USD/CAD: Canada’s housing starts surprisingly rose in October, building permits exceeded market expectations in September

Posted on November 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2731. The Canadian Dollar gained ground against the USD, following a pair of upbeat Canadian economic reports. Data showed that Canada’s … Continue reading →

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USD/CHF: Swiss Franc trading flat, ahead of Swiss unemployment rate data

Posted on November 9, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9999. In the Asian session, at GMT0400, the pair is trading at 0.9999, with the USD trading flat against the CHF … Continue reading →

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USD/JPY: Japan’s machinery orders plunged to a more than 2-year low in September

Posted on November 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the JPY and closed at 113.87. In the Asian session, at GMT0400, the pair is trading at 114.00, with the USD trading 0.11% higher against the … Continue reading →

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

Posted on November 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.45% against the USD and closed at 1.3114, amid speculations that Britain’s International Development Secretary, Priti Patel, would be dismissed, sparked concerns over the future of the Prime … Continue reading →

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EUR/USD: Euro trading a tad lower in the Asian session

Posted on November 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1595. Macroeconomic data released in the US showed that mortgage applications remained flat in the week ended 03 November, comparted to … Continue reading →

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AUD/USD: Aussie Dollar trading marginally lower in the morning session

Posted on November 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.46% against the USD and closed at 0.7650. LME Copper prices declined 0.6% or $39.5/MT to $6863.0/MT. Aluminium prices slipped 1.0% or $21.0/MT to $2131.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC Governor defended inflation target, stayed neutral on interest rates

Posted on November 8, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD and closed at 1.2769. The Bank of Canada (BoC) Governor, Stephen Poloz, defended the use of inflation targets and restated that policymakers would be … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on November 8, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 0.9995. In the Asian session, at GMT0400, the pair is trading at 0.9989, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading flat in the Asian session

Posted on November 8, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 113.80. In the Asian session, at GMT0400, the pair is trading at 113.80, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: UK Halifax house prices advanced at their fastest rate since February

Posted on November 8, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.3173. Data showed that the UK Halifax house price index rose 4.5% on a yearly basis in the August to October … Continue reading →

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EUR/USD: ECB Chief stated there is little evidence that negative interest rates have affected profitability of banks

Posted on November 8, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.1596. The European Central Bank (ECB) President, Mario Draghi, stated that most of the financial stability issues that were linked to … Continue reading →

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