USD/CAD: Canada’s annual inflation rose less-than-expected in August

Posted on September 25, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.2337 on Friday. The Canadian Dollar lost ground, after Canada’s consumer price index (CPI) advanced less-than-anticipated by 1.4% on an annual … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher this morning

Posted on September 25, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9705 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9703, with the USD trading marginally lower … Continue reading →

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USD/JPY: Japanese manufacturing sector growth hit a 4-month high in September

Posted on September 25, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 112.07 on Friday. In the Asian session, at GMT0300, the pair is trading at 112.27, with the USD trading 0.18% higher … Continue reading →

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GBP/USD: Theresa May seeks to stay in the trade bloc for a two year “transitional phase” post Brexit

Posted on September 25, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.3520 on Friday, following the UK Prime Minister, Theresa May’s Brexit speech. The British Prime Minister proposed a two-year implementation period … Continue reading →

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EUR/USD: Euro-zone’s manufacturing sector activity at a nearly 7-year high in September, services sector growth soared to a 4-month high in the same month

Posted on September 25, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1944 on Friday, after the latest data suggested that economic recovery across the Euro-zone retained its momentum at the end of … Continue reading →

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AUD/USD: RBA far from considering an imminent interest rate hike: RBA’s Lowe

Posted on September 22, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.28% against the USD and closed at 0.7927. Yesterday, the Reserve Bank of Australia (RBA) Governor, Philip Lowe, stated that rising global interest rates have no automatic implications … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s inflation data

Posted on September 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2329. In the Asian session, at GMT0300, the pair is trading at 1.2314, with the USD trading 0.12% lower against the … Continue reading →

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USD/CHF: Switzerland’s trade surplus shrunk in August

Posted on September 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9707. In economic news, data revealed that Switzerland’s trade surplus narrowed to a level of CHF2.17 billion in August, as imports … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the morning session

Posted on September 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the JPY and closed at 112.47. In the Asian session, at GMT0300, the pair is trading at 111.70, with the USD trading 0.68% lower against the … Continue reading →

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GBP/USD: UK public sector net borrowing posted a deficit in August.

Posted on September 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.3571. On the macro front, Britain’s public sector net borrowing posted a less-than-expected deficit of £5.1 billion in August, following a … Continue reading →

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EUR/USD: Euro-zone’s consumer morale hit a 16-year high in September

Posted on September 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1940, on the back of a surprise improvement in the Euro-zone’s consumer sentiment. Data indicated that the Euro-zone’s flash consumer confidence … Continue reading →

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