USD/JPY: Japan’s trade surplus narrowed in March

Posted on May 11, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the JPY and closed at 114.31. On the economic front, Japan’s flash leading economic index advanced to a level of 105.5 in March, in line with … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of the BoE’s monetary policy decision

Posted on May 11, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.14% against the USD and closed at 1.2929. In the Asian session, at GMT0300, the pair is trading at 1.2940, with the GBP trading 0.09% higher against the … Continue reading →

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EUR/USD: Too Soon To Declare Inflation Victory: ECB’s Draghi

Posted on May 11, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.0866, after the European Central Bank’s (ECB) President, Mario Draghi, brushed off calls to scale back its stimulus programme, reiterating that … Continue reading →

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

Posted on May 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.7347. LME Copper prices rose 0.6% or $30.0/MT to $5496.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1874.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits unexpectedly dropped in March

Posted on May 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.3705. On the data front, Canada’s building permits unexpectedly eased 5.8% on a monthly basis in March, defying market expectations for … Continue reading →

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USD/CHF: Swiss Franc trading flat in the Asian session

Posted on May 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 1.0066. On the economic front, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in April, meeting market expectation. In the … Continue reading →

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USD/JPY: Overseas risks warrant current policy: BoJ’s April meeting summary

Posted on May 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 113.72. In the Asian session, at GMT0300, the pair is trading at 113.78, with the USD trading a tad higher against … Continue reading →

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

Posted on May 10, 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 1.2947. In the Asian session, at GMT0300, the pair is trading at 1.2943, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: German exports and imports hit record high level in March

Posted on May 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0880. On the economic front, Germany’s seasonally adjusted trade surplus widened more-than-expected by €25.4 billion in March, as both exports and … Continue reading →

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AUD/USD: Australia’s retail sales drop for the second straight month in March

Posted on May 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7383. LME Copper prices declined 1.2% or $64.5/MT to $5466.0/MT. Aluminium prices declined 1.5% or $28.0/MT to $1879.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts declined in March

Posted on May 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.3695. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts fell more-than-expected to a level of 214.1K in April, from a … Continue reading →

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