GBP/USD: UK’s ILO unemployment rate remained steady at a 42-year low level in the three months through April

Posted on June 15, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.2760, after UK’s ILO unemployment rate remained steady at a 42-year low level of 4.6% in the three months ended April, … Continue reading →

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EUR/USD: Euro-zone’s industrial output rose for the second consecutive month in April

Posted on June 15, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1212. On the macro front, the Euro-zone’s seasonally adjusted industrial production advanced for the second straight month, after it rose 0.5% … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence eased for a third straight month in June

Posted on June 14, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7536. LME Copper prices declined 1.6% or $93.0/MT to $5659.0/MT. Aluminium prices declined 0.6% or $11.0/MT to $1877.0/MT. In the Asian … Continue reading →

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USD/CAD: 2015 rate cuts have largely done their work: BoC’s Poloz

Posted on June 14, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD and closed at 1.3235. The Canadian Dollar gained ground, after the Bank of Canada (BoC) Governor, Stephen Poloz signalled that the BoC could raise … Continue reading →

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

Posted on June 14, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9688. In the Asian session, at GMT0300, the pair is trading at 0.9686, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japan’s industrial production advanced as initially estimated in April

Posted on June 14, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the JPY and closed at 110.06. In the Asian session, at GMT0300, the pair is trading at 110.04, with the USD trading a tad lower against … Continue reading →

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GBP/USD: UK inflation jumped to its highest level since June 2013 in May

Posted on June 14, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.66% against the USD and closed at 1.2752, after recent data indicated a more-than-expected rise in UK’s inflation. Britain’s consumer price index (CPI) advanced more-than-expected by 2.9% on … Continue reading →

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EUR/USD: Euro-zone’s investor morale highest since August 2015 in June

Posted on June 14, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1209, after the Euro-zone’s ZEW economic sentiment index climbed to a level of 37.7 in June, notching its highest level in … Continue reading →

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AUD/USD: Australia’s NAB business confidence deteriorated in May

Posted on June 13, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7544. LME Copper prices rose 0.2% or $13.0/MT to $5752.0/MT. Aluminium prices declined 0.7% or $13.5/MT to $1888.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on June 13, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.94% against the CAD and closed at 1.3319. The Canadian Dollar gained ground, after hawkish comments by a senior Bank of Canada (BoC) official sparked hopes that the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

Posted on June 13, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9688. In economic news, Switzerland’s total sight deposits inched up to a level of CHF576.4 billion in the week ended 09 … Continue reading →

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