GBP/USD: UK’s Nationwide house prices unexpectedly rebounded in July

Posted on August 3, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3089 on Friday. On the data front, UK’s Nationwide housing prices unexpectedly rose 1.7% on a monthly basis in July, marking … Continue reading →

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EUR/USD: Euro-zone’s economy contracted on a quarterly basis in the second quarter

Posted on August 3, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.1782 on Friday, after the Euro-zone’s economy contracted at its fastest pace on record in the second quarter. On the macro … Continue reading →

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AUD/USD: Australia’s producer price index unexpectedly fell in 2Q 2020

Posted on July 31, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.7196. LME Copper prices declined 0.6% or $41.5/MT to $6,433.5/MT. Aluminium prices fell 0.3% or $5.5/MT to $1,681.5/MT. In the Asian … Continue reading →

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

Posted on July 31, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CAD and closed at 1.3421. In the Asian session, at GMT0300, the pair is trading at 1.3422, with the USD trading marginally higher against the … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on July 31, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9092. On the data front, Switzerland’s KOF leading indicator climbed to 85.7 in July, surpassing market forecast for a rise to … Continue reading →

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USD/JPY: Japan’s unemployment rate dropped in June

Posted on July 31, 2020 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 104.72. In the Asian session, at GMT0300, the pair is trading at 104.29, with the USD trading 0.41% lower against the … Continue reading →

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

Posted on July 31, 2020 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.84% against the USD and closed at 1.3099. In the Asian session, at GMT0300, the pair is trading at 1.3130, with the GBP trading 0.24% higher against the … Continue reading →

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EUR/USD: Euro-zone’s economic confidence improved to a four-month high in July

Posted on July 31, 2020 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.50% against the USD and closed at 1.1846. On the macro front, Euro-zone’s consumer confidence index declined to -15.0 in July, in line with market expectations and compared … Continue reading →

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AUD/USD: Australia’s building permits unexpectedly fell in June

Posted on July 30, 2020 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.41% against the USD and closed at 0.7186. LME Copper prices rose 1.2% or $75.5/MT to $6,475.0/MT. Aluminium prices climbed 1.0% or $16.0/MT to $1,687.0/MT. In the Asian … Continue reading →

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

Posted on July 30, 2020 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3338. In the Asian session, at GMT0300, the pair is trading at 1.3337, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Switzerland’s ZEW survey expectations fell in July

Posted on July 30, 2020 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CHF and closed at 0.9122. On the data front, Switzerland’s ZEW survey expectations dropped to 42.4 in July, less than market expectations for a drop … Continue reading →

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