GBP/USD: Brexit Secretary discloses prospects of “No-deal Brexit” plan

Posted on August 24, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.82% against the USD and closed at 1.2810, after Brexit Secretary, Dominic Raab revealed his department’s contingency plans for a no-deal exit from the EU and stated that … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence dipped to a 15-month low level in August, while manufacturing activity cooled to a 21-month low and services activity slid to a 23-month low in the same month

Posted on August 24, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1539, amid dismal economic data. On the data front, the Euro-zone’s preliminary consumer confidence index dropped to a 15-month low level … Continue reading →

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

Posted on August 23, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7350. LME Copper prices declined 0.4% or $25.5/MT to $6000.0/MT. Aluminium prices declined 0.1% or $2.0/MT to $2038.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s retail sales declined in June, at par with market expectations

Posted on August 23, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.2994. Macroeconomic news indicated that, Canada’s retail sales eased 0.2% on a monthly basis in June, in line with market expectations … Continue reading →

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USD/CHF: Swizz Franc trading on a weaker footing in the Asian session

Posted on August 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9827. In the Asian session, at GMT0300, the pair is trading at 0.9849, with the USD trading 0.22% higher against the … Continue reading →

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USD/JPY: Japan’s manufacturing PMI expanded for the 24-consecutive month in August

Posted on August 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 110.55. On the data front, Japan’s flash manufacturing PMI climbed to a level of 52.5 in August, expanding for the 24th … Continue reading →

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GBP/USD: Sterling trading lower in the morning session

Posted on August 23, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.2916. In the Asian session, at GMT0300, the pair is trading at 1.2871, with the GBP trading 0.35% lower against the … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on August 23, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1597. In the US, data showed that, US existing home sales unexpectedly slid 0.7% to a level of 5.34 million on … Continue reading →

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

Posted on August 22, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7358. LME Copper prices rose 1.1% or $62.5/MT to $6025.5/MT. Aluminium prices rose slightly to $2040.5/MT. In the Asian session, at … Continue reading →

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GBP/USD: UK’s public-sector net borrowing posted a surplus in July

Posted on August 22, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.83% against the USD and closed at 1.2903. On the macro front, Britain’s public-sector net borrowing reported a surplus of £2.9 billion in July, compared to a revised … Continue reading →

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EUR/USD: Euro trading a tad higher in the Asian session

Posted on August 22, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.73% against the USD and closed at 1.1574. The US dollar weakened against the euro, following US President, Donald Trump’s critical comments over the Federal Reserve’s interest rate … Continue reading →

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