USD/JPY: Japan’s consumer confidence hits highest level since September 2013 in March

Posted on April 7, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 110.84. In economic news, Japan’s consumer confidence index jumped to a level of 43.9 in March, surging to its highest level … Continue reading →

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GBP/USD: Pound trading flat in the Asian session, ahead of a slew of economic releases in Britain

Posted on April 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.2465. In the Asian session, at GMT0300, the pair is trading at 1.2465, with the GBP trading flat against the USD … Continue reading →

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EUR/USD: Stimulus efforts still needed in the Euro-zone: ECB’s Draghi

Posted on April 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.0643, after the European Central Bank (ECB) Chief, Mario Draghi, stated that it was too soon to wind down the central … Continue reading →

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AUD/USD: Aussie reverses its gains in the morning session

Posted on April 6, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7571. LME Copper prices rose 1.5% or $84.0/MT to $5808.5/MT. Aluminium prices rose 1.2% or $24.0/MT to $1962.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s building permits data

Posted on April 6, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3430. In the Asian session, at GMT0300, the pair is trading at 1.3441, with the USD trading 0.08% higher against the … Continue reading →

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

Posted on April 6, 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 1.0039. In the Asian session, at GMT0300, the pair is trading at 1.0035, with the USD trading a tad lower from … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher in the Asian session

Posted on April 6, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the JPY and closed at 110.50. In the Asian session, at GMT0300, the pair is trading at 110.48, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s services PMI touches 3-month high level in March

Posted on April 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.4% against the USD and closed at 1.2486, after latest data indicated that UK’s service sector activity grew more-than-expected in March. Britain’s Markit services PMI advanced to a … Continue reading →

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EUR/USD: Euro-zone’s services PMI revised lower in March

Posted on April 6, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.1% against the USD and closed at 1.0668. On the data front, the Euro-zone’s final Markit services PMI surprisingly dropped to a level of 56.0 in March, from … Continue reading →

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AUD/USD: Australia’s services sector back in expansion territory in March

Posted on April 5, 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 0.7565. LME Copper prices declined 1.6% or $92.5/MT to $5724.5/MT. Aluminium prices declined 0.5% or $10.5/MT to $1938.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada posts a surprise trade deficit in February

Posted on April 5, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.3397. The Canadian Dollar lost ground, after Canada surprisingly posted an international merchandise trade deficit of C$0.97 billion in February, following … Continue reading →

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