USD/JPY: Japan’s manufacturing sector growth cooled in March

Posted on March 22, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the JPY and closed at 105.95. In the Asian session, at GMT0400, the pair is trading at 105.69, with the USD trading 0.25% lower against the … Continue reading →

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GBP/USD: UK’s wage growth accelerated in the three months to January, unemployment rate surprisingly dropped in the same period

Posted on March 22, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.4141, after the latest labour report indicated a pick-up in UK’s wage growth. Data showed that Britain’s average earnings excluding bonus … Continue reading →

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EUR/USD: Euro trading higher, ahead of key economic releases across the Eurozone

Posted on March 22, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.69% against the USD and closed at 1.2342. The US Dollar declined against a basket of major currencies, after the US Federal Reserve (Fed) raised the key interest … Continue reading →

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

Posted on March 21, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.30% against the USD and closed at 0.7688. LME Copper prices declined 3.2% or $222.0/MT to $6784.0/MT. Aluminium prices declined 5.0% or $108.5/MT to $2073.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on March 21, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3075. In the Asian session, at GMT0400, the pair is trading at 1.3022, with the USD trading 0.41% lower against the … Continue reading →

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USD/CHF: Swiss economic growth to pick up this year and next: SECO

Posted on March 21, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 0.9562. Macroeconomic data revealed that trade surplus in Switzerland widened to CHF3.14 billion in February, after recording a revised surplus of … Continue reading →

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

Posted on March 21, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the JPY and closed at 106.54. In the Asian session, at GMT0400, the pair is trading at 106.48, with the USD trading 0.06% lower against the … Continue reading →

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GBP/USD: UK’s annual inflation growth weakest since September 2017 in February

Posted on March 21, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.4002, after softer-than-expected UK inflation figures alleviated the pressure on the Bank of England to raise key interest rates. Britain’s consumer … Continue reading →

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EUR/USD: ZEW economic sentiment plummeted across the Euro-zone in March

Posted on March 21, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.2245, pressured by weaker-than-expected ZEW economic sentiment data across the Euro-zone. The Euro-zone’s ZEW economic sentiment index significantly declined to a … Continue reading →

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AUD/USD: RBA sanguine over Australia’s economy, but concerned over high household debt

Posted on March 20, 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 0.7713. LME Copper prices declined 1.9% or $131.5/MT to $6791.5/MT. Aluminium prices rose 0.1% or $1.5/MT to $2070.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian session

Posted on March 20, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD and closed at 1.3079. In the Asian session, at GMT0400, the pair is trading at 1.3082, with the USD trading a tad higher against … Continue reading →

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