USD/CHF: Switzerland’s unemployment rate remained steady in July

Posted on August 10, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9940. On the macro front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at a rate of 2.6% in July, marking its … Continue reading →

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USD/JPY: Japan’s economy returns to growth in second quarter

Posted on August 10, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the JPY and closed at 111.15. Data indicated that Japan’s flash machine tool orders surged 13.0% on an annual basis in July, following an advance of … Continue reading →

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GBP/USD: Sterling trading on stronger footing in the morning session

Posted on August 10, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.47% against the USD and closed at 1.2823. In the Asian session, at GMT0300, the pair is trading at 1.2830, with the GBP trading 0.05% higher against the … Continue reading →

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

Posted on August 10, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.78% against the USD and closed at 1.1522. In the US, data showed that US producer price index advanced 3.3% in July, less than market consensus for a … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on August 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.15% against the USD and closed at 0.7431. LME Copper prices declined 0.3% or $19.0/MT to $6113.0/MT. Aluminium prices remain unchanged at $2022.0/MT. In the Asian session, at … Continue reading →

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USD/CAD: Canada’s building permits retreated in June

Posted on August 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3018. Data showed that, Canada’s building permits retreated 2.3% on monthly basis in June, amid weakness in the residential sector and … Continue reading →

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

Posted on August 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9930. In the Asian session, at GMT0300, the pair is trading at 0.9926, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japan’s machinery orders declined sharply at its fastest pace in six months in June

Posted on August 9, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the JPY and closed at 110.90. In the Asian session, at GMT0300, the pair is trading at 110.79, with the USD trading 0.10% lower against the … Continue reading →

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GBP/USD: Sterling trading slightly higher in the Asian session

Posted on August 9, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.46% against the USD and closed at 1.2883, amid lingering fears over no-deal Brexit. In the Asian session, at GMT0300, the pair is trading at 1.2885, with the … Continue reading →

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

Posted on August 9, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.1612. In the US, data revealed that mortgage applications slid 3.0% on a weekly basis in the week ended 03 August … Continue reading →

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AUD/USD: Does not see a strong case for a near-term policy change: RBA Governor, Philip Lowe

Posted on August 8, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7420. LME Copper prices rose 1.5% or $92.0/MT to $6132.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2026.5/MT. In the Asian … Continue reading →

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