GBP/USD: Interest rate could rise in the coming months: BoE’s Vlieghe

Posted on September 18, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.45% against the USD and closed at 1.3597 on Friday, propelled by upbeat comments from one of the dovish Bank of England’s (BoE) committee member. The BoE policymaker, … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s trade surplus shrunk in July

Posted on September 18, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.5% against the USD and closed at 1.1953 on Friday. On the macro front, the Euro-zone’s seasonally adjusted trade surplus narrowed more-than-expected to €18.6 billion in July, from … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on September 15, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.8008. LME Copper prices declined 1.7% or $108.5/MT to $6418.5/MT. Aluminium prices declined 0.9% or $18.0/MT to $2065.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s new house prices advanced as expected in July

Posted on September 15, 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 1.2179. In economic news, Canada’s new house price index rose 0.4% on a monthly basis in July, in line with market … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: SNB left its key interest rate on hold

Posted on September 15, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9667. Yesterday, the Swiss National Bank (SNB) kept the key interest rate unchanged at -0.75%. Additionally, the central bank reiterated its … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on September 15, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 110.43. In the Asian session, at GMT0300, the pair is trading at 110.16, with the USD trading 0.24% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: BoE stands pat on interest rates, signals at an interest rate hike in coming months

Posted on September 15, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.42% against the USD and closed at 1.3403, after the Bank of England (BoE) struck a hawkish tone at its latest monetary policy meeting. The BoE, as widely … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading on a stronger footing in the Asian session

Posted on September 15, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1894. The greenback lost ground against its key peers, after North Korea issued an explicit threat to the US, stating that … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s unemployment rate remained steady in August, job growth surged the most in nearly 2 years in the same month

Posted on September 14, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7985. LME Copper prices declined 1.1% or $74.5/MT to $6527.0/MT. Aluminium prices traded flat at $2083.0/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on weaker footing in the morning session

Posted on September 14, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.2162. Macroeconomic data revealed that Canada’s Teranet/National Bank house price index climbed 0.6% in August, after recording a rise of 2.0% … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower, ahead of SNB’s monetary policy decision

Posted on September 14, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9632. On the macro front, Switzerland’s producer and import price index rose more-than-expected by 0.3% MoM in August, compared to a … Continue reading →

Posted in USD/CHF | Comments Off