USD/CAD: Canada’s retail sales posted a modest rise in June

Posted on August 23, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2567. On the economic front, Canada’s retail sales rose 0.1% MoM in June, lower than market expectations for a rise of … Continue reading →

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USD/CHF: Switzerland’s trade surplus widened in July

Posted on August 23, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CHF and closed at 0.9684. Macroeconomic data indicated that Switzerland’s trade surplus widened more-than-anticipated to a level of CHF3.51 billion in July, from a revised … Continue reading →

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USD/JPY: Japan’s manufacturing sector notches a 3-month high level in August

Posted on August 23, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the JPY and closed at 109.71. In the Asian session, at GMT0300, the pair is trading at 109.52, with the USD trading 0.17% lower against the … Continue reading →

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GBP/USD: Britain’s public sector net borrowing posted a surplus in July

Posted on August 23, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2821. On the data front, UK’s public sector net borrowing has reported a surplus of £0.8 billion in July, as compared … Continue reading →

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EUR/USD: German investor confidence at 10-month low in August

Posted on August 23, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.1764, pressured by a weaker-than-expected reading on investor confidence across the Euro-zone. Data indicated that the Euro-zone’s ZEW economic sentiment index … Continue reading →

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AUD/USD: Aussie Dollar trading flat in the Asian session

Posted on August 22, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.7937. LME Copper prices rose 1.0% or $62.5/MT to $6514.5/MT. Aluminium prices declined 0.9% or $19.5/MT to $2084.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally higher, ahead of Canada’s retail sales data

Posted on August 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2562. On the macro front, Canada’s wholesale sales fell 0.5% in June, meeting market expectations and compared to a revised rise … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s trade balance data

Posted on August 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9628. In economic news, Switzerland’s total sight deposits rose to a level of CHF579.5 billion in the week ended 18 August, … Continue reading →

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

Posted on August 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 109.01. In the Asian session, at GMT0300, the pair is trading at 109.32, with the USD trading 0.28% higher against the … Continue reading →

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GBP/USD: Pound trading lower in the morning session

Posted on August 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.2896. In the Asian session, at GMT0300, the pair is trading at 1.2886, with the GBP trading 0.08% lower against the … Continue reading →

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EUR/USD: German economic growth could top expectations this year: Bundesbank

Posted on August 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1809. Yesterday, the Bundesbank, in its monthly report, stated that German economic growth will likely expand at a faster clip in … Continue reading →

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