USD/JPY: Japan’s machine tool orders declined in January

Posted on February 13, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 110.45. On the macro front, Japan’s flash machine tool orders declined 18.8% on an annual basis in January, following a fall … Continue reading →

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GBP/USD: British Pound trading higher in the morning session

Posted on February 13, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.2894. The Bank of England Governor, Mark Carney warned that a no-deal Brexit would create an “economic shock”. Hence, he urged … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on February 13, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.1333. In the US data indicated that the US NFIB small business optimism index dropped to a two-year low level of … Continue reading →

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AUD/USD: Australia’s NAB business confidence index advanced in January

Posted on February 12, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.55% against the USD and closed at 0.7060. LME Copper prices declined 1.0% or $59.0/MT to $6148.0/MT. Aluminium prices declined 0.9% or $17.0/MT to $1848.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its losses in the Asian session

Posted on February 12, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3304. In the Asian session, at GMT0400, the pair is trading at 1.3289, with the USD trading 0.11% lower against the … Continue reading →

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USD/CHF: Switzerland’s consumer price inflation slowed in January

Posted on February 12, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 1.0041. In economic news, Switzerland’s consumer price inflation (CPI) slowed for a third consecutive month to 0.6% on an annual basis … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on February 12, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the JPY and closed at 110.47. In the Asian session, at GMT0400, the pair is trading at 110.63, with the USD trading 0.14% higher against the … Continue reading →

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GBP/USD: UK’s economic growth slowed to a six-year low level in 4Q 2018

Posted on February 12, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.57% against the USD and closed at 1.2858 amid a slew of disappointing economic data. On the macro front, UK’s preliminary gross domestic product (GDP) growth slowed to … Continue reading →

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EUR/USD: Euro trading a tad higher in the Asian session

Posted on February 12, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.1279. In the Asian session, at GMT0400, the pair is trading at 1.1279, with the EUR trading slightly higher against the … Continue reading →

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

Posted on February 11, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.10% against the USD and closed at 0.7088 on Friday. LME Copper prices declined 0.3% or $20.0/MT to $6207.0/MT. Aluminium prices rose 0.1% or $2.5/MT to $1865.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate advanced more-than-estimated in January

Posted on February 11, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3271 on Friday. In economic news, Canada’s unemployment rate advanced to 5.8% in January, compared to a rate of 5.6% in … Continue reading →

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