AUD/USD: Double delight for Australia as new home sales rebound in February and job vacancies register an increase for the third consecutive quarter

Posted on March 30, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.42% against the USD to close at 0.7665. LME Copper prices rose 1.26% or $72.5/MT to $5847.0/MT. Aluminium prices rose 0.65% or $12.5/MT to $1931.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on March 30, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.3331. In the Asian session, at GMT0300, the pair is trading at 1.3343, with the USD trading 0.09% higher against the … Continue reading →

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USD/CHF: KOF institute downgrades Swiss 2017 economic growth projection

Posted on March 30, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.9961. In economic news, Switzerland’s KOF institute projected the nation to grow by 1.5% in 2017, down from its December 2016 … Continue reading →

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USD/JPY: A slew of economic releases awaited in Japan

Posted on March 30, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 111.09. In the Asian session, at GMT0300, the pair is trading at 111.3, with the USD trading 0.19% higher against the … Continue reading →

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GBP/USD: Theresa May triggers Article 50, kick-starts historic Brexit process

Posted on March 30, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.2439, after the British Prime Minister, Theresa May triggered Article 50 and formally began Britain’s divorce from the European Union. She … Continue reading →

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EUR/USD: German flash CPI for March awaited

Posted on March 30, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0764. In economic news, German import price index advanced above expectations by 0.7% on a monthly basis in February and after … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on March 29, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.17% against the USD and closed at 0.7633. LME Copper prices declined 4.3% or $101.0/MT to $5774.5/MT. Aluminium prices rose 0.1% or $2.5/MT to $1918.5/MT. In the Asian … Continue reading →

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USD/CAD: Low interest rates needed to help Canada grow: BoC Governor Poloz

Posted on March 29, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3381. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, stated that Canada has a wide room for economic growth and … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher, ahead of Switzerland’s ZEW expectations survey data

Posted on March 29, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CHF and closed at 0.9920. In the Asian session, at GMT0300, the pair is trading at 0.9916, with the USD trading a tad lower against … Continue reading →

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USD/JPY: Japan’s retail trade advanced less-than-expected in February

Posted on March 29, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 111.10. In the Asian session, at GMT0300, the pair is trading at 111.22, with the USD trading 0.11% higher against the … Continue reading →

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GBP/USD: British Prime Minister, Theresa May, prepares to trigger Article 50 today

Posted on March 29, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.84% against the USD and closed at 1.2456, amid heightened anxiety as the UK Government is set to launch Britain’s formal exit from the European Union (EU). In … Continue reading →

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