EUR/USD: Euro-zone’s inflation rose for a third consecutive month in July, reaching its highest level since December 2012

Posted on August 20, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.58% against the USD and closed at 1.1440 on Friday. Macroeconomic data showed that Euro-zone’s final consumer price index (CPI) rose as initially estimated to 2.1% on annual … Continue reading →

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

Posted on August 17, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.33% against the USD and closed at 0.7262. LME Copper prices rose 0.3% or $17.0/MT to $5860.0/MT. Aluminium prices rose 0.2% or $3.5/MT to $1998.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing sales climbed more than forecast in June

Posted on August 17, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD and closed at 1.3158. Data indicated that Canada’s manufacturing shipments climbed 1.1% on a monthly basis in June, supported by a sharp increase in … Continue reading →

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

Posted on August 17, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9971. In the Asian session, at GMT0300, the pair is trading at 0.9967, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japanese yen trading higher in the Asian session

Posted on August 17, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the JPY and closed at 110.95. In the Asian session, at GMT0300, the pair is trading at 110.89, with the USD trading 0.05% lower against the … Continue reading →

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GBP/USD: Britain’s retail sales rebounded in July

Posted on August 17, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2714, on the back of better than expected retail sales data. Data showed that UK’s retail sales rebounded 0.7% on a … Continue reading →

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EUR/USD: Euro-zone’s trade surplus narrowed for the third consecutive month in June

Posted on August 17, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1374 In the economic news, Euro-zone’s seasonally adjusted trade surplus narrowed to €16.7 billion in June, contracting for the third consecutive … Continue reading →

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AUD/USD: Australia’s unemployment rate surprisingly declined in July

Posted on August 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD fell marginally against the USD and closed at 0.7238. LME Copper prices declined 3.6% or $216.0/MT to $5843.0/MT. Aluminium prices declined 2.1% or $43.5/MT to $1994.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales advanced in July

Posted on August 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3142. Data showed that Canada’s existing home sales climbed 1.9% on a monthly basis in July following a rise of 4.1% … Continue reading →

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USD/CHF: Swiss franc trading a tad higher this morning

Posted on August 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CHF and closed at 0.9935. In the Asian session, at GMT0300, the pair is trading at 0.9931, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japan posted a trade deficit in July

Posted on August 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the JPY and closed at 110.63. In the Asian session, at GMT0300, the pair is trading at 110.83, with the USD trading 0.18% higher against the … Continue reading →

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