USD/CHF: Swiss SVME PMI declined in January

Posted on February 2, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9930. In economic news, Switzerland’s SVME – purchasing managers’ index (PMI) dropped more than expected to a level of 54.6 in … Continue reading →

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USD/JPY: Japan’s monetary base rose in January

Posted on February 2, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 113.2600. In the Asian session, at GMT0400, the pair is trading at 112.7, with the USD trading 0.49% lower against the … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of the BoE’s interest rate decision

Posted on February 2, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.61% against the USD and closed at 1.2657. In economic news, the UK’s Markit manufacturing PMI edged down to a level of 55.9 in January, from a reading … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ECB Chief’s speech

Posted on February 2, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.0764. On the economic data front, final reading of the Eurozone’s Markit manufacturing PMI rose above expectations to a 69-month high … Continue reading →

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AUD/USD: Australia’s manufacturing activity slowed in January

Posted on February 1, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.28% against the USD and closed at 0.7579. In economic news, Australia’s AiG performance of manufacturing index eased to a level of 51.2 in January, compared to a … Continue reading →

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USD/CAD: Canadian economy rebounded in November

Posted on February 1, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.3041. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) expanded more-than-expected by 0.4% on a monthly basis in … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on February 1, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CHF and closed at 0.9891. In the Asian session, at GMT0400, the pair is trading at 0.9900, with the USD trading 0.09% higher against the … Continue reading →

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USD/JPY: Japanese manufacturing sector expanded at its fastest pace in almost 3-years in January

Posted on February 1, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.94% against the JPY and closed at 112.66. In the Asian session, at GMT0400, the pair is trading at 113.13, with the USD trading 0.42% higher against the … Continue reading →

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GBP/USD: UK’s mortgage approvals surged to a 9-month high level in December

Posted on February 1, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.7% against the USD and closed at 1.2580, after the UK’s number of mortgage approvals for house purchases rose to a level of 67.9K in December, notching its … Continue reading →

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EUR/USD: Euro-zone’s inflation spikes in January, unemployment rate plunges in December

Posted on February 1, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.9% against the USD and closed at 1.0795, after the Euro-zone’s flash consumer price index (CPI) jumped more-than-expected by 1.8% on an annual basis in January, surging to … Continue reading →

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AUD/USD: Australia’s NAB business confidence edged up in December

Posted on January 31, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.09% against the USD and closed at 0.7558. LME Copper prices rose 0.2% or $10.0/MT to $5857.0/MT. Aluminium prices declined 1.1% or $20.5/MT to $1807.0/MT. In the Asian … Continue reading →

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