EUR/USD: Robust growth expected to continue in the near term: ECB economic bulletin

Posted on February 9, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2249. Yesterday, the European Central Bank (ECB), in its latest economic bulletin report, stated that the Euro-zone economy is expected to … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading marginally higher in the morning session

Posted on February 8, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.94% against the USD and closed at 0.7815. LME Copper prices declined 0.8% or $54.0/MT to $7006.0/MT. Aluminium prices declined 0.7% or $14.5/MT to $2181.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CHF: Swiss Franc trading a tad higher this morning

Posted on February 8, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.86% against the CHF and closed at 0.9435. In the Asian session, at GMT0400, the pair is trading at 0.9440, with the USD trading marginally higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s trade surplus widened above expectations in December

Posted on February 8, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 109.37. In the Asian session, at GMT0400, the pair is trading at 109.37, with the USD trading flat against the JPY … Continue reading →

Posted in USD/JPY | Comments Off

USD/CAD: Canada building permits advanced in December

Posted on February 8, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CAD and closed at 1.2569. Macroeconomic data revealed that Canada’s building permits rebounded 4.8% MoM in December, higher than market expectations for a rise of … Continue reading →

Posted in USD/CAD | Comments Off

GBP/USD: Pound trading on a positive footing, ahead of BoE’s interest rate decision

Posted on February 8, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.62% against the USD and closed at 1.3875, after data showed that UK’s Halifax house price index registered an unexpected drop of 0.6% on a monthly basis in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone economy to show robust growth this year and next: European Commission

Posted on February 8, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.03% against the USD and closed at 1.2259, following downbeat industrial output data from Germany and reports that leader of Social Democrats (SPD), Martin Schulz, would not be … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s construction sector activity accelerated in January

Posted on February 7, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.44% against the USD and closed at 0.7904. LME Copper prices rose 0.1% or $10.0/MT to $7060.0/MT. Aluminium prices declined 0.3% or $6.0/MT to $2196.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s Ivey–PMI declined in January, international merchandise trade deficit unexpectedly widened in December

Posted on February 7, 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 1.2498. In economic news, Canada’s seasonally adjusted Ivey–PMI fell to a level of 55.2 in January, compared to a reading of … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on February 7, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.9361. In the Asian session, at GMT0400, the pair is trading at 0.9355, with the USD trading 0.06% lower against the … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on February 7, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.89% against the JPY and closed at 109.70. In the Asian session, at GMT0400, the pair is trading at 109.33, with the USD trading 0.34% lower against the … Continue reading →

Posted in USD/JPY | Comments Off