USD/CHF: Swiss Franc trading on a strong footing this morning

Posted on March 6, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 1.0091 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0081, with the USD trading 0.1% lower … Continue reading →

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USD/JPY: Japanese Yen trading higher in the morning session

Posted on March 6, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the JPY and closed at 114.11 on Friday. In the Asian session, at GMT0400, the pair is trading at 113.83, with the USD trading 0.25% lower … Continue reading →

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GBP/USD: UK’s services sector growth slowest in 5-months in February

Posted on March 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.1% against the USD and closed at 1.2278 on Friday. Macroeconomic data showed that Britain’s Markit services PMI eased more-than-expected to a level of 53.3 in February, hitting … Continue reading →

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EUR/USD: Euro-zone’s retail sales declined for the third straight month in January

Posted on March 6, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.0596 on Friday. In economic news, the Euro-zone’s final Markit services PMI was revised slightly lower to a level of 55.5 … Continue reading →

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AUD/USD: Australia’s services sector contracted in February

Posted on March 3, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.43% against the USD and closed at 0.7570, after data indicated that Australia’s service sector activity contracted in February, thus casting doubt over the health of the nation’s … Continue reading →

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USD/CAD: Canada’s GDP expanded as expected in December

Posted on March 3, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD and closed at 1.3392. On the data front, Canada’s gross domestic product (GDP) climbed 0.3% MoM in December, meeting market anticipations and after recording … Continue reading →

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USD/CHF: Swiss economic growth slowed in the fourth quarter of 2016

Posted on March 3, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 1.0130. The Swiss Franc declined, after Switzerland’s seasonally adjusted gross domestic product (GDP) rose less-than-expected by 0.1% on a quarterly basis … Continue reading →

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USD/JPY: Japan’s consumer prices advanced in January, while jobless rate dropped in the same month

Posted on March 3, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the JPY and closed at 114.38. In the Asian session, at GMT0400, the pair is trading at 114.11, with the USD trading 0.24% lower against the … Continue reading →

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GBP/USD: UK’s construction sector activity picks up pace in February

Posted on March 3, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.2266. In economic news, Britain’s Markit construction PMI unexpectedly rose to a level of 52.5 in February, compared to market expectations … Continue reading →

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EUR/USD: Euro-zone’s annual inflation jumps past ECB’s target

Posted on March 3, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.0506. Macroeconomic data indicated that the Euro-zone’s flash consumer price index (CPI) surged to a 4-year high level in February, after … Continue reading →

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AUD/USD: Australia’s trade surplus sharply narrowed in January

Posted on March 2, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7680. LME Copper prices rose 1.8% or $104.0/MT to $6040.0/MT. Aluminium prices rose 2.1% or $39.0/MT to $1934.0/MT. In the Asian … Continue reading →

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