USD/JPY: Japan’s industrial production dropped in April

Posted on June 15, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.53% against the JPY and closed at 107.36 on Friday. On the data front, Japan’s industrial production dropped 9.8% on a monthly basis in April, compared to a … Continue reading →

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GBP/USD: UK’s economy contracted at its fastest pace in April

Posted on June 15, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.87% against the USD and closed at 1.2524 on Friday, on the back of dismal economic data. On the data front, UK’s gross domestic product (GDP) plunged 20.4% … Continue reading →

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EUR/USD: Euro-zone’s industrial production dropped in April

Posted on June 15, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1254 on Friday. On the macro front, Euro-zone’s industrial production dropped 17.1% on a monthly basis in April, less than market … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on June 12, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.93% against the USD and closed at 0.6840. LME Copper prices marginally rose or $0.5/MT to $5,801.5/MT. Aluminium prices declined 2.0% or $31.5/MT to $1,582.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on June 12, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.52% against the CAD and closed at 1.3631, as investors reassessed the prospects of global economy recovery from the coronavirus crisis. In the Asian session, at GMT0300, the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on June 12, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.04% against the CHF and closed at 0.9441. In the Asian session, at GMT0300, the pair is trading at 0.9446, with the USD trading 0.05% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the morning session

Posted on June 12, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 3.00% against the JPY and closed at 106.84. In the Asian session, at GMT0300, the pair is trading at 106.85, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: British Pound trading on a weaker footing this morning

Posted on June 12, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 3.42% against the USD and closed at 1.2583. In the Asian session, at GMT0300, the pair is trading at 1.2564, with the GBP trading 0.15% lower against the … Continue reading →

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

Posted on June 12, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.1296. In the US, the producer price index rose 0.4% on a monthly basis in May, driven by rise in food … Continue reading →

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AUD/USD: Australia’s consumer inflation expectations rose in June

Posted on June 11, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.32% against the USD and closed at 0.6995. LME Copper prices rose 2.1% or $120.5/MT to $5,801.0/MT. Aluminium prices climbed 3.1% or $48.0/MT to $1,613.5/MT. In the Asian … Continue reading →

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

Posted on June 11, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.78% against the CAD and closed at 1.3405. In the Asian session, at GMT0300, the pair is trading at 1.3427, with the USD trading 0.16% higher against the … Continue reading →

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