EUR/USD: Euro-zone’s economic growth slowed as initially estimated in 4Q 2019

Posted on March 11, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.04% against the USD and closed at 1.1308. On the macro front, Euro-zone’s gross domestic product (GDP) rose 0.1% on a quarterly basis in the fourth quarter of … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on March 10, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.39% against the USD and closed at 0.6601. LME Copper prices declined 2.5% or $141.0/MT to $5,483.0/MT. Aluminium prices fell 2.6% or $43.5/MT to $1,643.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian housing starts declined less-than-expected in February

Posted on March 10, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.70% against the CAD and closed at 1.3655. On the macro front, Canada’s housing starts dropped to a level of 210.1K in February, less than market expectation for … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remains steady in February

Posted on March 10, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 3.87% against the CHF and closed at 0.9265. On the data front, seasonally adjusted unemployment rate remained unchanged at 2.3% in February, in line with market forecast. In … Continue reading →

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

Posted on March 10, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 6.97% against the JPY and closed at 102.47. In the Asian session, at GMT0400, the pair is trading at 103.67, with the USD trading 1.17% higher against the … Continue reading →

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GBP/USD: British Pound reverses its gains in the morning session

Posted on March 10, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.3091. In the Asian session, at GMT0400, the pair is trading at 1.3064, with the GBP trading 0.21% lower against the … Continue reading →

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EUR/USD: Euro-zone’s investor confidence index drops on fears of recession

Posted on March 10, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1427. On the data front, Euro-zone’s Sentix investor confidence index fell to -17.1 in March, marking its lowest level since April … Continue reading →

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

Posted on March 9, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.85% against the USD and closed at 0.6638 on Friday. LME Copper prices declined 0.8% or $43.5/MT to $5,624.0/MT. Aluminium prices fell 1.6% or $28.0/MT to $1,687.0/MT. In … Continue reading →

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USD/CAD: Canada’s Ivey PMI dropped less than expected in February

Posted on March 9, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.91% against the CAD and closed at 1.3422 on Friday. On the data front, Canada’s unemployment rate increased to 5.6% in February, in line with market expectations and … Continue reading →

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

Posted on March 9, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.81% against the CHF and closed at 0.9367 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9257, with the USD trading 1.17% lower … Continue reading →

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USD/JPY: Japan’s 4Q GDP falls more than initially estimated

Posted on March 9, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 4.48% against the JPY and closed at 105.21 on Friday. In the Asian session, at GMT0400, the pair is trading at 102.45, with the USD trading 2.62% lower … Continue reading →

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