USD/JPY: Japan’s monthly industrial output declines at par with market forecast in May

Posted on July 13, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the JPY and closed at 112.63. In the Asian session, at GMT0300, the pair is trading at 112.60, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: Britain’s unsecured lending demand to increase in Q3 2018: BoE credit survey

Posted on July 13, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3182. As per the Bank of England’s (BoE) Credit Conditions survey, household demand for secured lending for re-mortgaging increased in the … Continue reading →

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EUR/USD: EU lowers Euro-zone’s 2018 GDP forecast

Posted on July 13, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1662, after the European Commission downgraded Eurozone’s growth outlook, citing trade war concerns. The European Commission, in its latest Summer Interim … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on July 12, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.83% against the USD and closed at 0.7365. LME Copper prices declined 2.0% or $126.0/MT to $6182.0/MT. Aluminium prices declined 0.9% or $20.0/MT to $2120.5/MT. In the Asian … Continue reading →

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USD/CAD: BoC raises key interest rates, despite trade tensions

Posted on July 12, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.3211. Yesterday, the Bank of Canada (BoC), at its July monetary policy meeting, raised its benchmark interest rate to 1.50% from … Continue reading →

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

Posted on July 12, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9957. In the Asian session, at GMT0300, the pair is trading at 0.9958, with the USD trading marginally higher against the … Continue reading →

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USD/JPY: Japanese yen trading on a weaker footing this morning

Posted on July 12, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.95% against the JPY and closed at 111.94. In the Asian session, at GMT0300, the pair is trading at 112.26, with the USD trading 0.29% higher against the … Continue reading →

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GBP/USD: Sterling extends its losses in the Asian session

Posted on July 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.3205. In the Asian session, at GMT0300, the pair is trading at 1.3196, with the GBP trading 0.07% lower against the … Continue reading →

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EUR/USD: Commitment to the “European Stability Mechanism” necessary for financial stability: Mario Draghi

Posted on July 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.1675. The European Central Bank (ECB) President, Mario Draghi stated that the improvement in the euro-area inflation is on a self-sustained … Continue reading →

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

Posted on July 11, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.50% against the USD and closed at 0.7427. LME Copper prices declined 1.2% or $75.0/MT to $6308.0/MT. Aluminium prices rose 0.2% or $5.0/MT to $2140.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of BoC’s interest rate decision.

Posted on July 11, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3139. Data showed that, Canada’s seasonally adjusted housing starts jumped to a level of 248.1K in June, signalling strength in consumer … Continue reading →

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