GBP/USD: UK’s manufacturing production posted first decline since March 2017 in February

Posted on April 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.4180. On the economic front, data showed that manufacturing production in the UK registered an unexpected drop of 0.2% MoM in … Continue reading →

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EUR/USD: Euro trading marginally lower, ahead of ECB’s latest meeting minutes

Posted on April 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.09% against the USD and closed at 1.2369. Yesterday, the European Central Bank (ECB) President, Mario Draghi stated that trade tariffs announced by the US and China are … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence index dropped in April

Posted on April 11, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.91% against the USD and closed at 0.7766. LME Copper prices rose 1.8% or $121.0/MT to $6888.0/MT. Aluminium prices rose 2.8% or $58.5/MT to $2171.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada housing starts slid in March, building permits fell in February

Posted on April 11, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.85% against the CAD and closed at 1.2598. In economic news, Canada’s seasonally adjusted housing starts declined less-than-expected to a level of 225.2K in March, from a revised … Continue reading →

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USD/CHF: Swiss Franc trading flat in the Asian session

Posted on April 11, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9569. In the Asian session, at GMT0300, the pair is trading at 0.9569, with the USD trading flat against the CHF … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on April 11, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 107.21. On the macro front, Japan’s flash machine tool orders rose 28.1% YoY in March, after recording an increase of 39.5% … Continue reading →

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GBP/USD: Pound trading on a positive footing this morning

Posted on April 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4169, after the Bank of England’s (BoE) policymaker, Ian McCafferty stated that the central bank should not prolong next interest rate … Continue reading →

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EUR/USD: Euro trading flat in the Asian session, ahead of ECB President’s speech

Posted on April 11, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2358, after hawkish comments from the European Central Bank (ECB) policymaker, Ewald Nowotny reinvigorated hopes that the central bank will soon … Continue reading →

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AUD/USD: Australia’s NAB business confidence eased in March

Posted on April 10, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7696. LME Copper prices rose 0.95% or $64.0/MT to $6767.0/MT. Aluminium prices rose 7.42% or $146.0/MT to $2113.0/MT. In the Asian … Continue reading →

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USD/CAD: Business mood continues to be positive: BoC survey

Posted on April 10, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.2706. The Canadian Dollar gained ground against the USD, after a business survey by the Bank of Canada (BoC) supported expectations … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on April 10, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9561. Macroeconomic data indicated that Switzerland’s seasonally adjusted unemployment rate remained steady at 2.9% in March, meeting market consensus. In the … Continue reading →

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