GBP/USD: Britain’s construction PMI climbed in March

Posted on April 3, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.40% against the USD and closed at 1.3129, after Prime Minister Theresa May stated that she would ask the EU for an extension to the Brexit deadline. On … Continue reading →

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EUR/USD: Euro-zone’s producer price inflation rose at a slower than expected pace in February

Posted on April 3, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1204. In economic news, the Euro-zone’s producer price index (PPI) advanced 3.0% on a yearly basis in February, compared to a … Continue reading →

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AUD/USD: RBA held its key interest rate steady at 1.50%

Posted on April 2, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.7112. LME Copper prices rose 0.2% or $13.0/MT to $6498.0/MT. Aluminium prices declined 0.6% or $12.0/MT to $1888.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s RBC manufacturing PMI declined in March

Posted on April 2, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD and closed at 1.3312. Data indicated that Canada’s RBC manufacturing PMI fell to a level of 50.5 in March, following a reading of 52.6 … Continue reading →

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USD/CHF: Switzerland’s real retail sales dropped for the fourth straight month in February

Posted on April 2, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9990. On the data front, Switzerland’s SVME manufacturing PMI declined to a level of 50.3 in March, more than market consensus … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on April 2, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the JPY and closed at 111.41. In the Asian session, at GMT0300, the pair is trading at 111.33, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: UK’s manufacturing PMI unexpectedly climbed in March

Posted on April 2, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.3077. In the economic news, UK’s manufacturing PMI unexpectedly climbed to a level of 55.1 in March, notching its highest level … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI contracted to its lowest level in six years in March

Posted on April 2, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1206, weighed down by steep losses in manufacturing activity in the euro area. Data showed that the Euro-zone’s final manufacturing PMI … Continue reading →

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AUD/USD: Aussie trading higher ahead of RBA’s key rate decision

Posted on April 1, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.32% against the USD and closed at 0.7100 on Friday. LME Copper prices rose 1.6% or $100.0/MT to $6485.0/MT. Aluminium prices climbed 0.2% or $3.5/MT to $1900.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning

Posted on April 1, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.3363 on Friday. The Canadian dollar rose against the US dollar, following stronger than expected growth in Canada’s gross domestic product … Continue reading →

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USD/CHF: Switzerland’s KOF leading indicator climbed in March

Posted on April 1, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9957 on Friday. On the data front, Switzerland’s KOF leading indicator advanced to 97.4 in March, surpassing market expectations for a … Continue reading →

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