GBP/USD: UK’s ILO unemployment rate increased for the first time in nearly 2 years in the final three months of 2017

Posted on February 22, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.55% against the USD and closed at 1.3914, after UK’s ILO unemployment rate surprised to the upside in the three months to December 2017. Britain’s ILO unemployment rate … Continue reading →

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EUR/USD: Euro-zone’s manufacturing sector activity at a 4-month low in February, while Germany’s manufacturing sector growth weakest since August 2017 in the same month

Posted on February 22, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.2280, following a slew of downbeat economic releases across the Euro-zone. Data revealed that the Euro-zone’s preliminary Markit manufacturing PMI dropped … Continue reading →

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AUD/USD: Australia’s Westpac leading index dropped in January

Posted on February 21, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.28% against the USD and closed at 0.7881. LME Copper prices declined 0.9% or $66.0/MT to $7027.0/MT. Aluminium prices declined 1.2% or $27.0/MT to $2239.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s wholesale sales declined for first time in three months in December

Posted on February 21, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2649. Macroeconomic data indicated that Canada’s wholesale sales surprisingly eased 0.5% on a monthly basis in December, defying market expectations for … Continue reading →

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USD/CHF: Swiss trade surplus narrowed by the most since 2012 in January

Posted on February 21, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CHF and closed at 0.9364. On the macro front, Switzerland’s trade surplus narrowed to a 6-year low level of CHF1.32 billion in January, amid exports … Continue reading →

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

Posted on February 21, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the JPY and closed at 107.31. On the data front, Japan’s final machine tool orders recorded a rise of 48.8% on an annual basis in January, … Continue reading →

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GBP/USD: Pound trading a tad lower, ahead of UK’s ILO unemployment rate data

Posted on February 21, 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 1.3995, lifted by renewed optimism over Brexit, following a report that the European Parliament is preparing a plan to give Britain … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence dipped for the first time since July 2017 in February

Posted on February 21, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.2335, after the Euro-zone’s preliminary consumer confidence index slid more-than-anticipated to a level of 0.1 in February, dropping for the first … Continue reading →

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AUD/USD: RBA upbeat on economy, worried over weak wage growth

Posted on February 20, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.2% against the USD and closed at 0.7914. LME Copper prices declined 0.9% or $66.0/MT to $7093.0/MT. Aluminium prices rose 3.5% or $77.0/MT to $2266.0/MT. In the Asian … Continue reading →

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

Posted on February 20, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.2559. In the Asian session, at GMT0400, the pair is trading at 1.2580, with the USD trading 0.17% higher against the … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on February 20, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9287. In economic news, Switzerland’s total sight deposits rose to a level of CHF575.1 billion in the week ended 16 February, … Continue reading →

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