AUD/USD: RBA kept its interest rate unchanged at 1.50%

Posted on November 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7685. LME Copper prices declined 0.2% or $12.0/MT to $6902.5/MT. Aluminium prices fell 0.6% or $13.0/MT to $2152.0/MT. The Reserve Bank … Continue reading →

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

Posted on November 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.2711. Data indicated that the seasonally adjusted Ivey PMI in Canada rose more-than-expected to 63.8 in October. In the previous month, … Continue reading →

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USD/CHF: Swiss consumer prices advanced as expected in October

Posted on November 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9977. Macroeconomic data showed that the consumer price index (CPI) rose 0.7% in Switzerland on a yearly basis in October, meeting … Continue reading →

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

Posted on November 7, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the JPY and closed at 113.81. In the Asian session, at GMT0400, the pair is trading at 113.91, with the USD trading 0.09% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading marginally higher this morning

Posted on November 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.73% against the USD and closed at 1.3172. Overnight data revealed that UK BRC like-for-like sales declined 1.0% in October, led by weak sales of non-food items, from … Continue reading →

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EUR/USD: Eurozone services PMI fell in October, investor confidence surged to the highest level since July 2007

Posted on November 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1610. On the data front, Eurozone final services PMI slid less than previously expected to 55.0 in October from 55.8 in … Continue reading →

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

Posted on November 6, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.82% against the USD and closed at 0.7648 on Friday. LME Copper prices rose 0.9% or $59.5/MT to $6914.5/MT. Aluminium prices rose 0.6% or $13.0/MT to $2165.0/MT. In … Continue reading →

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USD/CAD: Canada’s trade deficit remained steady, unemployment rate surprisingly rose

Posted on November 6, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.2766 on Friday. Macroeconomic data showed that Canada reported international merchandise trade deficit of C$3.18 billion in September, from a revised … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher, ahead of consumer price index data

Posted on November 6, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 1.0008 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0005, with the USD trading marginally lower … Continue reading →

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USD/JPY: BoJ Governor remains confident about Japan’s economy and inflation outlook

Posted on November 6, 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 114.12 on Friday. Minutes of the Bank of Japan’s (BoJ) September policy meeting, which were released overnight, revealed that Japan’s economy … Continue reading →

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GBP/USD: UK’s services sector expanded at its fastest rate in six months in October

Posted on November 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.3074 on Friday, following robust UK Markit services PMI data. Data showed that Britain’s services sector unexpectedly rose to 55.6 in … Continue reading →

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