USD/CAD: Canada’s current account deficit narrowed more-than-expected in 4Q19

Posted on February 28, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.63% against the CAD and closed at 1.3385. Data showed that Canada’s current account deficit narrowed to C$8.76 billion in the fourth quarter of 2019, compared to a … Continue reading →

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USD/CHF: Swiss Franc extends losses in the Asian session

Posted on February 28, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9682. In the Asian session, at GMT0400, the pair is trading at 0.9693, with the USD trading 0.11% higher against the … Continue reading →

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

Posted on February 28, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the JPY and closed at 109.55. In the Asian session, at GMT0400, the pair is trading at 109.11, with the USD trading 0.40% lower against the … Continue reading →

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GBP/USD: UK threatens to walk away from Brexit trade talks

Posted on February 28, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.03% against the USD and closed at 1.2894, after the UK threatened to walk away from the trade negotiations with the EU, if there is no progress by … Continue reading →

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EUR/USD: Euro-zone’s economic confidence rose to a nine-month high in February

Posted on February 28, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.10% against the USD and closed at 1.1002. On the data front, Euro-zone’s consumer confidence rose to -6.6 in February, in line with market expectations and compared to … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on February 27, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.19% against the USD and closed at 0.6546. LME Copper prices declined 0.9% or $49.5/MT to $5,614.0/MT. Aluminium prices fell 0.5% or $8.5/MT to $1,676.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat in the Asian session

Posted on February 27, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.28% against the CAD and closed at 1.3340. In the Asian session, at GMT0400, the pair is trading at 1.3340, with the USD trading flat against the CAD … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on February 27, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.33% against the CHF and closed at 0.9766. On the data front, Switzerland’s ZEW survey expectations unexpectedly dropped to 7.7 in February, defying market expectations for a rise … Continue reading →

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USD/JPY: Japanese Yen trading higher ahead of series of Japan’s key economic data

Posted on February 27, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 110.39. In the Asian session, at GMT0400, the pair is trading at 110.24, with the USD trading 0.14% lower against the … Continue reading →

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

Posted on February 27, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.97% against the USD and closed at 1.2901. In the Asian session, at GMT0400, the pair is trading at 1.2921, with the GBP trading 0.16% higher against the … Continue reading →

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

Posted on February 27, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0882. In the US, In January, new home sales climbed 7.9% to a level of 764.00K on a monthly basis in … Continue reading →

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