EUR/USD: German business confidence improves in February

Posted on February 25, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.0853. On the data front, Germany’s Ifo business expectations index unexpectedly rose to a level of 93.4 in February, compared to … Continue reading →

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

Posted on February 24, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.49% against the USD and closed at 0.6631 on Friday. LME Copper prices declined 0.5% or $28.0/MT to $5,702.0/MT. Aluminium prices fell 0.6% or $10.0/MT to $1,677.0/MT. In … Continue reading →

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USD/CAD: Canada retail sales remained flat in December

Posted on February 24, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.69% against the CAD and closed at 1.3209 on Friday. On the macro front, Canada’s retail sales remained flat on a monthly basis in December, compared to a … Continue reading →

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

Posted on February 24, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CHF and closed at 0.9779 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9808, with the USD trading 0.30% higher … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the morning session

Posted on February 24, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 3.44% against the JPY and closed at 111.61 on Friday, as risk appetite was dampened due to increased number of coronavirus cases in South Korea. In the Asian … Continue reading →

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GBP/USD: UK’s manufacturing activity grows at its fastest pace in 10 months in February

Posted on February 24, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.87% against the USD and closed at 1.2973 on Friday. Data showed that UK’s Markit manufacturing PMI unexpectedly advanced to a level of 51.9 in February, defying market … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI rose to a 12-month high in February

Posted on February 24, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.0856 on Friday. On the macro front, the Euro-zone’s Markit manufacturing PMI unexpectedly climbed to 49.1 in January, notching its highest … Continue reading →

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

Posted on February 21, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 4.72% against the USD and closed at 0.6615. LME Copper prices declined 0.3% or $15.5/MT to $5,730.0/MT. Aluminium prices rose 0.1% or $1.0/MT to $1687.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher in the Asian session

Posted on February 21, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.08% against the CAD and closed at 1.3259. On the macro front, Canada’s new housing price index remained flat on a monthly basis in January, compared to a … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened in January

Posted on February 21, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.35% against the CHF and closed at 0.9841. On macro front, Switzerland’s trade surplus widened to CHF4.8 billion in January, compared to a surplus of CHF2.0 billion in … Continue reading →

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USD/JPY: Japanese Yen trading higher in the morning session

Posted on February 21, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 3.87% against the JPY and closed at 112.08. In the Asian session, at GMT0400, the pair is trading at 112.04, with the USD trading marginally lower against the … Continue reading →

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