GBP/USD: Britain’s economic growth picked up in the fourth quarter of 2016

Posted on February 23, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.16% against the USD and closed at 1.2456, after Britain’s gross domestic product (GDP) data indicated that UK’s annual growth rate was revised down in the final three-months … Continue reading →

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EUR/USD: Euro-zone’s annual inflation confirmed at 1.8% for January

Posted on February 23, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.0554, after the Euro-zone’s final consumer price index (CPI) rose 1.8% on an annual basis in January, confirming the preliminary print, … Continue reading →

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AUD/USD: Australia’s Westpac leading index rose in January

Posted on February 22, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.18% against the USD and closed at 0.767. LME Copper prices rose 0.5% or $32.0/MT to $6034.0/MT. Aluminium prices traded flat to trade at $1878.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing this morning

Posted on February 22, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the CAD and closed at 1.3146. In the Asian session, at GMT0400, the pair is trading at 1.3124, with the USD trading 0.17% lower against the … Continue reading →

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USD/CHF: Switzerland’s trade surplus increased in January

Posted on February 22, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CHF and closed at 1.0098. Macroeconomic data revealed that Switzerland’s trade surplus widened to a level of CHF4.73 billion in January, amid a sharp drop … Continue reading →

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

Posted on February 22, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the JPY and closed at 113.70. In the Asian session, at GMT0400, the pair is trading at 113.44, with the USD trading 0.23% lower against the … Continue reading →

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GBP/USD: UK’s public sector net borrowing posted a surplus for the first time since July 2016

Posted on February 22, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2476, after data indicated that Britain’s public sector net borrowing posted a surplus of £9.8 billion in January, recording its first … Continue reading →

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EUR/USD: Euro-zone’s manufacturing and services sector growth accelerated in February

Posted on February 22, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.74% against the USD and closed at 1.0535. On the economic front, the Euro-zone’s preliminary Markit manufacturing PMI unexpectedly climbed to a level of 55.5 in February, expanding … Continue reading →

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AUD/USD: Australia’s economic slowdown in Q3 2016 likely temporary: RBA Minutes

Posted on February 21, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.7684. LME Copper prices rose 1.1% or $63.0/MT to $6002.0/MT. Aluminium prices rose 0.7% or $12.5/MT to $1878.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on February 21, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3107. Macroeconomic data revealed that Canada’s wholesale sales advanced 0.7% on a monthly basis in December, higher than market expectations for … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s trade balance data

Posted on February 21, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 1.0024. In economic news, Switzerland’s total sight deposits rose to a level of CHF543.5 billion in the week ended 17 February, … Continue reading →

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