USD/CHF: Swiss unemployment unexpectedly remained unchanged in May

Posted on June 9, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9684. On the macro front, Switzerland’s seasonally adjusted unemployment rate surprisingly remained steady at a level of 3.2% in May, while … Continue reading →

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USD/JPY: Japan’s tertiary industry index rebounded more-than-anticipated in April

Posted on June 9, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 110.00. In economic news, data showed that Eco-Watchers Survey for the current situation rose to a level of 48.6 in May, … Continue reading →

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GBP/USD: Pound trading on a weaker footing, ahead of UK election verdict

Posted on June 9, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.39% against the USD and closed at 1.2776, after an exit poll indicated that the British Prime Minister, Theresa May is losing her parliamentary majority in Britain’s election, … Continue reading →

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EUR/USD: ECB keeps monetary policy on hold and rules out further rate cuts

Posted on June 9, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.1199, after the European Central Bank (ECB) trimmed its inflation forecasts for the next three years. The ECB, at its latest … Continue reading →

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AUD/USD: Australia’s trade surplus shrunk to a 6-month low level in April

Posted on June 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7546. LME Copper prices rose 0.6% or $35.0/MT to $5575.5/MT. Aluminium prices rose 0.6% or $10.5/MT to $1903.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian session

Posted on June 8, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD and closed at 1.3509. On the macro front, Canada’s building permits unexpectedly eased 0.2% MoM in April, compared to a revised drop of 4.9% … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher, ahead of Swiss unemployment rate and inflation data

Posted on June 8, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9646. In the Asian session, at GMT0300, the pair is trading at 0.9645, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japan’s economy expanded at a slower pace than initially estimated in 1Q 2017

Posted on June 8, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 109.76. In the Asian session, at GMT0300, the pair is trading at 109.84, with the USD trading 0.07% higher against the … Continue reading →

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GBP/USD: Pound trading flat, ahead of British general election results

Posted on June 8, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.2956, as investors bet that Theresa May’s Conservatives will win the UK’s general election. In economic news, Britain’s Halifax house price … Continue reading →

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EUR/USD: OECD revised up Euro-zone’s growth forecast, calls for tapering ECB’s stimulus programme

Posted on June 8, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.1258, following a report that the European Central Bank (ECB) will likely cut its inflation forecast at its monetary policy meeting … Continue reading →

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AUD/USD: Australia’s economy expanded faster-than-expected in the first quarter of 2017

Posted on June 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.36% against the USD and closed at 0.7514. LME Copper prices declined 0.8% or $46.0/MT to $5540.5/MT. Aluminium prices declined 1.3% or $24.5/MT to $1893.0/MT. In the Asian … Continue reading →

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