GBP/USD: UK’s ILO unemployment rate remained unchanged in April

Posted on June 17, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.52% against the USD and closed at 1.2569. On the data front, UK’s ILO unemployment rate unexpectedly remained unchanged at 3.9% in three months ended April. Meanwhile, average … Continue reading →

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EUR/USD: Euro-zone’s ZEW survey economic sentiment index climbed in June

Posted on June 17, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.1261. On the macro front, Euro-zone’s ZEW survey economic sentiment index climbed to 58.6 in June, compared to a level of … Continue reading →

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AUD/USD: Australia’s economic slowdown possibly shallower than previously thought, indicates RBA

Posted on June 16, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.55% against the USD and closed at 0.6942. LME Copper prices declined 2.4% or $139.5/MT to $5,646.0/MT. Aluminium prices fell 0.9% or $14.0/MT to $1,546.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing sales contracted in April

Posted on June 16, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.86% against the CAD and closed at 1.3545. On the data front, Canada’s manufacturing sales plunged 28.5% on a monthly basis in April, more than market expectations for … Continue reading →

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USD/CHF: Switzerland’s producer and import prices dropped in May

Posted on June 16, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.54% against the CHF and closed at 0.9490. On the data front, Switzerland’s producer and import prices dropped 4.5% on a yearly basis in May, less than market … Continue reading →

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USD/JPY: Japan’s tertiary industry index fell in April

Posted on June 16, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.5% against the JPY and closed at 107.40. On the data front, Japan’s tertiary industry index fell 6.0% on a monthly basis in April, compared to a fall … Continue reading →

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

Posted on June 16, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.12% against the USD and closed at 1.2622, as investors await the result of meeting between the UK and European Commission about Brexit trade negotiations. In the Asian … Continue reading →

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EUR/USD: Euro-zone’s trade surplus narrowed in April

Posted on June 16, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.1326. On the macro front, Euro-zone’s trade surplus narrowed to €1.2 billion in April, recording its lowest level since 2011 and … Continue reading →

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

Posted on June 15, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.67% against the USD and closed at 0.6858 on Friday. LME Copper prices declined 0.3% or $16.0/MT to $5,785.5/MT. Aluminium prices fell 1.4% or $22.0/MT to $1,560.0/MT. In … Continue reading →

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

Posted on June 15, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.23% against the CAD and closed at 1.3594 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3630, with the USD trading 0.26% higher … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on June 15, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CHF and closed at 0.9521 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9519, with the USD trading slightly lower … Continue reading →

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