USD/CAD: Loonie trading a tad higher in the Asian session

Posted on July 9, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CAD and closed at 1.3518. In the Asian session, at GMT0300, the pair is trading at 1.3515, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate unexpectedly fell in June

Posted on July 9, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9384. On the data front, Switzerland’s unemployment rate unexpectedly fell to 3.3% in June, defying market consensus for a rise to … Continue reading →

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

Posted on July 9, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the JPY and closed at 107.28. In the Asian session, at GMT0300, the pair is trading at 107.30, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: UK’s RICS housing price balance rose more-than-expected in June

Posted on July 9, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.2610. On the data front, UK’s RICS housing price balance rose to -15.0% in June, more than market expectations for a … Continue reading →

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

Posted on July 9, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.1333. In the US, consumer credit dropped by $18.3 billion in May, more than market expectations and compared to a revised … Continue reading →

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AUD/USD: RBA keeps interest rates on hold

Posted on July 8, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.6946. The Reserve Bank of Australia (RBA), in its interest rate decision, kept its key interest rate unchanged at 0.25%, as … Continue reading →

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USD/CAD: Canada’s Ivey manufacturing activity expanded for the first time in four months

Posted on July 8, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD and closed at 1.3607. On the data front, Canada’s Ivey Purchasing Managers’ Index unexpectedly jumped to 58.2 in May, confounding market consensus for a … Continue reading →

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

Posted on July 8, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 0.9425. In the Asian session, at GMT0300, the pair is trading at 0.9426, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japan’s leading economic index unexpectedly rose in May

Posted on July 8, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the JPY and closed at 107.57. On the data front, Japan’s leading economic index unexpectedly rose to 79.3 in May, defying market forecast for a drop … Continue reading →

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GBP/USD: UK’s house prices dropped for the fourth consecutive month in June

Posted on July 8, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.2542, amid optimism over Brexit talks. On the data front, UK’s Halifax house prices slid 0.1% on a monthly basis in … Continue reading →

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EUR/USD: EU cuts economic forecasts for the Euro-zone

Posted on July 8, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1274, after the European Commission downgraded its 2020 growth forecast for the euro area. The European Commission forecasted that the Euro-area … Continue reading →

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