USD/JPY: Japanese Yen trading lower this morning

Posted on June 13, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the JPY and closed at 109.85. On the data front, Japan’s flash machine tool orders rose 24.4% on an annual basis in May, after recording a … Continue reading →

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GBP/USD: Election result threatens UK’s credit rating: Moody’s and S&P

Posted on June 13, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2669, as investors were still spooked by the outcome of last week’s snap election in the UK that resulted in a … Continue reading →

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EUR/USD: Euro trading lower, ahead of the ZEW survey data across the Euro-zone

Posted on June 13, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1201. In economic news, French business sentiment index remained unchanged at a level of 105.0 in May, at par with market … Continue reading →

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

Posted on June 12, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7529 on Friday. LME Copper prices rose 1.6% or $91.5/MT to $5739.0/MT. Aluminium prices declined 0.05% or $1.0/MT to $1901.5/MT. In … Continue reading →

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USD/CAD: Canadian unemployment rate hits 6.6% in May

Posted on June 12, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.3466 on Friday. Macroeconomic data revealed that Canada’s unemployment rate rose to 6.6% in May, meeting market expectations. In the previous … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on June 12, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9691 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9686, with the USD trading slightly lower … Continue reading →

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USD/JPY: Japan’s machinery orders surprisingly fell in April

Posted on June 12, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the JPY and closed at 110.26 on Friday. In the Asian session, at GMT0300, the pair is trading at 110.25, with the USD trading a tad … Continue reading →

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GBP/USD: Theresa May’s election gamble backfires, as voters delivered a hung parliament

Posted on June 12, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2732 on Friday, after results of UK’s general election showed that British voters have dealt a devastating blow to the UK … Continue reading →

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EUR/USD: German trade surplus narrowed in April

Posted on June 12, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1196 on Friday. On the economic front, Germany’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €18.1 billion in … Continue reading →

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AUD/USD: Aussie Dollar trading a tad higher this morning

Posted on June 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.7534. LME Copper prices rose 1.3% or $72.0/MT to $5647.5/MT. Aluminium prices declined 0.05% or $1.0/MT to $1902.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian housing starts sharply declined in May

Posted on June 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3515. On the data front, Canada’s seasonally adjusted housing starts dropped more-than-expected to a level of 194.7K in May, compared to … Continue reading →

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