USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on September 5, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 0.9741. Data showed that Switzerland’s consumer price index (CPI) rose 1.2% on a yearly basis in August, at par with market … Continue reading →

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USD/JPY: Japan’s services PMI notches a 4-month high in August

Posted on September 5, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the JPY and closed at 111.48. In the Asian session, at GMT0300, the pair is trading at 111.50, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: UK construction sector growth declined to a 3-month low in August

Posted on September 5, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2857, after Britain’s construction PMI fell more than expected in August. Data revealed that UK’s construction PMI declined to 52.9 in … Continue reading →

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EUR/USD: Euro-zone’s producer price inflation accelerated in July

Posted on September 5, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.1583. On the macro front, the Euro-zone’s producer price index (PPI) advanced to 4.0% on an annual basis in July, boosted … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on September 4, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7211. LME Copper prices declined 1.1% or $68.0/MT to $5951.0/MT. Aluminium prices fell 1.4% or $28.5/MT to $2083.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a negative footing this morning

Posted on September 4, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3093. In the Asian session, at GMT0300, the pair is trading at 1.3114, with the USD trading 0.16% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on September 4, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9691. In economic news, Switzerland’s retail sales fell 0.3% on an annual basis in July, for the first time in four … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

Posted on September 4, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the JPY and closed at 111.1. Data showed that Japan’s vehicle sales dropped 0.2% on an annual basis in August. Vehicle sales had advanced 1.2% in … Continue reading →

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GBP/USD: Britain’s manufacturing growth hits a 25-month low in August

Posted on September 4, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.39% against the USD and closed at 1.2872, after UK’s manufacturing PMI fell to a 2-year low in August. Data showed that UK’s manufacturing PMI dropped to 52.8 … Continue reading →

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EUR/USD: Euro-zone’s manufacturing activity slowed in August, marking its weakest growth since November 2016

Posted on September 4, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1617. On the macro front, Euro-zone’s final manufacturing PMI fell to 54.6 in August, in line with market expectations and confirming … Continue reading →

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AUD/USD: Aussie trading lower, ahead of RBA’s rate decision

Posted on September 3, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.01% against the USD and closed at 0.7190 on Friday. LME Copper prices declined 0.8% or $47.5/MT to $6019.0/MT. Aluminium prices fell 0.7% or $15.0/MT to $2112.0/MT. In … Continue reading →

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