AUD/USD: RBA unlikely to increase interest rates in the near term: Philip Lowe

Posted on November 22, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7578. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe ruled out the possibility of a near-term interest rate hike … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on November 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2779. On the macro front, Canada’s wholesale sales surprisingly eased 1.2% on a monthly basis in September, confounding market consensus for … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s trade surplus narrowed in October

Posted on November 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CHF and closed at 0.9914. In economic news, Switzerland’s trade surplus narrowed to CHF2.33 billion in October, after recording a surplus of CHF2.92 billion in … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher this morning

Posted on November 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 112.44. In the Asian session, at GMT0400, the pair is trading at 112.29, with the USD trading 0.13% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s public sector net borrowing posted a deficit in October

Posted on November 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3239. On the macro front, UK’s public sector net borrowing posted a deficit of £7.5 billion in October, higher than market … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading slightly higher, ahead of the Euro-zone’s consumer confidence data

Posted on November 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1736. In the US, data indicated that existing home sales climbed more-than-expected by 2.0% on a monthly basis to a level … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Officials concerned over wage growth timing: RBA minutes

Posted on November 21, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.7549. LME Copper prices rose 0.4% or $23.5/MT to $6752.0/MT. Aluminium prices declined 0.5% or $9.5/MT to $2067.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading slightly higher in the morning session

Posted on November 21, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.2811. In the Asian session, at GMT0400, the pair is trading at 1.2806, with the USD trading a tad lower against … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher, ahead of Swiss trade balance data

Posted on November 21, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9934. In economic news, Switzerland’s total sight deposits inched up to a level of CHF577.6 billion during the week ended 17 … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading marginally higher this morning

Posted on November 21, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the JPY and closed at 112.56. In the Asian session, at GMT0400, the pair is trading at 112.53, with the USD trading marginally lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a stronger footing this morning

Posted on November 21, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.3238, propelled by speculations that the UK government is ready to offer around £40.0 billion to the European Union as part … Continue reading →

Posted in GBP/USD | Comments Off