USD/CAD: Canada’s international merchandise trade deficit unexpectedly widened in March

Posted on May 4, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD and closed at 1.2852. On the macro front, Canada’s international merchandise trade deficit surprisingly widened to C$4.14 billion in March, compared to a revised … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher this morning

Posted on May 4, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CHF and closed at 0.9978. In the Asian session, at GMT0300, the pair is trading at 0.9974, with the USD trading a tad lower against … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on May 4, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the JPY and closed at 109.18. In the Asian session, at GMT0300, the pair is trading at 108.98, with the USD trading 0.18% lower against the … Continue reading →

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GBP/USD: UK’s services sector growth picked-up slightly in April

Posted on May 4, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.3571. In economic news, Britain’s Markit services PMI advanced less-than-expected to a level of 52.8 in April, compared to market expectations … Continue reading →

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EUR/USD: Euro-zone’s inflation growth slowed in April

Posted on May 4, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.25% against the USD and closed at 1.1986, shrugging off weak inflation numbers from the Euro-zone. The Euro-zone’s preliminary consumer price index (CPI) advanced less-than-expected by 1.2% on … Continue reading →

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AUD/USD: Australia’s trade surplus surprisingly widened to a nearly 1year high in March

Posted on May 3, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.05% against the USD and closed at 0.749. LME Copper prices rose 0.11% or $7.5/MT to $6785.0/MT. Aluminium prices rose 0.49% or $11.0/MT to $2269.0/MT. In the Asian … Continue reading →

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

Posted on May 3, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.2878. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading 0.17% lower against the … Continue reading →

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USD/CHF: Swiss real retail sales fell in March, SVME PMI surprised on the upside in April

Posted on May 3, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9989. Macroeconomic data revealed that Switzerland’s real retail sales declined 1.8% on an annual basis in March, after recording a drop … Continue reading →

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

Posted on May 3, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 109.82. In economic news, Japan’s consumer confidence index unexpectedly fell to a level of 43.6 in April, compared to a reading … Continue reading →

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GBP/USD: UK’s construction sector bounced back into expansion territory in April

Posted on May 3, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.3576, despite robust British construction sector data. On the economic front, UK’s Markit construction PMI rose more-than-estimated to a level of … Continue reading →

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EUR/USD: Euro-zone’s economic growth cooled as expected in 1Q 2018

Posted on May 3, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1956, after the latest data revealed that Euro-bloc’s economic growth slowed at the start of the new year. The Euro-zone’s seasonally … Continue reading →

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