GBP/USD: Britain’s average weekly earnings advanced to a 10-year high level in August-October 2018

Posted on December 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2490, amid ongoing Brexit uncertainty. On the data front, UK’s ILO unemployment rate remained steady at a rate of 4.1% in … Continue reading →

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EUR/USD: Euro-zone’s ZEW economic sentiment index surprisingly rose in December

Posted on December 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1321. Data indicated that the Euro-zone’s ZEW economic sentiment index advanced to a level of -21.0 in December, compared to a … Continue reading →

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AUD/USD Australia’s house price index fell less-than-estimated on a quarterly basis in 3Q 2018

Posted on December 11, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.32% against the USD and closed at 0.7193. LME Copper prices declined 1.0% or $61.0/MT to $6112.0/MT. Aluminium prices declined 0.6% or $11.0/MT to $1951.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts surprisingly rose in November

Posted on December 11, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD and closed at 1.3395. Data revealed that Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 215.9K in November, defying market expectations … Continue reading →

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USD/CHF: Switzerland’s unemployment rate eased to its lowest level since May 2002 in November

Posted on December 11, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9901. In economic news, Switzerland’s seasonally adjusted unemployment rate unexpectedly slid to a rate of 2.4% in November, marking its lowest … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on December 11, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the JPY and closed at 113.21. In the Asian session, at GMT0400, the pair is trading at 113.07, with the USD trading 0.12% lower against the … Continue reading →

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GBP/USD: Britain’s economic growth slowed in the three months to October, amid growing Brexit uncertainty

Posted on December 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.47% against the USD and closed at 1.2563, after UK’s Prime Minister, Theresa May, decided to indefinitely postpone a critical vote on Brexit agreement. Data indicated that UK’s … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence index sharply declined in December, marking its lowest reading since December 2014.

Posted on December 11, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.70% against the USD and closed at 1.1355. On macro front, the Euro-zone’s Sentix investor confidence index sharply fell to a level of -0.3 in December, hitting its … Continue reading →

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

Posted on December 10, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.36% against the USD and closed at 0.7207 on Friday. LME Copper prices rose 1.0% or $61.0/MT to $6173.0/MT. Aluminium prices rose/declined 0.9% or $17.0/MT to $1962.0/MT. In … Continue reading →

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USD/CAD: Canada unemployment rate slid to its lowest level since 1976 in November

Posted on December 10, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the CAD and closed at 1.3293 on Friday. In economic news, Canada’ unemployment rate unexpectedly declined to a 42-year low level of 5.6% in November, defying … Continue reading →

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

Posted on December 10, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9896 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9877, with the USD trading 0.19% lower … Continue reading →

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