GBP/USD: UK first quarter GDP growth revised up

Posted on July 2, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.96% against the USD and closed at 1.3202 on Friday, after UK’s economic growth was revised higher in the first quarter of 2018. Data showed that the nation’s … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading lower in the Asian session

Posted on July 2, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.00% against the USD and closed at 1.1680 on Friday. In the economic news, the Euro-zone’s preliminary consumer price index climbed 2.0% on an annual basis in June, … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading on a stronger footing this morning

Posted on June 29, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7349. LME Copper prices declined 0.6% or $38.0/MT to $6650.0/MT. Aluminium prices fell 1.4% or $31.5/MT to $2173.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher, ahead of GDP data

Posted on June 29, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD and closed at 1.3257. In the Asian session, at GMT0300, the pair is trading at 1.3235, with the USD trading 0.17% lower against the … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on June 29, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9975. In the Asian session, at GMT0300, the pair is trading at 0.9946, with the USD trading 0.29% lower against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s jobless rate hits a 26 year low level in May

Posted on June 29, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the JPY and closed at 110.51. In the Asian session, at GMT0300, the pair is trading at 110.75, with the USD trading 0.22% higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Sterling trading higher, ahead of final GDP data

Posted on June 29, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3077. In the Asian session, at GMT0300, the pair is trading at 1.3107, with the GBP trading 0.23% higher against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading on a stronger footing, after EU leaders reach a deal on migration

Posted on June 29, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.03% against the USD and closed at 1.1564. The ECB, in its economic bulletin, signalled downside risks to the global growth and confirmed the end of asset purchases. … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading on a stronger footing this morning

Posted on June 28, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.66% against the USD and closed at 0.7343. LME Copper prices declined 0.4% or $24.0/MT to $6688.0/MT. Aluminium prices rose 2.4% or $52.5/MT to $2204.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: BoC Governor, Stephen Poloz, keeps markets guessing on July rate move

Posted on June 28, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3331. Yesterday, the Bank of Canada Governor, Stephen Poloz, stated that the impact of US trade fight and tighter mortgage rules … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: SNB maintains expansionary policy: Quarterly Bulletin

Posted on June 28, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CHF and closed at 0.9969. The Swiss National Bank (SNB), in its quarterly bulletin, signalled that the bank would remain active in the foreign exchange … Continue reading →

Posted in USD/CHF | Comments Off