EUR/USD: Euro-zone’s annual inflation slowed as initially estimated in April

Posted on May 17, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1815, dragged by political turmoil in the Euro-zone’s third largest economy, Italy. On the economic front, the Euro-zone’s final consumer price … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s Westpac consumer confidence eased in May

Posted on May 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.74% against the USD and closed at 0.7470. LME Copper prices declined 0.08% or $5.5/MT to $6822.5/MT. Aluminium prices rose 1.2% or $27.5/MT to $2313.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s existing home sales surprisingly declined to a 5-year low in April

Posted on May 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2874. The Canadian Dollar declined against the USD, after Canada’s existing home sales unexpectedly dropped 2.9% on a monthly basis in … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s producer & import prices rebounded in April

Posted on May 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 1.0009. On the data front, Switzerland producer and import price index rose 0.4% on a monthly basis in April, after registering … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s economy surprisingly contracted in the first three months of 2018

Posted on May 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the JPY and closed at 110.25. In the Asian session, at GMT0300, the pair is trading at 110.26, with the USD trading slightly higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s ILO unemployment remained steady at a 42 year low in the three months to March, wage growth slows in the same period

Posted on May 16, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.3501, after fresh figures pointed to a slowdown in UK’s wage growth. On the macro front, Britain’s ILO unemployment rate remained … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: GDP growth across the Euro-bloc slowed in the first quarter of 2018

Posted on May 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.89% against the USD and closed at 1.1824, following downbeat GDP figures across the Euro-zone. Data indicated that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Board members see scant evidence for a near-term interest rate hike: RBA minutes

Posted on May 15, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7526. LME Copper prices declined 0.60% or $41.0/MT to $6628.0/MT. Aluminium prices rose 0.53% or $12.0/MT to $2285.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s existing home sales data

Posted on May 15, 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 1.2803. On the macro front, Canada’s Teranet/National Bank house price index advanced 0.2% on a monthly basis in April, after recording … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading flat this morning

Posted on May 15, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 1.0004. Macroeconomic data indicated that Switzerland’s total sight deposits inched up to a level of CHF576.2 billion in the week ended … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading flat in the Asian session

Posted on May 15, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 109.71. In economic news, Japan’s preliminary machine tool orders climbed 22.0% on an annual basis in April, compared to a rise … Continue reading →

Posted in USD/JPY | Comments Off