GBP/USD: Britain’s GDP growth flattens in August

Posted on October 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.3154, amid renewed hopes for a Brexit deal. On the macro front, UK’s gross domestic product (GDP) remained flat on a … Continue reading →

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

Posted on October 11, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.34% against the USD and closed at 1.1535. In the US, data showed that the US producer price index climbed 2.6% on a yearly basis in September, rising … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence index advanced in October

Posted on October 10, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.45% against the USD and closed at 0.7106. LME Copper prices declined 2.0% or $42.0/MT to $6219.0/MT. Aluminium prices rose 0.8% or $50.0/MT to $2031.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts declined to its lowest level in two-years in September

Posted on October 10, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.2943. On the data front, Canada’s seasonally adjusted housing starts unexpectedly fell to a two-year low level of 188.7K in September, … Continue reading →

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

Posted on October 10, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9921. In the Asian session, at GMT0300, the pair is trading at 0.9908, with the USD trading 0.13% lower against the … Continue reading →

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USD/JPY: Japanese machinery orders unexpectedly rose in August

Posted on October 10, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the JPY and closed at 113.02. In the Asian session, at GMT0300, the pair is trading at 113.02, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: Sterling trading higher, ahead of crucial economic data

Posted on October 10, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.3143. In the Asian session, at GMT0300, the pair is trading at 1.3158, with the GBP trading 0.11% higher against the … Continue reading →

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EUR/USD: Germany’s trade surplus widened more-than-estimated in August

Posted on October 10, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1496. Macroeconomic data showed that Germany’s seasonally adjusted trade surplus widened to €17.2 billion in August, compared to a surplus of … Continue reading →

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AUD/USD: Australia’s NAB business confidence index rose in September while the business conditions index remained steady in the same month

Posted on October 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.28% against the USD and closed at 0.7074. LME Copper prices declined 0.2% or $13.5/MT to $6169.0/MT. Aluminium prices declined 3.1% or $66.5/MT to $2073.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing in the Asian session

Posted on October 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2955. In the Asian session, at GMT0300, the pair is trading at 1.2961, with the USD trading 0.05% higher against the … Continue reading →

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USD/CHF: Switzerland’s jobless rate dropped in September

Posted on October 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 0.9925. In the economic news, Switzerland’s seasonally adjusted unemployment rate slid to 2.5% in September, in line with market expectations and … Continue reading →

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