AUD/USD: Australia’s trade surplus narrowed sharply in October

Posted on December 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.55% against the USD and closed at 0.7564. LME Copper prices declined 1.6% or $106.0/MT to $6539.0/MT. Aluminium prices declined 1.2% or $23.5/MT to $2028.5/MT. In the Asian … Continue reading →

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USD/CAD: BoC holds interest rate steady at 1.0%

Posted on December 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CAD and closed at 1.2792. The Canadian Dollar lost ground, after the Bank of Canada (BoC), at its latest monetary policy meeting, struck a cautious … Continue reading →

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USD/CHF: Switzerland’s consumer prices surprisingly dropped in November

Posted on December 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9895. The Swiss Franc declined against the USD, after data indicated that Switzerland’s consumer price index (CPI) unexpectedly fell 0.1% MoM … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing in the morning session

Posted on December 7, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the JPY and closed at 112.24. In the Asian session, at GMT0400, the pair is trading at 112.38, with the USD trading 0.12% higher against the … Continue reading →

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GBP/USD: Pound trading flat in the Asian session

Posted on December 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.3383, after UK’s Chief Brexit negotiator, David Davis stated that “no quantitative assessment” was carried out to analyse the impact of … Continue reading →

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EUR/USD: Germany’s factory orders posted an unexpected rise in October

Posted on December 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1805, after Germany’s Markit construction PMI fell to a ten-month low level of 53.1 in November, hinting that the nation’s construction … Continue reading →

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AUD/USD: Australia’s economic growth slowed more-than-estimated in 3Q 2017

Posted on December 6, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7606. LME Copper prices declined 2.4% or $162.0/MT to $6645.0/MT. Aluminium prices declined 0.02% or $0.5/MT to $2052.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat, ahead of BoC’s monetary policy decision

Posted on December 6, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2695. On the data front, Canada’s international merchandise trade deficit narrowed more-than-expected to C$1.47 billion in October, following a revised deficit … Continue reading →

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

Posted on December 6, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9873. In the Asian session, at GMT0400, the pair is trading at 0.9869, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japanese Yen trading higher in the morning session

Posted on December 6, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the JPY and closed at 112.57. In the Asian session, at GMT0400, the pair is trading at 112.24, with the USD trading 0.29% lower against the … Continue reading →

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GBP/USD: Britain’s services sector growth deteriorated in November

Posted on December 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.3417, after UK’s services sector disappointed with a weaker-than-expected performance in November. Data revealed that UK’s Markit services PMI eased more-than-expected … Continue reading →

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