GBP/USD: UK’s Markit manufacturing PMI climbed in May

Posted on June 2, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 4.16% against the USD and closed at 1.2486. On the data front, UK’s Markit manufacturing PMI advanced to 40.7 in May, compared to a level of 32.6 in … Continue reading →

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EUR/USD: Euro-zone’s Markit manufacturing PMI advanced in May

Posted on June 2, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1132. On the macro front, Euro-zone’s Markit manufacturing PMI climbed to 39.4 in May, compared to a reading of 33.4 in … Continue reading →

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AUD/USD: Australia’s AiG performance of manufacturing index rose in May

Posted on June 1, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.48% against the USD and closed at 0.6664 on Friday. Elsewhere in China, Australia’s largest trading partner, China’s non-manufacturing PMI climbed to 53.6 in May, compared to a … Continue reading →

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USD/CAD: Canada’s annualised gross domestic product (GDP) dropped in 1Q 2020

Posted on June 1, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.56% against the CAD and closed at 1.3767 on Friday. On the data front, Canada’s annualised gross domestic product (GDP) dropped 8.2% on a quarterly basis in the … Continue reading →

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USD/CHF: Switzerland’s KOF leading indicator unexpectedly dropped in May

Posted on June 1, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.9618 on Friday. On the data front, Switzerland’s KOF leading indicator unexpectedly dropped to 53.2 in May, less than market expectations … Continue reading →

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USD/JPY: Japan’s consumer confidence index unexpectedly rose in May

Posted on June 1, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.12% against the JPY and closed at 107.81 on Friday. On the data front, Japan’s annualised housing starts 12.9% on a yearly basis in April, more than market … Continue reading →

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GBP/USD: British Pound reverses its losses in the Asian session

Posted on June 1, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.20% against the USD and closed at 1.2350 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2402, with the GBP trading 0.42% higher … Continue reading →

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EUR/USD: Euro-zone’s consumer price inflation slowed in May

Posted on June 1, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.23% against the USD and closed at 1.1099 on Friday. On the macro front, Euro-zone consumer price inflation slowed to 0.1% on yearly basis in May, marking its … Continue reading →

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AUD/USD: Australia’s private sector credit remained steady in April

Posted on May 29, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.98% against the USD and closed at 0.6629. LME Copper prices declined 0.6% or $30.0/MT to $5,278.5/MT. Aluminium prices fell 0.2% or $3.5/MT to $1,500.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s current account deficit widened in 1Q20

Posted on May 29, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.63% against the CAD and closed at 1.3776. On the data front, Canada’s current account deficit widened to C$11.1 billion in the first quarter of 2020, more than … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on May 29, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9645. In the Asian session, at GMT0300, the pair is trading at 0.9633, with the USD trading 0.12% lower against the … Continue reading →

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