EUR/USD: Germany’s trade surplus widened in December

Posted on February 10, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.0945 on Friday. Data showed that Germany’s trade surplus widened to €19.2 billion in December, driven by a rise in exports … Continue reading →

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AUD/USD: RBA trims 2020 GDP forecast

Posted on February 7, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 3.04% against the USD and closed at 0.6732, following disappointing trade and retail sales data from Australia. LME Copper prices rose 0.2% or $12.0/MT to $5,726.0/MT. Aluminium prices … Continue reading →

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

Posted on February 7, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.29% against the CAD and closed at 1.3287, amid better than expected initial jobless claims data from the US. In the Asian session, at GMT0400, the pair is … Continue reading →

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

Posted on February 7, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9748. In the Asian session, at GMT0400, the pair is trading at 0.9744, with the USD trading slightly lower against the … Continue reading →

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

Posted on February 7, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.96% against the JPY and closed at 110.01. In the Asian session, at GMT0400, the pair is trading at 109.90, with the USD trading 0.10% lower against the … Continue reading →

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

Posted on February 7, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.21% against the USD and closed at 1.2928, amid reports that the European Union might revoke concessions made to the UK related to MiFID II, potentially weakening the … Continue reading →

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EUR/USD: Germany’s factory orders fell at its fastest pace in more than a decade

Posted on February 7, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.0980, following disappointing German factory orders data. Data showed that Germany’s factory orders unexpectedly dropped by 2.1% on a monthly basis … Continue reading →

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

Posted on February 6, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 2.82% against the USD and closed at 0.6747. LME Copper prices rose 1.1% or $62.0/MT to $5,714.0/MT. Aluminium prices climbed 0.1% or $1.0/MT to $1,688.0/MT. In the Asian … Continue reading →

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

Posted on February 6, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.26% against the CAD and closed at 1.3283. In economic news, Canada’s international merchandise trade deficit narrowed to C$0.4 billion in December, compared to a deficit of C$1.2 … Continue reading →

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

Posted on February 6, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9736. In the Asian session, at GMT0400, the pair is trading at 0.9740, with the USD trading slightly higher against the … Continue reading →

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USD/JPY: Japanese Yen trading slightly weaker in the morning session

Posted on February 6, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.78% against the JPY and closed at 109.82. In the Asian session, at GMT0400, the pair is trading at 109.89, with the USD trading 0.06% higher against the … Continue reading →

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