GBP/USD: UK’s Rightmove house prices rebounded in July

Posted on July 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.27% against the USD and closed at 1.3105 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3102, with the GBP trading marginally lower … Continue reading →

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EUR/USD: Euro-zone’s trade surplus slightly widened in May

Posted on July 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.63% against the USD and closed at 1.1469 on Friday. On the data front, the Euro-zone’s seasonally adjusted trade surplus widened less-than-expected to a level of €19.7 billion … Continue reading →

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AUD/USD: Aussie trading a tad higher in the Asian session

Posted on July 14, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.72% against the USD and closed at 0.7732. LME Copper prices rose 0.3% or $19.5/MT to $5902.0/MT. Aluminium prices rose 1.8% or $34.0/MT to $1911.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new house price index came in better-than-anticipated in May

Posted on July 14, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CAD and closed at 1.2733. Macroeconomic data indicated that Canada’s new housing price index rose more-than-expected by 0.7% on a monthly basis in May, compared … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on July 14, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9673. On the macro front, Switzerland’s producer and import prices unexpectedly fell 0.1% MoM in June, compared to market expectations for … Continue reading →

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USD/JPY: Japan’s industrial output fell more than initially estimated in May

Posted on July 14, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the JPY and closed at 113.38. In the Asian session, at GMT0300, the pair is trading at 113.40, with the USD trading marginally higher against the … Continue reading →

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EUR/USD: German annual inflation advanced as initially estimated in June

Posted on July 14, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1397. In economic news, Germany’s final consumer price index (CPI) rose 1.6% on an annual basis in June, confirming the flash … Continue reading →

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GBP/USD: BoE should consider winding down its asset purchase programme sooner: BoE’s Ian McCafferty

Posted on July 14, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2941, after the Bank of England (BoE) member, Ian McCafferty, struck a hawkish tone on monetary policy. The BoE rate-setter, Ian … Continue reading →

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AUD/USD: Australia’s consumer inflation expectation advanced in July

Posted on July 13, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.51% against the USD and closed at 0.7677. LME Copper prices rose 1.5% or $87.5/MT to $5882.5/MT. Aluminium prices declined 0.1% or $2.0/MT to $1877.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC raised interest rates for the first time since 2010

Posted on July 13, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CAD and closed at 1.2758. The Canadian Dollar gained ground, after the Bank of Canada (BoC), at its latest monetary policy meeting, raised its key … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the morning session

Posted on July 13, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9652. In the Asian session, at GMT0300, the pair is trading at 0.9636, with the USD trading 0.17% lower against the … Continue reading →

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