GBP/USD: UK’s construction PMI growth hits eight-month high in November

Posted on December 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.91% against the USD and closed at 1.2705 on Friday, after UK’s construction PMI unexpectedly advanced more-than-anticipated to a level of 52.8 in November, expanding at the fastest … Continue reading →

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EUR/USD: Euro-zone’s PPI highest in more than 4 years in October

Posted on December 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0658 on Friday. On the data front, the Euro-zone’s producer price index (PPI) advanced more-than-expected by 0.8% on a monthly basis … Continue reading →

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AUD/USD: Australia’s retail sales jumped for third straight month in October

Posted on December 2, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.41% against the USD and closed at 0.7415. LME Copper prices rose 0.57% or $33.0/MT to $5773.0/MT. Aluminium prices rose 0.09% or $1.5/MT to $1724.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s unemployment rate data

Posted on December 2, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.82% against the CAD and closed at 1.3315. On the economic front, Canada’s RBC manufacturing PMI advanced to a level of 51.5 in November, after recording a level … Continue reading →

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USD/CHF: Swiss manufacturing activity hits highest level since February 2014

Posted on December 2, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 1.0102. The Swiss Franc gained ground, after Switzerland’s SVME-purchasing mangers’ index unexpectedly advanced to a level of 56.6 in November, rising … Continue reading →

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

Posted on December 2, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 114.16. In the Asian session, at GMT0400, the pair is trading at 113.91, with the USD trading 0.22% lower against the … Continue reading →

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GBP/USD: UK’s manufacturing sector growth cooled to a four month low in November

Posted on December 2, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.2591, after Brexit Minister, David Davis, stated that Britain could secure access to the European Union’s trade market by paying for … Continue reading →

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EUR/USD: Euro-zone’s unemployment rate declined to its lowest in more than 7 years in October

Posted on December 2, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.51% against the USD and closed at 1.0656, after the Euro-zone’s unemployment rate unexpectedly dropped to a more than seven-year low level of 9.8% in October, thus reflecting … Continue reading →

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AUD/USD: Australia’s manufacturing sector expanded to its highest level since July 2016 in November

Posted on December 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.36% against the USD and closed at 0.7385. LME Copper prices declined 0.66% or $38.0/MT to $5740.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1722.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian economy rebounded with fastest growth in two years in the third quarter

Posted on December 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD and closed at 1.3425. On the data front, Canada’s annualised gross domestic product (GDP) rebounded by 3.5% on a quarterly basis in the third … Continue reading →

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USD/CHF: Switzerland’s KOF leading indicator surprisingly declined in November

Posted on December 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 1.0162. The Swiss Franc lost ground, after Switzerland’s KOF leading indicator unexpectedly dropped to a level of 102.2 in November, defying … Continue reading →

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