AUD/USD: Australia’s building approvals tumbled beyond estimates in April,

Posted on May 30, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.06% against the USD and closed at 0.6918. LME Copper prices declined 1.5% or $92.0/MT to $5864.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1770.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: BoC opted to leave its interest rate steady at 1.75%

Posted on May 30, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3514. The Canadian dollar fell against the US dollar, following the Bank of Canada’s (BoC) rate decision. The BoC, in its … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s KOF economic barometer declined in May

Posted on May 30, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 1.0082. Data showed that Switzerland’s KOF economic barometer dropped to a level of 94.4 in May, more than market consensus for … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading a tad higher in the morning session

Posted on May 30, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the JPY and closed at 109.60. In the Asian session, at GMT0300, the pair is trading at 109.57, with the USD trading slightly lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Sterling trading slightly lower in the Asian session

Posted on May 30, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2629, amid ongoing Brexit uncertainty. In the Asian session, at GMT0300, the pair is trading at 1.2628, with the GBP trading … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s unemployment rate unexpectedly advanced for the first time since 2013 in May

Posted on May 30, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1137. On the macro front, Germany’s seasonally adjusted unemployment rate unexpectedly climbed to 5.0% in May, rising for the first time … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on May 29, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.6922. LME Copper prices rose 0.6% or $37.5/MT to $5956.5/MT. Aluminium prices rose 0.7% or $11.5/MT to $1773.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher, ahead of BoC’s key interest rate decision

Posted on May 29, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3493. In the Asian session, at GMT0300, the pair is trading at 1.3485, with the USD trading 0.06% lower against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s GDP growth accelerates in the first quarter

Posted on May 29, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 1.0072. Macroeconomic data indicate that Switzerland’s seasonally adjusted gross domestic product (GDP) advanced 0.6% on a quarterly basis in 1Q 2019, … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading a tad lower in the Asian session

Posted on May 29, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the JPY and closed at 109.37. In the Asian session, at GMT0300, the pair is trading at 109.40, with the USD trading marginally higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s mortgage approvals surprisingly climbed to a two-year high level in April

Posted on May 29, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.20% against the USD and closed at 1.2657. Data showed that UK’s BBA mortgage approvals surprisingly rose to a two-year high level of 42.9K in April, signalling recovery … Continue reading →

Posted in GBP/USD | Comments Off