USD/CHF: Current negative interest rate regime still needed: SNB’s Jordan

Posted on January 17, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9596. Yesterday, the Swiss National Bank’s (SNB) Chairman, Thomas Jordan stated that negative interest rates were still needed to limit the … Continue reading →

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USD/JPY: Japan’s machinery orders unexpectedly surged to its highest level in a decade in November

Posted on January 17, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 110.38. In the Asian session, at GMT0400, the pair is trading at 110.62, with the USD trading 0.22% higher against the … Continue reading →

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GBP/USD: UK’s consumer price inflation slowed as expected in December

Posted on January 17, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3790, after UK’s annual inflation eased from a nearly 6-year high level in December. Data revealed that Britain’s consumer price index … Continue reading →

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EUR/USD: Germany’s inflation slowed as initially estimated in December

Posted on January 17, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.2260, after few members of the center-left Social Democrats (SPD) voted against opening coalition talks with German Chancellor, Angela Merkel’s conservative, … Continue reading →

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AUD/USD: Aussie trading slightly lower this morning

Posted on January 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7966. LME Copper prices rose 1.6% or $109.5/MT to $7180.0/MT. Aluminium prices rose 0.6% or $12.5/MT to $2227.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales grew for fifth consecutive month in December

Posted on January 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD and closed at 1.2426. Macroeconomic data revealed that Canada’s existing home sales climbed 4.5% MoM in December, rising for the fifth straight month. In … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

Posted on January 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CHF and closed at 0.9632. On the data front, Switzerland’s total sight deposits increased to CHF573.8 billion in the week ended 12 January, after recording … Continue reading →

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

Posted on January 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the JPY and closed at 110.58. In the Asian session, at GMT0400, the pair is trading at 110.94, with the USD trading 0.33% higher against the … Continue reading →

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GBP/USD: Pound trading on a weaker footing, ahead of UK’s inflation data

Posted on January 16, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.3796. In the Asian session, at GMT0400, the pair is trading at 1.3786, with the GBP trading 0.07% lower against the … Continue reading →

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EUR/USD: Euro-zone’s trade surplus widened in November

Posted on January 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.2264, after the Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to €22.5 billion in November, amid an increase in exports, thus … Continue reading →

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

Posted on January 15, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.7913 on Friday. LME Copper prices declined 0.7% or $52.5/MT to $7070.5/MT. Aluminium prices rose 1.7% or $36.0/MT to $2215.0/MT. In … Continue reading →

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