EUR/USD: Euro-zone’s services sector growth notched a more than 10-year high in January, while activity in Germany’s services sector surged to a nearly 7-year high in the same month

Posted on January 25, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.2400, after latest data confirmed that economic growth across the Euro-zone continued its staggering rate of expansion in the new year. … Continue reading →

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AUD/USD: Australia’s Westpac leading index rose in December

Posted on January 24, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7995. LME Copper prices declined 2.0% or $144.0/MT to $6905.0/MT. Aluminium prices declined 1.0% or $21.5/MT to $2213.5/MT. In the Asian … Continue reading →

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

Posted on January 24, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2425. In the Asian session, at GMT0400, the pair is trading at 1.2414, with the USD trading 0.09% lower against the … Continue reading →

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

Posted on January 24, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 0.9578. In the Asian session, at GMT0400, the pair is trading at 0.9554, with the USD trading 0.25% lower against the … Continue reading →

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USD/JPY: Japan’s manufacturing activity hit highest level in almost 4 years in January

Posted on January 24, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.6% against the JPY and closed at 110.28. In the Asian session, at GMT0400, the pair is trading at 109.95, with the USD trading 0.3% lower against the … Continue reading →

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GBP/USD: UK public-sector net borrowing reported a deficit in December

Posted on January 24, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.4002. Macroeconomic data revealed that UK’s public sector net borrowing posted a deficit of £1.0 billion in December, falling short of … Continue reading →

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EUR/USD: Euro-zone’s economic sentiment jumped to a 6-month high level in January, while Germany’s investor mood improved to an 8-month high level in the same month

Posted on January 24, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.2297, following better-than-expected ZEW economic sentiment surveys across the common currency region as well as robust consumer confidence data in the … Continue reading →

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AUD/USD: Aussie trading reverses its gains in the Asian session

Posted on January 23, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.8015. Yesterday, the IMF forecasted that China, Australia’s largest trading partner, is expected to grow at 6.6% this year before slipping … Continue reading →

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

Posted on January 23, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2447. In the Asian session, at GMT0400, the pair is trading at 1.2456, with the USD trading 0.07% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher this morning

Posted on January 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9621. In economic news, Switzerland’s total sight deposits advanced to a level of CHF574.6 billion in the week ended 19 January, … Continue reading →

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USD/JPY: BoJ announced no change to monetary policy, retained its inflation outlook

Posted on January 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 110.95. In the Asian session, at GMT0400, the pair is trading at 110.77, with the USD trading 0.16% lower against the … Continue reading →

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