USD/CAD: Loonie trading a tad lower, ahead of Canada’s building permits data

Posted on June 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD and closed at 1.3448. On the macro front, Canada’s seasonally adjusted Ivey PMI registered a drop to a level of 53.8 in May, compared … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on June 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CHF and closed at 0.9620. In economic news, Switzerland’s total sight deposits inched up to a level of CHF576.1 billion in the week ended 02 … Continue reading →

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USD/JPY: Japanese Yen trading marginally lower this morning

Posted on June 7, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the JPY and closed at 109.42. The Japanese Yen gained ground, as demand for safe-haven currency increased after a fresh wave of uncertainty washed across markets … Continue reading →

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GBP/USD: Pound trading a tad lower in the Asian session

Posted on June 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly against the USD and closed at 1.2908. In the Asian session, at GMT0300, the pair is trading at 1.2901, with the GBP trading marginally lower against the … Continue reading →

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EUR/USD: Euro-zone’s Sentix investor confidence index surged to a nearly decade high level in June

Posted on June 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1277, after the Euro-zone’s Sentix investor confidence index unexpectedly rose to a nearly 10-year high level of 28.4 in June, as … Continue reading →

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AUD/USD: RBA kept interest rate on hold at its latest monetary policy meeting

Posted on June 6, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.7487. LME Copper prices rose 0.49% or $27.0/MT to $5586.5/MT. Aluminium prices rose 0.05% or $1.0/MT to $1917.5/MT. Overnight macro data … Continue reading →

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USD/CAD: Canadian Dollar trading higher ahead of PMI data

Posted on June 6, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3477. In the Asian session, at GMT0300, the pair is trading at 1.3467, with the USD trading 0.07% lower from yesterday’s … Continue reading →

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

Posted on June 6, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9649. In the Asian session, at GMT0300, the pair is trading at 0.9631, with the USD trading 0.19% lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on June 6, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the JPY and closed at 110.45. Overnight data showed that Japan’s labour cash earnings rose 0.5% on an annual basis in April, higher than market expectations … Continue reading →

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GBP/USD: UK’s services sector growth slowed in May

Posted on June 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.2906. Macroeconomic data showed that growth in UK’s dominant service sector slowed more than expected in May as political uncertainty ahead … Continue reading →

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EUR/USD: Euro-zone business activity remained steady in May

Posted on June 6, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1259. On macro front, the final composite PMI in the Euro-zone remained unchanged at a level of 56.8 in May, in … Continue reading →

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