USD/CHF: Switzerland’s trade surplus widened in April

Posted on May 27, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9654. On the data front, Switzerland’s trade surplus widened to CHF4.04 million in April, following a revised surplus of CHF3.96 million … Continue reading →

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

Posted on May 27, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.40% against the JPY and closed at 107.51. In the Asian session, at GMT0300, the pair is trading at 107.50, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s CBI distributive trade survey’s retail sales balance rose in May

Posted on May 27, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.32% against the USD and closed at 1.2335. On the data front, UK’s CBI distributive trades survey’s retail sales balance rose to -50.0% in May, in line with … Continue reading →

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EUR/USD: Euro reverses its gains in the morning session

Posted on May 27, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.79% against the USD and closed at 1.0982. On the macro front, Germany’s GfK consumer confidence survey climbed to -18.9 in June, in line with market expectations and … Continue reading →

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

Posted on May 26, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.21% against the USD and closed at 0.6544. LME Copper prices declined 2.7% or $144.5/MT to $5,242.5/MT. Aluminium prices fell 0.9% or $14.0/MT to $1,473.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s retail sales dropped in March

Posted on May 26, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.18% against the CAD and closed at 1.3978. On the data front, Canada’s retail sales dropped 10.0% on a monthly basis in March, in line with market expectations … Continue reading →

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USD/CHF: Switzerland’s industrial production rose in 1Q20

Posted on May 26, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9716. On the data front, Switzerland’s industrial production rose 0.8% on a yearly basis in the first quarter of 2020, compared … Continue reading →

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USD/JPY: Japan’s leading index dropped in March

Posted on May 26, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.19% against the JPY and closed at 107.74. The Bank of Japan (BoJ), in its monetary policy statement, pledged to utilise all necessary fiscal and monetary policy tools … Continue reading →

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GBP/USD: UK’s public sector net borrowing posted a deficit in April

Posted on May 26, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 6.43% against the USD and closed at 1.2190. On the data front, UK’s public sector net borrowing posted a more-than-expected deficit of £61.4 billion in April, following a … Continue reading →

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

Posted on May 26, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0896. The European Central Bank (ECB), in its latest monetary policy meeting accounts, indicated that it is “fully prepared” to provide … Continue reading →

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

Posted on May 22, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.94% against the USD and closed at 0.6563. LME Copper prices rose 1.0% or $54.0/MT to $5,387.0/MT. Aluminium prices climbed 2.3% or $33.0/MT to $1,487.0/MT. In the Asian … Continue reading →

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