EUR/USD: Euro-zone’s manufacturing sector activity posted a 15-month low in May

Posted on June 4, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1658 on Friday, following downbeat economic data. Data showed that Euro-zone’s t final manufacturing PMI fell to a level of 55.5 … Continue reading →

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AUD/USD: Australia’s manufacturing sector growth slowed in May

Posted on June 1, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined slightly against the USD and closed at 0.7570. LME Copper prices rose 0.22% or $15.0/MT to $6825.0/MT. Aluminium prices rose 0.88% or $20.0/MT to $2285.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economic growth slowest in 2 years in the first three months of 2018

Posted on June 1, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.2945. The Canadian Dollar declined against the US Dollar, following news that US will impose tariffs on steel and aluminium imported … Continue reading →

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USD/CHF: Switzerland’s economy grew more-than-expected in 1Q 2018

Posted on June 1, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9843. Macroeconomic data showed that Switzerland’s seasonally adjusted gross domestic product (GDP) increased 0.6% on a quarterly basis in the first … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth cooled less than initially estimated in May

Posted on June 1, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 108.75. In the Asian session, at GMT0300, the pair is trading at 109.22, with the USD trading 0.43% higher against the … Continue reading →

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GBP/USD: Britain’s April consumer credit surged by the most since November 2016

Posted on June 1, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.3297, after data showed that UK’s net consumer credit rose £1.8 billion in April, posting its highest increase since November 2016 … Continue reading →

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EUR/USD: Euro-zone’s annual inflation accelerated to a more than 12-month high in May

Posted on June 1, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1702, helped by receding worries over Italy’s political turmoil and a surge in the Euro-zone’s annual inflation. Data showed that the … Continue reading →

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AUD/USD: RBA would start raising interest rates by the year-end: OECD

Posted on May 31, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.95% against the USD and closed at 0.7573. Yesterday, the OECD stated that it expects Australia’s economic growth to accelerate by 2.9% in 2018 and by 3.0% next … Continue reading →

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USD/CAD: BoC maintained key interest rate steady, keeps door open for a June rate hike

Posted on May 31, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.0% against the CAD and closed at 1.2890. The Canadian Dollar advanced against the USD, after the Bank of Canada (BoC), at its May monetary policy meeting, hinted … Continue reading →

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USD/CHF: Switzerland’s ZEW expectations index jumped in May, while KOF leading indicator unexpectedly fell in the same month

Posted on May 31, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.9888. On the data front, Switzerland’s ZEW economic expectations index rose to a level of 28.0 in May, after registering a … Continue reading →

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USD/JPY: Japan’s consumer confidence increased marginally in April

Posted on May 31, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 108.82. On the data front, Japan’s consumer confidence index slightly increased to a level of 43.8 in May, compared to market … Continue reading →

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