EUR/USD: Governing council worried over appreciating Euro and low inflation: ECB minutes

Posted on August 18, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1728, following the release of dovish minutes from the European Central Bank’s July meeting. According to minutes, policymakers expressed concerns over … Continue reading →

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AUD/USD: Australia’s jobless rate fell in July

Posted on August 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.33% against the USD and closed at 0.7925. LME Copper prices rose 0.8% or $51.0/MT to $6433.0/MT. Aluminium prices rose 0.9% or $19.0/MT to $2075.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning

Posted on August 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.99% against the CAD and closed at 1.2627. In the Asian session, at GMT0300, the pair is trading at 1.2612, with the USD trading 0.12% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading higher in the morning session

Posted on August 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CHF and closed at 0.9652. In the Asian session, at GMT0300, the pair is trading at 0.9646, with the USD trading 0.06% lower against the … Continue reading →

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USD/JPY: Japan’s adjusted merchandise trade surplus sharply widened in July

Posted on August 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the JPY and closed at 110.09. In the Asian session, at GMT0300, the pair is trading at 109.84, with the USD trading 0.23% lower against the … Continue reading →

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GBP/USD: Britain’s ILO unemployment rate surprisingly declined in the three months to June

Posted on August 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.2894, following upbeat jobs report from the UK. Data showed that Britain’s ILO unemployment rate unexpectedly dropped to 4.4% in the … Continue reading →

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EUR/USD: Euro-zone’s economy expanded as expected in the three months to June

Posted on August 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1778, after the second estimate of the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) advanced 0.6% on a quarterly basis … Continue reading →

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AUD/USD: Australia’s Westpac leading index rebounded in July

Posted on August 16, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.45% against the USD and closed at 0.7821. LME Copper prices rose 0.5% or $31.0/MT to $6382.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2056.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian existing home sales fell for the fourth straight month in July

Posted on August 16, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2753. Macroeconomic data showed that Canada’s existing home sales eased 2.1% on a monthly basis in July, dropping for the fourth … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on August 16, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9724. On the data front, Switzerland’s producer and import price index remained flat on a monthly basis in July, at par … Continue reading →

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USD/JPY: Japanese Yen trading marginally lower in the morning session

Posted on August 16, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the JPY and closed at 110.60. In the Asian session, at GMT0300, the pair is trading at 110.66, with the USD trading slightly higher against the … Continue reading →

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