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

Posted on February 6, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 112.92 on Friday. In the Asian session, at GMT0400, the pair is trading at 112.37, with the USD trading 0.49% lower … Continue reading →

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GBP/USD: UK’s services sector growth cooled to a 3-month low in January

Posted on February 6, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.36% against the USD and closed at 1.2481 on Friday, after data revealed that growth in Britain’s services sector slowed to a three-month low level in January. Data … Continue reading →

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EUR/USD: Euro-zone’s services sector growth revised higher in January

Posted on February 6, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0766 on Friday. In economic news, the Euro-zone’s final Markit services PMI was surprisingly revised upwards to a level of 53.7 … Continue reading →

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AUD/USD: Australia’s services sector slowed in January

Posted on February 3, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.02% against the USD and closed at 0.7655. LME Copper prices declined 0.5% or $28.0/MT to $5903.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1813.0/MT. On the economic … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s Ivey PMI

Posted on February 3, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3023. In the Asian session, at GMT0400, the pair is trading at 1.3032, with the USD trading 0.07% higher against the … Continue reading →

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USD/CHF: Swiss real retail sales declined in December

Posted on February 3, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9923. In economic news, Switzerland’s real retail sales eased 3.5% on an annual basis in December, surpassing market expectations for a … Continue reading →

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USD/JPY: Japan continues moderate economic recovery: BoJ minutes

Posted on February 3, 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 112.86. In the Asian session, at GMT0400, the pair is trading at 113.08, with the USD trading 0.19% higher against the … Continue reading →

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GBP/USD: BoE stays pat on interest rates, sharply upgrades economic growth forecast

Posted on February 3, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.04% against the USD and closed at 1.2526, after the Bank of England (BoE), in its latest monetary policy meeting, played down the possibility of interest rate hike … Continue reading →

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EUR/USD: No signs of a ‘convincing upward trend’ in inflation yet in the Euro-zone: ECB economic bulletin

Posted on February 3, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.0761. Yesterday, the European Central Bank (ECB), in its economic bulletin report, stated that headline inflation has increased recently, largely attributed … Continue reading →

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AUD/USD: Australia’s trade surplus expands in December

Posted on February 2, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7578. LME Copper prices rose 0.17% or $10.0 /MT to $5931.0 /MT. Aluminium prices declined 0.14% or $2.5 /MT to $1818.0 … Continue reading →

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USD/CAD: Canada’s RBC PMI accelerates in January

Posted on February 2, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.3042. On the data front, Canada’s RBC purchasing managers’ index (PMI) notched a 2-year high level of 53.5 in January, backed … Continue reading →

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