AUD/USD: Aussie reverses its losses in the morning session

Posted on June 22, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.20% against the USD and closed at 0.6844 on Friday. LME Copper prices rose 0.6% or $36.5/MT to $5,835.5/MT. Aluminium prices declined 0.5% or $8.5/MT to $1,578.0/MT. In … Continue reading →

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USD/CAD: Canada’s retail sales plunged in April

Posted on June 22, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.3609 on Friday. On the data front, Canada’s retail sales plunged 26.4% on a monthly basis in April, more than market … Continue reading →

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USD/CHF: Swiss Franc trading flat in the morning session

Posted on June 22, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9521 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9521, with the USD trading flat against … Continue reading →

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

Posted on June 22, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the JPY and closed at 106.82 on Friday. In the Asian session, at GMT0300, the pair is trading at 106.88, with the USD trading 0.06% higher … Continue reading →

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GBP/USD: UK’s public sector net borrowing deficit widened in May

Posted on June 22, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.56% against the USD and closed at 1.2356 on Friday, after data indicated that government borrowing hit a record high level stoking concerns about economic recovery. On the … Continue reading →

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EUR/USD: Euro-zone’s current account surplus narrowed to a 3-year low level in April

Posted on June 22, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1184 on Friday. On the macro front, Euro-zone’s current account unexpectedly surplus narrowed to €14.4 billion in April, recording its lowest … Continue reading →

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AUD/USD: Australia’s retail sales rebounded in May

Posted on June 19, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.6858. LME Copper prices rose 1.1% or $65.0/MT to $5,799.0/MT. Aluminium prices climbed 0.6% or $9.0/MT to $,1586.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new house prices edged up in May

Posted on June 19, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3596. On the macro front, Canada’s new housing price index rose 0.1% on a monthly basis in May, less than market … Continue reading →

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USD/CHF: SNB expects worst Swiss economic contraction in over five decades

Posted on June 19, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9514. Data showed that Switzerland’s trade surplus narrowed to CHF2.8 billion in May, amid plunge in watch exports and compared to … Continue reading →

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

Posted on June 19, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the JPY and closed at 106.96. In the Asian session, at GMT0300, the pair is trading at 106.92, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: BoE increases its quantitative easing programme

Posted on June 19, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.04% against the USD and closed at 1.2426, after the Bank of England (BoE) increased its bond-buying programme by £100 billion to bolster the coronavirus-hit economy. The BoE, … Continue reading →

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