GBP/USD: Pound trading marginally higher this morning

Posted on February 7, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3954. In the Asian session, at GMT0400, the pair is trading at 1.3960, with the GBP trading a tad higher against … Continue reading →

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EUR/USD: Germany’s factory orders soared to a 4-month high level in December

Posted on February 7, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.2380, following a pair of upbeat economic releases in Germany. Data revealed that Germany’s seasonally adjusted factory orders rebounded more-than-anticipated by … Continue reading →

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AUD/USD: RBA maintained the key interest rate unchanged at 1.50%

Posted on February 6, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.5% against the USD and closed at 0.7883. LME Copper prices declined 0.2% or $16.0/MT to $7050.0/MT. Aluminium prices declined 1.2% or $26.0/MT to $2202.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower this morning

Posted on February 6, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.97% against the CAD and closed at 1.2535. In the Asian session, at GMT0400, the pair is trading at 1.2541, with the USD trading slightly higher against the … Continue reading →

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USD/CHF: Swiss Franc trading higher in the morning session

Posted on February 6, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9317. On the data front, Switzerland’s total sight deposits nudged down to a level of CHF574.7 billion in the week ended … Continue reading →

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

Posted on February 6, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the JPY and closed at 109.17. In the Asian session, at GMT0400, the pair is trading at 108.63, with the USD trading 0.49% lower against the … Continue reading →

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GBP/USD: UK’s services sector growth slowest in 16 months in January

Posted on February 6, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.08% against the USD and closed at 1.3965, following dismal UK services sector report. Data showed that Britain’s Markit services PMI declined more-than-anticipated to a level of 53.0 … Continue reading →

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EUR/USD: Recent surge in Euro ‘new headwind’ for inflation, warns ECB’s Draghi

Posted on February 6, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.2378, after the European Central Bank (ECB) President warned of recent volatility in the Euro. The ECB Chief, Mario Draghi, cautioned … Continue reading →

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AUD/USD: Australia’s services sector activity quickened in January

Posted on February 5, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.92% against the USD and closed at 0.7930 on Friday. LME Copper prices rose 0.6% or $39.0/MT to $7066.0/MT. Aluminium prices rose 0.5% or $10.0/MT to $2228.0/MT. In … Continue reading →

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

Posted on February 5, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.85% against the CAD and closed at 1.2389 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2420, with the USD trading 0.25% higher … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on February 5, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 0.9316 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9308, with the USD trading 0.09% lower … Continue reading →

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