. On the data front, UK’s consumer price index increased 0.6% on a yearly basis in June, beating market expectations for … Continue reading →

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

Posted on July 16, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.05% against the USD and closed at 1.1415. In the US, industrial production climbed 5.4% on a monthly basis in June, more than market forecast for a rise … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence dropped in July

Posted on July 15, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.62% against the USD and closed at 0.6987. LME Copper prices declined 0.9% or $55.5MT to $6,489.5/MT. Aluminium prices fell 1.5% or $25.0/MT to $1,640.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat in the Asian session

Posted on July 15, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3601. In the Asian session, at GMT0300, the pair is trading at 1.3601, with the USD trading flat against the CAD … Continue reading →

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USD/CHF: Switzerland’s producer and import prices unexpectedly rose in June

Posted on July 15, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9396. On the data front, Switzerland’s producer and import prices unexpectedly rose 0.5% on a monthly basis in June, defying market … Continue reading →

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