USD/CAD: Loonie trading a tad higher in the Asian session

Posted on June 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.3332. In the Asian session, at GMT0300, the pair is trading at 1.3325, with the USD trading marginally lower against the … Continue reading →

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

Posted on June 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CHF and closed at 0.9724. In the Asian session, at GMT0300, the pair is trading at 0.9722, with the USD trading marginally lower against the … Continue reading →

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

Posted on June 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 111.33. On the data front, Japan’s final machine tool orders climbed 24.5% YoY in May, compared to a gain of 24.4% … Continue reading →

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GBP/USD: Interest rate hike might be prudent in second half of this year: BoE’s Haldane

Posted on June 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2675, after the Bank of England’s (BoE) Chief Economist, Andy Haldane, stated that he is likely to back an interest rate … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the ECB’s economic bulletin report

Posted on June 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1167. In the US, data showed that existing home sales unexpectedly advanced 1.1% to a level of 5.62 million on a … Continue reading →

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AUD/USD: Aussie trading lower in the morning session

Posted on June 21, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7579. LME Copper prices declined 0.2% or $13.5/MT to $5673.5/MT. Aluminium prices rose 1.5% or $27.5/MT to $1889.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower this morning

Posted on June 21, 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 1.3271. In economic news, Canada’s wholesale sales advanced above expectations by 1.0% on a monthly basis in April, following a revised … Continue reading →

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USD/CHF: SECO Cuts Switzerland’s economic growth forecast for 2017

Posted on June 21, 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 0.9748. Yesterday, the State Secretariat for Economic Affairs (SECO), in its quarterly economic forecasts report, trimmed Switzerland’s 2017 growth outlook by … Continue reading →

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USD/JPY: BoJ Minutes – Members comfortable with fluctuations in government debt purchases

Posted on June 21, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 111.35. In the Asian session, at GMT0300, the pair is trading at 111.29, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: BoE’s Carney – Not the right time to hike interest rates

Posted on June 21, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.82% against the USD and closed at 1.2629, after the Bank of England (BoE) Governor, Mark Carney, doused expectations of an interest rate hike any time soon, stating … Continue reading →

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EUR/USD: Euro-zone’s current account surplus narrowed in April

Posted on June 21, 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 1.1135. On the macro front, the Euro-zone’s seasonally adjusted current account surplus narrowed more-than-expected to a level of €22.2 billion in … Continue reading →

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