USD/JPY: Japanese Yen reverses its losses in the morning session

Posted on June 28, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the JPY and closed at 112.21. In the Asian session, at GMT0300, the pair is trading at 112.10, with the USD trading 0.1% lower against the … Continue reading →

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GBP/USD: BoE raised its capital requirements for banks amid Brexit risks

Posted on June 28, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.79% against the USD and closed at 1.2819. Yesterday, the Bank of England, in its bi-annual Financial Stability Report, warned of possible threats of a “hard Brexit” on … Continue reading →

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EUR/USD: Stimulus could be scaled back if economy improves: ECB President

Posted on June 28, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.44% against the USD and closed at 1.1341, following hawkish remarks from the European Central Bank (ECB) President, Mario Draghi. The ECB Chief signalled that the central bank … Continue reading →

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AUD/USD: Aussie Dollar extends its gains in the Asian session

Posted on June 27, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.09% against the USD and closed at 0.7582. LME Copper prices declined 0.05% or $3.0/MT to $5771.0/MT. Aluminium prices declined 0.7% or $13.0/MT to $1855.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher this morning

Posted on June 27, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3256. In the Asian session, at GMT0300, the pair is trading at 1.3254, with the USD trading slightly lower against the … Continue reading →

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

Posted on June 27, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the CHF and closed at 0.9725. On the economic front, Switzerland’s total sight deposits stood at CHF578.2 billion in the week ended 23 June, up from … Continue reading →

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

Posted on June 27, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the JPY and closed at 111.87. In economic news, Japan’s final leading economic index fell to a level of 104.2 in April, following a revised level … Continue reading →

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GBP/USD: UK’s BBA mortgage applications declined to an 8-month low level in May

Posted on June 27, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.2719, after UK’s BBA mortgage approvals fell to a level of 40.35K in May, hitting its lowest level since September 2016 … Continue reading →

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EUR/USD: Germany’s Ifo business confidence surged to a record high level in June

Posted on June 27, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1180, after the European Central Bank’s (ECB) President, Mario Draghi stated that there is no need to deviate from the ECB’s … Continue reading →

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AUD/USD: Aussie Dollar trading on a stronger footing this morning

Posted on June 26, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.7570 on Friday. LME Copper prices rose 0.7% or $38.0/MT to $5774.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1868.0/MT. In … Continue reading →

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USD/CAD: Canada’s annual inflation came in weaker-than-expected in May

Posted on June 26, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3266 on Friday. The Canadian Dollar weakened against the US Dollar, after data indicated that Canada’s consumer price index (CPI) climbed … Continue reading →

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