USD/CAD: Canada’s annual inflation remained steady in April

Posted on May 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.7% against the CAD and closed at 1.3515 on Friday. Macroeconomic data showed that Canada’s consumer price inflation rose less than expected 1.6% YoY in April, matching the … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on May 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9730 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9736, with the USD trading 0.06% higher … Continue reading →

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

Posted on May 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the JPY and closed at 111.15 on Friday. Over the weekend, macro data indicated that Japan’s Merchandise total trade balance narrowed more than expected to ¥481.7 … Continue reading →

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GBP/USD: UK CBI industrial trends total orders unexpectedly rose in May

Posted on May 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.7% against the USD and closed at 1.3033 on Friday. Data revealed that the CBI industrial trends total orders surprisingly advanced to 9.0 in May, mainly driven by … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence reached its highest level since July 2007 in May

Posted on May 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1202 on Friday. On the macro front, the Euro-zone’s consumer confidence index rose less than expected to a level of -3.3 … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on May 19, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.27% against the USD and closed at 0.7413. LME Copper prices declined 1.5% or $85.0/MT to $5490.0/MT. Aluminium prices declined 1.2% or $23.0/MT to $1905.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s inflation data

Posted on May 19, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3610, following hawkish comments by the Cleveland Fed President regarding rate hikes. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on May 19, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9795. In the Asian session, at GMT0300, the pair is trading at 0.9801, with the USD trading 0.06% higher against the … Continue reading →

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USD/JPY: Japanese Yen reverses its previous session losses in the morning session

Posted on May 19, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the JPY and closed at 111.49. In the Asian session, at GMT0300, the pair is trading at 111.16, with the USD trading 0.3% lower against the … Continue reading →

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GBP/USD: UK’s retail sales sharply rebound in April

Posted on May 19, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.2942. In economic news, data showed that British retail sales rebounded more-than-anticipated by 2.3% on a monthly basis in April, suggesting … Continue reading →

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EUR/USD: Policymakers could start considering stimulus exit in June: ECB minutes

Posted on May 19, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.1107. According to the minutes of the European Central Bank’s (ECB) latest meeting, board members generally agreed that June would be … Continue reading →

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