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

Posted on February 13, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.7% against the USD and closed at 0.7675 on Friday. LME Copper prices rose 0.2% or $9.0/MT to $5872.0/MT. Aluminium prices rose 0.5% or $10.0/MT to $1849.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate surprisingly declined in January

Posted on February 13, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.3088 on Friday. The Canadian Dollar gained ground, after Canada’s unemployment rate unexpectedly dropped to 6.8% in January, as the economy … Continue reading →

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

Posted on February 13, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 1.0030 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0040, with the USD trading 0.1% higher … Continue reading →

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USD/JPY: Japanese economy grew at a slower pace in the fourth quarter

Posted on February 13, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 113.39 on Friday. In the Asian session, at GMT0400, the pair is trading at 113.89, with the USD trading 0.44% higher … Continue reading →

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GBP/USD: UK’s industrial and manufacturing output, both jumped in December

Posted on February 13, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.2483 on Friday. Data showed that UK’s industrial production climbed 1.1% MoM in December, surpassing market consensus for a rise of … Continue reading →

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EUR/USD: Euro trading lower in the morning session

Posted on February 13, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.0632 on Friday. Macroeconomic data indicated that the US flash Reuters/Michigan consumer sentiment index dropped more-than-anticipated to a level of 95.7 … Continue reading →

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AUD/USD: RBA downgrades near-term economic growth forecast

Posted on February 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.7622. Yesterday, the Reserve Bank of Australia (RBA) Governor, Philip Lowe, remained upbeat on the nation’s economy and stated that he … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s unemployment rate data

Posted on February 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3135. On the economic front, Canada’s new housing price index climbed 0.1% MoM in December, while market participants expected the index … Continue reading →

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USD/CHF: Swiss unemployment rate remained steady in January

Posted on February 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.7% against the CHF and closed at 1.0013. In economic news, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.3% in January, meeting market expectations. In the Asian … Continue reading →

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USD/JPY: Japan’s tertiary industry index declined in December

Posted on February 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.3% against the JPY and closed at 113.27. On the data front, Japan’s flash machine tool orders rose 3.5% YoY in January. In the previous month, machine tool … Continue reading →

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GBP/USD: Pound trading higher, ahead of crucial economic releases in the UK

Posted on February 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2494. In the Asian session, at GMT0400, the pair is trading at 1.2505, with the GBP trading 0.09% higher against the … Continue reading →

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