USD/CAD: Canadian trade deficit narrowed to a 6-month low level in April

Posted on June 7, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.2959. On the macro front, Canada’s trade deficit contracted to a 6-month low level of C$1.90 billion in April, amid a surge … Continue reading →

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USD/CHF: Switzerland’s inflation advanced above expectations in May

Posted on June 7, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9865. Macroeconomic data indicated that Switzerland’s consumer price index (CPI) rose by 0.4% on a monthly basis in May, more than … Continue reading →

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USD/JPY: Japanese yen trading higher, ahead of Japan’s 1Q GDP data

Posted on June 7, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the JPY and closed at 110.21. In the Asian session, at GMT0300, the pair is trading at 109.88, with the USD trading 0.30% lower against the … Continue reading →

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

Posted on June 7, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3410. In the Asian session, at GMT0300, the pair is trading at 1.3426, with the GBP trading 0.12% higher against the … Continue reading →

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EUR/USD: Euro trading on a stronger footing, ahead of crucial Euro-zone 1Q GDP numbers

Posted on June 7, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.1770, following bullish comments from European Central Bank’s Chief Economist, Peter Praet. The ECB Chief Economist stated that the underlying strength … Continue reading →

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AUD/USD: Australia’s economy grows at fastest pace in nearly two years

Posted on June 6, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.51% against the USD and closed at 0.7613. LME Copper prices rose 0.52% or $36.0/MT to $6971/MT. Aluminium prices declined 0.43% or $10.0/MT to $2314.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on stronger footing this morning

Posted on June 6, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.2975. In the Asian session, at GMT0300, the pair is trading at 1.2946, with the USD trading 0.22% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s crucial inflation data

Posted on June 6, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CHF and closed at 0.9847. In the Asian session, at GMT0300, the pair is trading at 0.9839, with the USD trading 0.08% lower against the … Continue reading →

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USD/JPY: Japanese yen trading lower this morning

Posted on June 6, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the JPY and closed at 109.74. In the Asian session, at GMT0300, the pair is trading at 109.84, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: Growth in UK’s services sector climbed to a 3-month high in May

Posted on June 6, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.56% against the USD and closed at 1.3389, following upbeat in UK’s service data. On the macro front, UK’s services PMI jumped to a level of 54.0 in … Continue reading →

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EUR/USD: Growth in the Euro-zone’s service sector slowed to a 1.5 year low

Posted on June 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1714. In economic news, the Euro-zone’s final Markit services PMI dropped more than initially estimated to a level of 53.8 in … Continue reading →

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