GBP/USD: Pound trading lower, ahead of UK’s Supreme Court Brexit ruling

Posted on January 24, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.95% against the USD and closed at 1.2538, on expectations that Britain’s Supreme Court would rule that the government needs parliamentary approval to trigger formal Brexit talks. In … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence surged to a nearly two year high level in January

Posted on January 24, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.0772, after the Euro-zone’s preliminary consumer confidence index improved to a level of -4.9 in January, notching its strongest level since … Continue reading →

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

Posted on January 23, 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 on Friday. LME Copper prices declined 0.1% or $4.0/MT to $5706.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1839.0/MT. In … Continue reading →

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USD/CAD: Canadian annual inflation inched higher in December

Posted on January 23, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3311 on Friday. Macroeconomic data revealed that Canada’s consumer price index (CPI) unexpectedly fell 0.2% on a monthly basis in December, … Continue reading →

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

Posted on January 23, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CHF and closed at 1.0015 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9985, with the USD trading 0.3% lower … Continue reading →

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USD/JPY: Japan’s all industry activity index advanced in November

Posted on January 23, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the JPY and closed at 114.29 on Friday. In the Asian session, at GMT0400, the pair is trading at 113.61, with the USD trading 0.59% lower … Continue reading →

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GBP/USD: Britain’s retail sales plunged the most since April 2012 in December

Posted on January 23, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2377 on Friday. On the data front, UK’s retail sales dropped 1.9% on a monthly basis in December, declining by the … Continue reading →

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EUR/USD: Euro trading higher, ahead of a speech by the ECB President

Posted on January 23, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.0704 on Friday. In economic news, Germany’s producer price index rose 1.0% on a monthly basis in December, in line with … Continue reading →

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AUD/USD: Australia HIA new home sales rebound strongly in November

Posted on January 20, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.7551. LME Copper prices declined 0.2% or $11.0/MT to $5710.0/MT. Aluminium prices rose 1.8% or $31.5/MT to $1832.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of Canadian inflation data

Posted on January 20, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD and closed at 1.3322. In economic news, Canada manufacturing shipments rebounded 1.5% MoM in November, compared to a revised fall of 0.6% in the … Continue reading →

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USD/CHF: Swiss Franc extended its gains in the Asian session

Posted on January 20, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 1.0056. On the data front, Switzerland’s producer and import price index rose 0.2% on a monthly basis in December, at par … Continue reading →

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