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

Posted on December 29, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD and closed at 1.3551. In the Asian session, at GMT0400, the pair is trading at 1.3537, with the USD trading 0.1% lower against the … Continue reading →

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USD/CHF: Swiss UBS consumption indicator surprisingly dropped in November

Posted on December 29, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 1.0276. In economic news, Switzerland’s UBS consumption indicator unexpectedly fell to a level of 1.43 in November, compared to a level … Continue reading →

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USD/JPY: Japanese economic growth on a “moderate recovery” path: BoJ summary of opinions

Posted on December 29, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the JPY and closed at 117.03. In the Asian session, at GMT0400, the pair is trading at 116.73, with the USD trading 0.26% lower against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals surprisingly declined in November

Posted on December 29, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.2219, after UK’s BBA mortgage approvals unexpectedly dropped to a level of 40.7K in November, suggesting that the nation’s housing market … Continue reading →

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EUR/USD: Italy’s consumer confidence surprisingly jumped to a five month high in December

Posted on December 29, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.0415. On the economic front, Italy’s consumer confidence index unexpectedly advanced to a level of 111.1 in December, notching its highest … Continue reading →

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

Posted on December 28, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.03% against the USD and closed at 0.7182. On Monday, in China, Australia’s largest trading partner, industrial profits rose 14.5% in November from a year ago, following a … Continue reading →

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USD/CAD: Canadian economic growth shrunk in October

Posted on December 28, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD and closed at 1.3577. On Friday, data showed that Canada’s gross domestic product (GDP) unexpectedly contracted 0.3% MoM in October, declining for the first … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher, ahead of Switzerland’s UBS consumption indicator

Posted on December 28, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 1.0272. On Friday, data revealed that Switzerland’s KOF leading indicator surprisingly remained steady at a level of 102.2 in December, confounding … Continue reading →

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USD/JPY: Japanese industrial production jumped in November

Posted on December 28, 2016 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.3% against the JPY and closed at 117.43. On Monday, minutes of the Bank of Japan’s (BoJ) recent monetary policy meeting indicated that policy makers maintained optimism over the rate … Continue reading →

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GBP/USD: UK’s economy performed better than initially estimated in the third quarter

Posted on December 28, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2270. On Friday, data revealed that UK’s final gross domestic product (GDP) was revised upwards to 0.6% on a quarterly basis … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on December 28, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0457. On Friday, Germany’s GfK consumer confidence index edged higher to a level of 9.9 for January, in line with market … Continue reading →

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