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

Posted on August 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the CHF and closed at 0.9637. The Swiss Franc jumped against the USD, as excessive geopolitical fears surrounding North Korea lured investors to the safe-haven appeal … Continue reading →

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USD/JPY: Japan’s machinery orders surprisingly fell in June, tertiary industry index remained flat in the same month

Posted on August 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the JPY and closed at 109.96. On the data front, Japan’s preliminary machine tool orders recorded a rise of 26.3% on an annual basis in July. … Continue reading →

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GBP/USD: UK’s RICS house prices rose at its slowest rate in over 4 years in July

Posted on August 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.12% against the USD and closed at 1.3010. In the Asian session, at GMT0300, the pair is trading at 1.3, with the GBP trading 0.08% lower against the … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on August 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1759. On the data front, Italy’s seasonally adjusted industrial production rose more-than-expected by 1.1% on a monthly basis in June, compared … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence declined in August

Posted on August 9, 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 0.7915. LME Copper prices rose 0.5% or $31.0/MT to $6364.0/MT. Aluminium prices rose 3.2% or $61.0/MT to $1981.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session, ahead of Canada’s housing starts and building permits data

Posted on August 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.2667. In the Asian session, at GMT0300, the pair is trading at 1.2689, with the USD trading 0.17% higher against the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained steady in July

Posted on August 9, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9727. Macroeconomic data revealed that Switzerland’s seasonally adjusted unemployment rate remained steady at 3.2% in July, at par with market expectations. … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing in the morning session

Posted on August 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the JPY and closed at 110.12. The Japanese Yen gained ground, amid increased risk aversion among investors after the US President, Donald Trump promised a reprisal … Continue reading →

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GBP/USD: Pound trading marginally lower in the Asian session

Posted on August 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2994. In the Asian session, at GMT0300, the pair is trading at 1.2987, with the GBP trading a tad lower against … Continue reading →

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EUR/USD: German trade surplus at a 10-month high in June

Posted on August 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1763. On the macro front, Germany’s seasonally adjusted trade surplus widened to a ten-month high level of €21.2 billion in June, … Continue reading →

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AUD/USD: Australia’s NAB business conditions improved to a 9-year high level in July

Posted on August 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.4% against the USD and closed at 0.791. LME Copper prices rose 0.05% or $3.0/MT to $6333.0/MT. Aluminium prices rose 1.6% or $30.0/MT to $1920.0/MT. In the Asian … Continue reading →

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