AUD/USD: RBA lowers Australia’s growth forecast, cites currency strength

Posted on August 4, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7957. LME Copper prices declined 0.2% or $10.0/MT to $6290.0/MT. Aluminium prices declined 0.7% or $12.5/MT to $1891.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower, ahead of Canada’s jobs data

Posted on August 4, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2572. In the Asian session, at GMT0300, the pair is trading at 1.2575, with the USD trading a tad higher against … Continue reading →

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

Posted on August 4, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9679. In the Asian session, at GMT0300, the pair is trading at 0.968, with the USD trading marginally higher against the … Continue reading →

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

Posted on August 4, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the JPY and closed at 109.95. In the Asian session, at GMT0300, the pair is trading at 110.17, with the USD trading 0.2% higher against the … Continue reading →

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GBP/USD: BoE opted to leave benchmark interest rate steady, lowered UK’s growth forecast

Posted on August 4, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.6% against the USD and closed at 1.3142, after the Bank of England (BoE) downgraded UK’s economic growth forecast. The BoE monetary policy committee voted 6-2 to keep … Continue reading →

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EUR/USD: Euro-zone’s retail sales surprised with an unexpected rise in June

Posted on August 4, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1878, boosted by better-than-expected retail sales data from the Euro-bloc. The Euro-zone’s seasonally adjusted retail sales unexpectedly advanced 0.5% on a … Continue reading →

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AUD/USD: Australia’s trade surplus sharply narrowed in June, services sector activity rose in July

Posted on August 3, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.05% against the USD and closed at 0.7958. LME Copper prices declined 0.01% or $0.5/MT to $6300.0/MT. Aluminium prices rose 0.9% or $17.0/MT to $1904.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on August 3, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.2571. In the Asian session, at GMT0300, the pair is trading at 1.2591, with the USD trading 0.16% higher against the … Continue reading →

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USD/CHF: Switzerland’s manufacturing sector growth surged to a 6-year high in July

Posted on August 3, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9707. On the data front, Switzerland’s SECO consumer confidence index improved to a level of -3.0 July, meeting market expectations, reflecting … Continue reading →

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USD/JPY: Japan’s services sector expanded at a slower pace in July

Posted on August 3, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the JPY and closed at 110.77. On the economic front, Japan’s consumer confidence index advanced to four-month high level of 43.8 in July, surpassing market expectations … Continue reading →

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GBP/USD: UK’s construction sector growth hit 11-month low in July

Posted on August 3, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.3221, despite data showing a sharp decline in UK’s construction activity. On the macro front, Britain’s Markit construction PMI fell more-than-anticipated … Continue reading →

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