GBP/USD: Britain’s economic growth expanded at its quickest pace in two-years in 3Q 2018

Posted on November 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.74% against the USD and closed at 1.2970 on Friday. On the data front, UK’s flash gross domestic product (GDP) climbed 0.6% on a quarterly basis in 3Q … Continue reading →

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

Posted on November 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1333 on Friday. In the US, data showed that US producer price rose 2.9% on an annual basis in October, rising … Continue reading →

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AUD/USD: Aussie extends its losses this morning

Posted on November 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.15% against the USD and closed at 0.7262. LME Copper prices declined 1.2% or $73.0/MT to $6137.0/MT. Aluminium prices rose 1.3% or $25.5/MT to $1977.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts climbed more-than-estimated in October

Posted on November 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD and closed at 1.3151. Data showed that Canada’s seasonally adjusted housing starts advanced to a level of 205.9K in October, higher than market expectations … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained unchanged in October

Posted on November 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 1.0057. On the data front, Switzerland’s seasonally adjusted unemployment rate remained steady at a rate of 2.5% in October, at par … Continue reading →

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

Posted on November 9, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the JPY and closed at 114.03. In the Asian session, at GMT0400, the pair is trading at 113.90, with the USD trading 0.11% lower against the … Continue reading →

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GBP/USD: British Pound extends its losses in the morning session

Posted on November 9, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.48% against the USD and closed at 1.3067. In the Asian session, at GMT0400, the pair is trading at 1.3049, with the GBP trading 0.14% lower against the … Continue reading →

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EUR/USD: EU forecasts slowdown in Euro-zone’s economic growth

Posted on November 9, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.1367, after the European Commission lowered the country’s growth forecast. The European Commission, in its Autumn forecast, warned that economic growth … Continue reading →

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AUD/USD: Aussie extends it gains in the Asian session

Posted on November 8, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.51% against the USD and closed at 0.7273. LME Copper prices rose 0.1% or $5.0/MT to $6210.0/MT. Aluminium prices rose 0.1% or $1.5/MT to $1951.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s Ivey purchasing manager’s index climbed in October

Posted on November 8, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3115. On the macro front, Canada’s seasonally adjusted Ivey PMI jumped to a level of 61.8 in October, following a reading … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on November 8, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 1.0020. In the Asian session, at GMT0400, the pair is trading at 1.0023, with the USD trading marginally higher against the … Continue reading →

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