GBP/USD: British Pound trading a tad lower in the morning session

Posted on May 24, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2663, after Prime Minister Theresa May’s second Brexit referendum was rejected in the parliament. In the Asian session, at GMT0300, the … Continue reading →

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EUR/USD: Euro-zone’s manufacturing and services PMI’s unexpectedly declined in May

Posted on May 24, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1183. On the macro front, the Euro-zone’s manufacturing PMI unexpectedly contracted to a level of 47.7 in May, defying market expectations … Continue reading →

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AUD/USD: Australia’s CBA manufacturing PMI advanced in May

Posted on May 23, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.6881. LME Copper prices declined 1.4% or $84.0/MT to $5920.0/MT. Aluminium prices declined 1.1% or $19.0/MT to $1747.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s retail sales climbed less-than-expected in March

Posted on May 23, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3433. Data indicated that Canada’s retail sales rose 1.1% on a monthly basis in March, undershooting market consensus for a gain … Continue reading →

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

Posted on May 23, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 1.0092. In the Asian session, at GMT0300, the pair is trading at 1.0083, with the USD trading 0.09% lower against the … Continue reading →

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USD/JPY: Japan’s manufacturing PMI declined in May

Posted on May 23, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the JPY and closed at 110.29. In the Asian session, at GMT0300, the pair is trading at 110.26, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: Britain’s consumer price index rose less than expected in April

Posted on May 23, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2664, amid speculation that Prime Minister Theresa May’s leadership could come to an end, after her new Brexit plan was rejected. … Continue reading →

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EUR/USD: Euro extends its losses in the Asian session

Posted on May 23, 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 1.1156. In the US, data showed that the MBA mortgage applications rose 2.4% on a weekly basis in the week ended … Continue reading →

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AUD/USD: Aussie extends its losses in the Asian session

Posted on May 22, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.35% against the USD and closed at 0.6886. LME Copper prices rose 0.3% or $19.0/MT to $6004.0/MT. Aluminium prices declined 1.1% or $20.0/MT to $1766.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat in the Asian session

Posted on May 22, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD and closed at 1.3402. In the Asian session, at GMT0300, the pair is trading at 1.3402, with the USD trading flat against the CAD … Continue reading →

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USD/CHF: OECD expects Switzerland’s economic growth to slow in 2019

Posted on May 22, 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 1.0110. In economic news, Switzerland’s M3 money supply climbed 3.5% on an annual basis in April, compared to a revised rise … Continue reading →

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