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

Posted on February 12, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.7789 on Friday. LME Copper prices declined 1.2% or $83.0/MT to $6755.0/MT. Aluminium prices rose 1.2% or $26.0/MT to $2142.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate unexpectedly rose in January, number of people employed dipped to a 9-year low in the same month

Posted on February 12, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD and closed at 1.2615 on Friday. The Canadian Dollar declined against the USD on Friday, following downbeat Canadian labour market report. Data revealed that … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss inflation data

Posted on February 12, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9387 on Friday. Macroeconomic data revealed that Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.0% in January, in line with … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on February 12, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 108.49 on Friday. In the Asian session, at GMT0400, the pair is trading at 108.71, with the USD trading 0.2% higher … Continue reading →

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GBP/USD: UK’s industrial production sank by the most in over 5 years in December

Posted on February 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.98% against the USD and closed at 1.3806 on Friday, after comments from the European Union’s (EU) chief negotiator sparked a fresh wave of uncertainty over Britain’s exit … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on February 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.2232 on Friday. On the macro front, Italy’s seasonally adjusted industrial production rose more-than-expected by 1.6% on a monthly basis in … Continue reading →

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AUD/USD: RBA upbeat on economy, slashed unemployment forecast

Posted on February 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.66% against the USD and closed at 0.7776, after the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe, diminished the odds of an imminent interest rate hike, on … Continue reading →

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USD/CAD: Canada’s housing starts slightly declined in January

Posted on February 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.2595. On the data front, Canada’s seasonally adjusted housing starts fell less-than-anticipated to a level of 216.2K in January, compared to … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Swiss unemployment rate data

Posted on February 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.78% against the CHF and closed at 0.9360. In the Asian session, at GMT0400, the pair is trading at 0.9377, with the USD trading 0.18% higher against the … Continue reading →

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USD/JPY: Japan’s tertiary industry index unexpectedly declined in December

Posted on February 9, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the JPY and closed at 108.73. In the Asian session, at GMT0400, the pair is trading at 108.97, with the USD trading 0.22% higher against the … Continue reading →

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GBP/USD: BoE left the key interest rate unchanged at 0.50%, signalled at sooner and sharper rise in interest rates

Posted on February 9, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3923, after the Bank of England (BoE) lifted UK’s economic growth forecasts and hinted at rapid monetary policy tightening. The BoE, … Continue reading →

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