EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s final consumer confidence index data

Posted on February 27, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0562 on Friday. In economic news, French consumer confidence index remained steady at a level of 100.0 in February, in line … Continue reading →

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AUD/USD: RBA’s Lowe sees ‘period of stability’ in interest rates amid record debt

Posted on February 24, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.23% against the USD and closed at 0.7715. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe, indicated that he expects “a period of stability” in the … Continue reading →

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USD/CAD: Loonie trading a tad higher, ahead of Canada’s consumer price inflation data

Posted on February 24, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.3101. In the Asian session, at GMT0400, the pair is trading at 1.3096, with the USD trading slightly lower against the … Continue reading →

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USD/CHF: Swiss industrial production declined in the fourth quarter of 2016

Posted on February 24, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 1.0063. On the economic front, Switzerland’s industrial production slid 1.2% YoY in 4Q 2016, following a revised gain of 0.2% in … Continue reading →

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

Posted on February 24, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.5% against the JPY and closed at 112.73. In the Asian session, at GMT0400, the pair is trading at 112.71, with the USD trading a tad lower against … Continue reading →

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GBP/USD: Pound trading a tad lower in the Asian session

Posted on February 24, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.75% against the USD and closed at 1.2550. In the Asian session, at GMT0400, the pair is trading at 1.2548, with the GBP trading marginally lower against the … Continue reading →

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EUR/USD: German economy picked up speed in the final quarter of 2016

Posted on February 24, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.0575, after Germany’s seasonally adjusted final gross domestic product (GDP) grew 0.4% QoQ in 4Q 2016, driven by robust government spending, … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on February 23, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.7697. LME Copper prices declined 1.0% or $58.0/MT to $5976.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1873.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian retail sales posted its worst performance in 9-months in December

Posted on February 23, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3161. The Canadian Dollar lost ground, after Canada’s retail sales unexpectedly eased 0.5% on a monthly basis in December, dropping to … Continue reading →

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USD/CHF: Switzerland’s ZEW economic expectations index advanced to its highest level since June 2016 in February

Posted on February 23, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 1.0102. In economic news, data indicated that Switzerland’s ZEW economic expectations index registered a rise to a level of 19.4 in … Continue reading →

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USD/JPY: Japan’s leading economic and coincident indices revised down in December

Posted on February 23, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 113.3. In the Asian session, at GMT0400, the pair is trading at 113.24, with the USD trading slightly lower against the … Continue reading →

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