GBP/USD: Pound trading higher in the Asian session

Posted on May 15, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.2880 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2892, with the GBP trading 0.09% higher … Continue reading →

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EUR/USD: German economic growth at a 12-month high level in 1Q 2017

Posted on May 15, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.0928 on Friday, after Germany’s seasonally adjusted preliminary gross domestic product (GDP) rose 0.6% on a quarterly basis in the first … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on May 12, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.7371. LME Copper prices rose 1.2% or $68.5/MT to $5580.5/MT. Aluminium prices rose 0.9% or $17.0/MT to $1887.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new house price index climbed in March

Posted on May 12, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CAD and closed at 1.3703. On the macro front, Canada’s new housing price index registered a rise of 0.2% on a monthly basis in March, … Continue reading →

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USD/CHF: Switzerland’s consumer price inflation advanced as expected in April

Posted on May 12, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 1.0077. Macroeconomic data showed that Switzerland’s consumer price index advanced 0.2% MoM in April, meeting market expectations and compared to a … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 12, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the JPY and closed at 113.76. In economic news, data revealed that Japan’s Eco-Watchers survey for the current situation index rose to a level of 48.1 … Continue reading →

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GBP/USD: Bank of England left interest rates unchanged, lowered 2017 growth forecast

Posted on May 12, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2888, after the Bank of England (BoE) trimmed Britain’s 2017 economic growth outlook. The BoE, at its latest monetary policy meeting, … Continue reading →

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EUR/USD: European Commission lifted Euro-zone’s growth forecast for 2017

Posted on May 12, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0862. Yesterday, the European Commission (EU), in its quarterly economic forecasts report, slightly upgraded Euro-zone’s economic growth forecast to 1.7% for … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on May 11, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.11% against the USD and closed at 0.7355. LME Copper prices rose 0.3% or $16.0/MT to $5512.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1870.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on May 11, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3676. In the Asian session, at GMT0300, the pair is trading at 1.3726, with the USD trading 0.37% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss inflation data

Posted on May 11, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 1.009. In the Asian session, at GMT0300, the pair is trading at 1.0083, with the USD trading 0.07% lower against the … Continue reading →

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