USD/JPY: Japan’s national consumer prices came in as expected in April

Posted on May 26, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 111.77. Overnight data showed that Japan’s national consumer price index (CPI) rose 0.4% YoY in April, mainly driven by higher energy … Continue reading →

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GBP/USD: UK’s economy expanded more slowly than expected in the first quarter

Posted on May 26, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2931, after macroeconomic data showed that UK’s economic growth in the first quarter was slower than previously estimated, raising concerns about … Continue reading →

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EUR/USD: Euro trading lower in the morning session

Posted on May 26, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.1211. On macro front, Italy’s industrial orders fell 4.2% on a monthly basis in March, compared to a revised gain of … Continue reading →

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AUD/USD: Australian Dollar extends its gains in the morning session

Posted on May 25, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.7500. LME Copper prices marginally rose or $2.0/MT to $5662.5/MT. Aluminium prices rose 0.93% or $18.0/MT to $1944.0/MT. Meanwhile, ratings agency, … Continue reading →

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USD/CAD: BoC left key interest rate steady at 0.50%

Posted on May 25, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.77% against the CAD and closed at 1.3411. At its recent monetary policy meeting, the Bank of Canada (BoC) held the benchmark interest rate unchanged at 0.50%. Although … Continue reading →

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

Posted on May 25, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9731. On macro front, Switzerland’s industrial production declined 4.6% YoY in the first quarter, compared to drop of 3.3% in the … Continue reading →

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USD/JPY: Japanese Yen trading flat in the Asian session

Posted on May 25, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 111.60. In economic data, Japan’s final leading economic index recorded a rise to 105.5 in March, from a revised level of … Continue reading →

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GBP/USD: British Pound trading higher, ahead of UK’s 1Q GDP data

Posted on May 25, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2971. In the Asian session, at GMT0300, the pair is trading at 1.2984, with the GBP trading 0.10% higher against the … Continue reading →

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EUR/USD: German consumer confidence rose for a consecutive second month for June

Posted on May 25, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1222, after Germany’s GfK consumer confidence index unexpectedly climbed to a level of 10.4 for June, on the back of further … Continue reading →

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AUD/USD: Aussie Dollar trading lower in the Asian session

Posted on May 24, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7481. On the economic front, Australia’s Westpac leading index declined 0.12% in April, from an increase of 0.08% reported in March. … Continue reading →

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USD/CAD: Canadian Dollar trading lower, ahead of BoC’s interest rate decision

Posted on May 24, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CAD and closed at 1.3515. In economic news, wholesales sales rose less than expected by 0.9% in March, compared to a revised gain of 0.3% … Continue reading →

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