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

Posted on March 24, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 11.34% against the USD and closed at 1.1550. In the Asian session, at GMT0400, the pair is trading at 1.1629, with the GBP trading 0.68% higher against the … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index falls to a 5-year low

Posted on March 24, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.0747. On the macro front, Euro-zone’s consumer confidence dropped to a level of -11.6 in March, hitting its lowest level in … Continue reading →

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

Posted on March 23, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 16.08% against the USD and closed at 0.5794 on Friday, after Australia’s Prime Minister, Scott Morrison, announced the closure of non-essential services amid increasing coronavirus cases in the … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on March 23, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 10.40% against the CAD and closed at 1.4398 on Friday. On the data front, Canada’s retail sales rose 0.4% on a monthly basis in January, surpassing market expectations … Continue reading →

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

Posted on March 23, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 2.50% against the CHF and closed at 0.9879 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9828, with the USD trading 0.52% lower … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the morning session

Posted on March 23, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.93% against the JPY and closed at 111.17 on Friday. In the Asian session, at GMT0400, the pair is trading at 110.21, with the USD trading 0.86% lower … Continue reading →

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GBP/USD: UK’s public sector net borrowing recorded a surplus in February

Posted on March 23, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 11.09% against the USD and closed at 1.1583 on Friday. On the data front, UK’s public sector net borrowing posted a surplus of £0.39 billion in February, confounding … Continue reading →

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EUR/USD: Euro-zone’s current account surplus widened less-than-expected in January

Posted on March 23, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0664 on Friday. On the macro front, Euro-zone’s seasonally adjusted current account surplus widened to €34.7 billion in January, less than … Continue reading →

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AUD/USD: Aussie reverses its losses in morning session

Posted on March 20, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 17.74% against the USD and closed at 0.5679, after Australia’s central bank eased its monetary policy. LME Copper prices declined 3.6% or $175.5/MT to $4,685.0/MT. Aluminium prices fell … Continue reading →

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USD/CAD: Canada’s new housing price index rose in February

Posted on March 20, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 11.41% against the CAD and closed at 1.4530. On the data front, Canada’s ADP employment rose less than expected by 7.2K in February, compared to an advance of … Continue reading →

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USD/CHF: Swiss National Bank holds interest rate

Posted on March 20, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 2.52% against the CHF and closed at 0.9881. On the data front, Switzerland’s trade surplus narrowed less-than-expected to CHF3.6 billion in February, compared to a revised trade surplus … Continue reading →

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