GBP/USD: Britain’s retail sales rose at a faster than expected pace in January

Posted on February 21, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.57% against the USD and closed at 1.2881. Data indicated that UK’s retail sales rose 0.9% on a monthly basis in January, amid robust demand for clothing, footwear … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence improved in February

Posted on February 21, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.0786. Data showed that Euro-zone’s flash consumer confidence index unexpectedly rose to a level of -6.6 in February, compared to a … Continue reading →

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

Posted on February 20, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.83% against the USD and closed at 0.6677. LME Copper prices rose 0.3% or $17.5/MT to $5,745.5/MT. Aluminium prices rose 0.3% or $5.0/MT to $1,686.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s inflation rises in January

Posted on February 20, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.79% against the CAD and closed at 1.3222. On the macro front, Canada’s consumer price index rose 2.4% on an annual basis in January, driven by a rise … Continue reading →

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

Posted on February 20, 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 0.9839. In the Asian session, at GMT0400, the pair is trading at 0.9837, with the USD trading marginally lower against the … Continue reading →

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

Posted on February 20, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 3.11% against the JPY and closed at 111.26. In the Asian session, at GMT0400, the pair is trading at 111.36, with the USD trading 0.09% higher against the … Continue reading →

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GBP/USD: UK’s inflation accelerated to a six-month high level in January

Posted on February 20, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.27% against the USD and closed at 1.2921, amid uncertainty surrounding Britain’s trade talks with the European Union and government plans to boost spending. On the macro front, … Continue reading →

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EUR/USD: Eurozone construction output declined in December

Posted on February 20, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.0808. Data showed that Euro-zone’s seasonally adjusted current account surplus widened to €32.6 billion in December, undershooting market expectations for a … Continue reading →

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

Posted on February 19, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.67% against the USD and closed at 0.6688. LME Copper prices declined 1.3% or $74.0/MT to $5,728.0/MT. Aluminium prices rose 0.2% or $2.5/MT to $1,681.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing sales dropped for the fourth straight month in December

Posted on February 19, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.06% against the CAD and closed at 1.3256. Data showed that Canada’s manufacturing sales unexpectedly fell by 0.7% on a monthly basis in December, driven by a decline … Continue reading →

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

Posted on February 19, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.25% against the CHF and closed at 0.9831. In the Asian session, at GMT0400, the pair is trading at 0.9834, with the USD trading slightly higher against the … Continue reading →

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