USD/CHF: Swiss Franc extends its gains in the morning session

Posted on March 5, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9369 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9362, with the USD trading 0.07% lower … Continue reading →

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USD/JPY: Japan’s services sector activity eased in February

Posted on March 5, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the JPY and closed at 105.54 on Friday. The Japanese Yen jumped against the USD, after the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, hinted that … Continue reading →

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GBP/USD: UK needs to face up to ‘hard facts’ on Brexit, warns Theresa May

Posted on March 5, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3786 on Friday. On Friday, Britain’s Prime Minister, Theresa May, in a much-awaited Brexit speech, acknowledged that the UK and the … Continue reading →

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EUR/USD: German retail sales surprisingly dipped in January

Posted on March 5, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.2329 on Friday. In economic news, data showed that the Euro-zone’s producer price index (PPI) climbed less-than-anticipated by 1.5% on an … Continue reading →

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AUD/USD: Aussie trading a tad lower in the morning session

Posted on March 2, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.40% against the USD and closed at 0.7759. LME Copper prices declined 1.5% or $101.0/MT to $6852.0/MT. Aluminium prices fell 0.7% or $15.5/MT to $2143.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP data

Posted on March 2, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.2832. Data indicated that Canada’s Markit manufacturing PMI declined to a level of 55.6 in February, on the back of a … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on March 2, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9418. The Swiss Franc gained against the USD yesterday, following upbeat economic growth data for the fourth quarter. Data showed that … Continue reading →

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

Posted on March 2, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the JPY and closed at 106.13. Overnight data revealed that unemployment rate in Japan unexpectedly dropped to 2.40% in January, compared to a rate of 2.80% … Continue reading →

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GBP/USD: May’s Speech, due later today, will be closely monitor

Posted on March 2, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.3773. Data showed that UK’s Markit manufacturing PMI dropped slightly to 55.2 in February, reaching its lowest level in 8 months … Continue reading →

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EUR/USD: Euro-zone’s manufacturing activity expanded at a slower pace in February

Posted on March 2, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.2270. On the macro front, Euro-zone’s final Markit manufacturing PMI eased to a 4-month low level of 58.6 in February, compared … Continue reading →

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AUD/USD: Australia’s manufacturing sector growth cooled in February

Posted on March 1, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.36% against the USD and closed at 0.7762. LME Copper prices declined 1.1% or $75.0/MT to $6953.0/MT. Aluminium prices declined 0.6% or $14.0/MT to $2158.5/MT. In the Asian … Continue reading →

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