USD/CAD: BoC holds benchmark interest rate steady at 0.5%

Posted on March 2, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3327. Yesterday, the Bank of Canada (BoC) left key interest rate steady at 0.5% and reiterated previous warnings about the “significant … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s Q4 GDP data

Posted on March 2, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 1.0084. Macroeconomic data showed that Switzerland’s UBS consumption indicator climbed less than expected to a level of 1.43 in January, while … Continue reading →

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

Posted on March 2, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the JPY and closed at 113.74. On the macro front, Japan’s monetary base advanced 21.4% YoY in February, after recording a rise of 22.6% in the … Continue reading →

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GBP/USD: UK’s manufacturing growth slowed in February

Posted on March 2, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.65% against the USD and closed at 1.2295, after data revealed that the pace of manufacturing sector growth in UK unexpectedly slowed in February. Britain’s Markit manufacturing PMI … Continue reading →

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EUR/USD: Manufacturing sector growth across the Euro-zone accelerated to a nearly 6-year high level in February

Posted on March 2, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0549. On the economic data front, the Euro-zone’s final Markit manufacturing PMI advanced to a level of 55.4 in February, notching … Continue reading →

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AUD/USD: Australian economy rebounded in the final three months of 2016

Posted on March 1, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.3% against the USD and closed at 0.7651. In economic news, Australia’s AiG performance of manufacturing index advanced to a level of 59.3 in February, expanding at its … Continue reading →

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USD/CAD: Loonie trading marginally higher, ahead of BoC’s interest rate decision

Posted on March 1, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.93% against the CAD and closed at 1.3308. In the Asian session, at GMT0400, the pair is trading at 1.3304, with the USD trading slightly lower against the … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s UBS consumption indicator and SVME–PMI data

Posted on March 1, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 1.0059. In economic news, data revealed that Switzerland’s KOF leading indicator rose more-than-expected to a level of 107.2 in February, compared … Continue reading →

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USD/JPY: Japanese manufacturing activity surged in February

Posted on March 1, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the JPY and closed at 112.84. In the Asian session, at GMT0400, the pair is trading at 113.36, with the USD trading 0.46% higher against the … Continue reading →

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GBP/USD: Pound trading a tad lower, ahead of Britain’s manufacturing PMI data

Posted on March 1, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.51% against the USD and closed at 1.2375. In the Asian session, at GMT0400, the pair is trading at 1.2369, with the GBP trading marginally lower against the … Continue reading →

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EUR/USD: Euro trading on a weaker footing, ahead of manufacturing PMI readings across the Euro-zone

Posted on March 1, 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 1.0571. In the US, the second estimate of annualised gross domestic product showed that the US economy expanded less-than-expected by 1.9% … Continue reading →

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