Monthly Archives: October 2016

USD/CAD: Canada’s unemployment remained steady at 7.0% in September

Posted on October 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD and closed at 1.3280 on Friday. In economic news, Canada’s unemployment rate remained steady at 7.0% in September, in line with market expectations. Also, … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on October 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CHF and closed at 0.9773 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9779, with the USD trading 0.06% higher … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on October 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.94% against the JPY and closed at 102.95 on Friday. In the Asian session, at GMT0300, the pair is trading at 102.95, with the USD trading flat against … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s industrial production surprisingly declined in August

Posted on October 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.39% against the USD and closed at 1.2438 on Friday, after UK’s industrial production unexpectedly fell by 0.4% MoM in August, defying market expectations for a rise of … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: German industrial output rebounded strongly in August

Posted on October 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1196 on Friday, after Germany’s seasonally adjusted industrial production rebounded more-than-expected by 2.5% MoM in August, posting its biggest increase since … Continue reading →

Posted in EUR/USD | Comments Off

Crude Oil: Oil reverses its gains in the morning session

Posted on October 7, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.71% against the USD and closed at USD50.53 per barrel, underpinned by news of another informal Organization of the Petroleum Exporting Countries (OPEC) meeting on output cuts. … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on October 7, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.86% against the USD and closed at USD17.31, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.38, with the silver trading … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on October 7, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.05% against the USD and closed at USD1256.90 per ounce, amid strength in the greenback following robust US weekly initial jobless claims data. In the Asian session, at GMT0300, … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia construction sector expanded in September

Posted on October 7, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.758. LME Copper prices declined 0.74% or $35.5/MT to $4742.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1667.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada building permits surged in August

Posted on October 7, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3219. On the data front, Canada’s building permits jumped by 10.4% on a monthly basis in August, rising at the fastest … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss annual CPI surprisingly dropped in September

Posted on October 7, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CHF and closed at 0.9807. The Swiss Franc lost ground, after Switzerland’s consumer price index (CPI) unexpectedly fell by 0.2% on an annual basis in … Continue reading →

Posted in USD/CHF | Comments Off