USD/JPY: Japan’s leading index fell to its lowest level in more than ten-and-a-half years in March

Posted on May 13, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.66% against the JPY and closed at 107.22. On the data front, Japan’s coincident index unexpectedly dropped to 90.5 in March, confounding market forecast for a rise to … Continue reading →

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GBP/USD: UK’s BRC like-for-like retail sales unexpectedly rose in April

Posted on May 13, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.86% against the USD and closed at 1.2264. On the data front, UK’s BRC like-for-like retail sales unexpectedly rose 5.7% on a yearly basis in April, defying market … Continue reading →

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

Posted on May 13, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.0850. In the US, the NFIB business optimism index unexpectedly dropped to 90.9 in April, defying market forecast for a rise … Continue reading →

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AUD/USD: Australia’s NAB’s business confidence weakened in April

Posted on May 12, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.07% against the USD and closed at 0.6485. LME Copper prices rose 0.1% or $3.5/MT to $5,231.0/MT. Aluminium prices climbed 0.3% or $4.5/MT to $1,454.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on May 12, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.48% against the CAD and closed at 1.4018. In the Asian session, at GMT0300, the pair is trading at 1.4051, with the USD trading 0.24% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on May 12, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.95% against the CHF and closed at 0.9730. In the Asian session, at GMT0300, the pair is trading at 0.9738, with the USD trading 0.08% higher against the … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the morning session

Posted on May 12, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.28% against the JPY and closed at 107.64. In the Asian session, at GMT0300, the pair is trading at 107.42, with the USD trading 0.20% lower against the … Continue reading →

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GBP/USD: British Pound trading lower in the morning session

Posted on May 12, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 5.31% against the USD and closed at 1.2336, amid lack of clarity over British Prime Minister, Boris Johnson’s plan to ease the nationwide lockdown. In the Asian session, … Continue reading →

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

Posted on May 12, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.0809. The US dollar strengthened against its major peers, as fears of a potential resurgence in global coronavirus cases increased demand … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on May 11, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.40% against the USD and closed at 0.6531 on Friday. The Reserve Bank of Australia (RBA), in its monetary policy statement, The Reserve Bank of Australia (RBA), in … Continue reading →

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USD/CAD: Canada’s unemployment rate rose less-than-expected in April

Posted on May 11, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.79% against the CAD and closed at 1.3928 on Friday. On the data front, Canada’s seasonally adjusted Ivey Purchasing Managers’ Index dropped to 22.8 in April, more than … Continue reading →

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