USD/JPY: Japanese economic growth accelerated in the second quarter of 2017

Posted on August 14, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 109.09 on Friday. In the Asian session, at GMT0300, the pair is trading at 109.37, with the USD trading 0.26% higher … Continue reading →

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GBP/USD: Pound trading a tad higher in the Asian session

Posted on August 14, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.3014 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3016, with the GBP trading marginally higher … Continue reading →

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EUR/USD: Germany’s annual inflation grew as initially estimated in July

Posted on August 14, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1823 on Friday. In economic news, data revealed that Germany’s final consumer price index (CPI) climbed 1.7% on an annual basis … Continue reading →

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AUD/USD: Wage growth too low, interest rates are more likely to rise but not yet: RBA Governor

Posted on August 11, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.7865. LME Copper prices declined 0.8% or $48.5/MT to $6416.5/MT. Aluminium prices rose 0.3% or $6.0/MT to $2024.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new house price index rose less-than-expected in June

Posted on August 11, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD and closed at 1.2742. On the data front, Canada’s new housing price index registered a rise of 0.2% MoM in June, falling short of … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on August 11, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9622. In the Asian session, at GMT0300, the pair is trading at 0.9613, with the USD trading 0.09% lower against the … Continue reading →

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

Posted on August 11, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the JPY and closed at 109.16. The Japanese Yen gained ground, amid increased risk aversion as investors continue to grapple with geopolitical tensions between the US … Continue reading →

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GBP/USD: Britain’s total trade deficit unexpectedly widened to a 9-month high in June

Posted on August 11, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.2976, following disappointing economic data in the UK. Data indicated that Britain’s total trade deficit surprisingly widened to a nine-month high … Continue reading →

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EUR/USD: Euro trading marginally higher, ahead of Germany’s final inflation data

Posted on August 11, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1765. In economic news, French industrial production dropped more-than-expected by 1.1% on a monthly basis in June, dropping by the most … Continue reading →

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AUD/USD: Australia’s consumer inflation expectation fell in August

Posted on August 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.34% against the USD and closed at 0.7888. LME Copper prices rose 1.6% or $101.0/MT to $6465.0/MT. Aluminium prices rose 1.9% or $37.0/MT to $2018.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts surprisingly climbed in July, building permits recorded an unexpected rise in June

Posted on August 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.2698. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts surprisingly advanced to a level of 222.3K in July, defying market … Continue reading →

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