GBP/USD: Britain’s economy expanded at a faster than expected pace in July

Posted on September 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.80% against the USD and closed at 1.3028, after the European Union’s Chief Brexit Negotiator, Michel Barnier raised hopes for a smooth Brexit with an ‘realistic’ departure agreement … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence weakened in September

Posted on September 11, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1595. In the economic news, the Euro-zone’s Sentix investor confidence index slid to a level of 12.0 in September, compared to … Continue reading →

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AUD/USD: Aussie trading a tad lower in the Asian session

Posted on September 10, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.31% against the USD and closed at 0.7106 on Friday. LME Copper prices declined 0.96% or $57.0/MT to $5883.0/MT. Aluminium prices declined 0.02% or $0.5/MT to $2030.0/MT. In … Continue reading →

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USD/CAD: Canada’s jobless rate advanced more-than-estimated in August

Posted on September 10, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3180 on Friday. The Canadian dollar weakened against the US dollar, following disappointing Canada’s jobs data. Macroeconomic data revealed that, Canada’s … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained steady in August

Posted on September 10, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9687 on Friday. In the economic news, Switzerland’s seasonally adjusted unemployment rate remained unchanged at a rate of 2.6% in August, … Continue reading →

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USD/JPY: Japan’s economy advanced at its strongest pace since 2016 in 2Q 2018

Posted on September 10, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the JPY and closed at 110.97 on Friday. On the data front, Japan’s preliminary leading economic index eased to a level of 103.5 in July, meeting … Continue reading →

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

Posted on September 10, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.05% against the USD and closed at 1.2923 on Friday. On the macro front, Halifax house price index advanced 3.7% in the three months to June-August 2018, at … Continue reading →

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EUR/USD: Euro-zone’s economy expanded as anticipated in 2Q 2018

Posted on September 10, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1560 on Friday. Data showed that, Euro-zone’s seasonally adjusted final gross domestic product (GDP) jumped 0.4% on a quarterly basis in … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session.

Posted on September 7, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.10% against the USD and closed at 0.7200. LME Copper prices rose 1.5% or $90.0/MT to $5940.0/MT. Aluminium prices declined 0.8% or $15.5/MT to $2030.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits unexpectedly dropped in July

Posted on September 7, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3152. On the data front, Canada’s building permits unexpectedly eased 0.1% on a monthly basis in July, defying market expectations for … Continue reading →

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USD/CHF: Switzerland’s economy expanded more-than-estimated in 2Q 2018

Posted on September 7, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9651. Data showed that Switzerland’s gross domestic product (GDP) advanced 3.4% on a yearly basis in 2Q 2018, boosting expectations for … Continue reading →

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