EUR/USD: Low inflation warrants patience on monetary policy tightening: ECB’s Erkki Liikanen

Posted on March 28, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2407, following dovish comments from the European Central Bank (ECB) Governing Council member, Erkki Liikanen and softer-than-expected economic releases in the … Continue reading →

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

Posted on March 27, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.23% against the USD and closed at 0.7747. LME Copper prices declined 2.4% or $158.0/MT to $6500.0/MT. Aluminium prices declined 1.3% or $27.0/MT to $2022.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on March 27, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.2852. In the Asian session, at GMT0300, the pair is trading at 1.2833, with the USD trading 0.15% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on March 27, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9452. In economic news, Switzerland’s total sight deposits rose to a level of CHF576.0 billion in the week ended 23 March, … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on March 27, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the JPY and closed at 105.43. In the Asian session, at GMT0300, the pair is trading at 105.63, with the USD trading 0.19% higher against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals declined in February

Posted on March 27, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.4233. Macroeconomic data revealed that UK’s BBA mortgage approvals eased more-than-anticipated to a level of 38.1K in February, compared to market … Continue reading →

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EUR/USD: Euro trading a tad lower this morning

Posted on March 27, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.2451. In economic news, the final gross domestic product (GDP) in France rose more than initially estimated by 0.7% QoQ in … Continue reading →

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

Posted on March 26, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.7703 on Friday. LME Copper prices declined 1.3% or $88.5/MT to $6658.0/MT. Aluminium prices declined 0.5% or $10.0/MT to $2049.0/MT. In … Continue reading →

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USD/CAD: Canada’s annual inflation surged by the most in 3 years in February

Posted on March 26, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.2868 on Friday. The Canadian Dollar advanced against the USD on Friday, following better-than-anticipated Canadian inflation figures. Data revealed that Canada’s … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on March 26, 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 0.9470 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9466, with the USD trading slightly lower … Continue reading →

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USD/JPY: Japanese Yen reverses its gains this morning

Posted on March 26, 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 104.84 on Friday. In the Asian session, at GMT0300, the pair is trading at 104.94, with the USD trading 0.10% higher … Continue reading →

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