USD/JPY: Japan’s industrial output posts a modest rise in October

Posted on November 30, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the JPY and closed at 111.98. In the Asian session, at GMT0400, the pair is trading at 111.98, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: UK’s mortgage approvals declined to its lowest since September 2016 in October

Posted on November 30, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.3414, on hopes that Britain and the European Union moved closer to a Brexit deal. In economic news, UK’s mortgage approvals … Continue reading →

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EUR/USD: Germany’s annual inflation topped market expectations in November

Posted on November 30, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1852, after data showed that inflation in the Euro-zone’s largest economy picked up for first time in three months in November. The flash consumer price … Continue reading →

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AUD/USD: RBA to hike benchmark interest rate soon, predicts OECD

Posted on November 29, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7600. Yesterday, the OECD stated that the Australian economy will continue to expand at a robust pace, with the labour market … Continue reading →

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USD/CAD: Canada’s economic growth forecasted to slow next year: OECD

Posted on November 29, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.2812. Yesterday, the OECD projected the Canadian economy to accelerate 3.0% this year, before slowing to 2.1% in 2018 and 1.9% … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower, ahead of Swiss ZEW expectations data

Posted on November 29, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9838. In the Asian session, at GMT0400, the pair is trading at 0.9841, with the USD trading a tad higher against … Continue reading →

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USD/JPY: BoJ should rethink on monetary policy if inflation remains elusive

Posted on November 29, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 111.50. Yesterday, the OECD, warned that the Bank of Japan (BoJ) should reassess its loose monetary policy if it is unable … Continue reading →

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GBP/USD: Britain’s banks could survive a “disorderly Brexit”, says Mark Carney

Posted on November 29, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3354, in the wake of a report which revealed that UK and the European Union (EU) have agreed a deal over … Continue reading →

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EUR/USD: OECD boosted Euro-zone’s and global economic growth estimates, urges higher business investment to maintain global growth

Posted on November 29, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1848. In economic news, Germany’s GfK consumer confidence index remained unchanged at 10.7 in December, in line with market expectations. Meanwhile, … Continue reading →

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AUD/USD: Aussie trading flat in the morning session

Posted on November 28, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.7604. LME Copper prices declined 1.1% or $75.5/MT to $6892.0/MT. Aluminium prices rose 0.3% or $5.5/MT to $2109.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat, ahead of BoC Governor’s speech

Posted on November 28, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.2762. In the Asian session, at GMT0400, the pair is trading at 1.2762, with the USD trading flat against the CAD … Continue reading →

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