USD/CAD: Loonie trading a tad higher in the Asian session

Posted on March 17, 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 1.3322. In the Asian session, at GMT0400, the pair is trading at 1.3315, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: SNB sticks with record-low interest rate

Posted on March 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CHF and closed at 0.9957. The Swiss National Bank (SNB), at its latest monetary policy meeting, kept the benchmark interest rate at -0.75% as widely … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on March 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the JPY and closed at 113.32. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda indicated that Japan will stick to its ultra-easy monetary policy, stating … Continue reading →

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GBP/USD: BoE holds interest rate at 0.25% but decision split amid rising inflation fears

Posted on March 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.53% against the USD and closed at 1.2353, after a Bank of England (BoE) policymaker surprised investors by voting to raise interest rates by 25 basis point, while … Continue reading →

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EUR/USD: Euro-zone’s annual inflation confirmed at a 4-year high level in February

Posted on March 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.0771, after the Dutch Prime Minister, Mark Rutte’s party won over anti-Islam lawmaker, Geert Wilders, in an election that many viewed … Continue reading →

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AUD/USD: Australia’s unemployment rate surprisingly jumps to 5.9% in February

Posted on March 16, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.89% against the USD and closed at 0.7701. LME Copper prices rose 1.8% or $103.0/MT to $5850.0/MT. Aluminium prices rose 0.7% or $12.0/MT to $1863.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales reach highest level since April 2016 in February

Posted on March 16, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CAD and closed at 1.3297. In economic news, Canada’s existing home sales advanced 5.2% MoM in February, hitting its highest level since April 2016. In … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of the SNB’s interest rate decision

Posted on March 16, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.88% against the CHF and closed at 1.0004. On the macro front, Switzerland’s producer and import price index unexpectedly dropped 0.2% on a monthly basis in February, compared … Continue reading →

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USD/JPY: Cautious BoJ leaves monetary policy unchanged

Posted on March 16, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the JPY and closed at 113.43. In the Asian session, at GMT0400, the pair is trading at 113.43, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: UK’s unemployment rate lowest in 42 years during the three months ended January

Posted on March 16, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.13% against the USD and closed at 1.2288, after UK’s ILO unemployment rate surprisingly dropped to 4.7% in the November-January 2017 period, reaching its lowest level since 1975, … Continue reading →

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EUR/USD: Dutch exit polls show Liberal win

Posted on March 16, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.15% against the USD and closed at 1.0730, after Dutch election exit polls suggested that the country’s Prime Minister, Mark Rutte’s Liberals were on course for a resounding … Continue reading →

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