GBP/USD: Bank of England slashed key interest rate to record low of 0.25%

Posted on August 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.63% against the USD and closed at 1.3111, after the Bank of England (BoE) cut its benchmark interest rate for the first time since 2009 to a record … Continue reading →

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AUD/USD: Inflation to remain weak until the end of 2018: RBA minutes

Posted on August 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.53% against the USD and closed at 0.7626. LME Copper prices declined 1.19% or $57.5/MT to $4787.0/MT. Aluminium prices declined 0.25% or $4.0/MT to $1616.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat, ahead of Canada’s unemployment rate data

Posted on August 5, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3024. In the Asian session, at GMT0300, the pair is trading at 1.3024, with the USD trading flat against the CAD … Continue reading →

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

Posted on August 5, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9735. On the data front, Switzerland’s SECO consumer confidence index remained steady at -15.0 in 3Q 2016, compared to market expectations … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on August 5, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the JPY and closed at 101.19. In the Asian session, at GMT0300, the pair is trading at 101.11, with the USD trading 0.08% lower against the … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on August 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1126. Yesterday, the European Central Bank, in its latest monthly economic bulletin report, warned that Britain’s decision to leave the European … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on August 4, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the JPY and closed at 101.29. In the Asian session, at GMT0300, the pair is trading at 101.04, with the USD trading 0.25% lower against the … Continue reading →

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EUR/USD: Eurozone’s services PMI surprisingly edged up in July

Posted on August 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1146. Markit services PMI data indicated that activity in Euro-zone’s service sector unexpectedly expanded to a level of 52.9 in July, … Continue reading →

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EUR/USD: Eurozone’s services PMI surprisingly edged up in July

Posted on August 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1146. Markit services PMI data indicated that activity in Euro-zone’s service sector unexpectedly expanded to a level of 52.9 in July, … Continue reading →

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AUD/USD: Aussie trading higher, ahead of the RBA’s monetary policy statement

Posted on August 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7586. LME Copper prices declined 0.84% or $41.0/MT to $4844.5/MT. Aluminium prices declined 0.95% or $15.5/MT to $1620.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on August 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD and closed at 1.3067. In the Asian session, at GMT0300, the pair is trading at 1.3065, with the USD trading marginally lower against the … Continue reading →

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