USD/JPY: Japanese manufacturing activity slows in November

Posted on December 1, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.67% against the JPY and closed at 114.37. In the Asian session, at GMT0400, the pair is trading at 114.23, with the USD trading 0.12% lower against the … Continue reading →

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GBP/USD: BoE warns of elevated risks for UK’s financial stability

Posted on December 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2511. Yesterday, the Bank of England, in its financial stability report, stated that outlook for UK’s financial stability “remains challenging” following … Continue reading →

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EUR/USD: Euro-zone’s annual inflation hits highest level since April 2014 in November

Posted on December 1, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.0602. In economic news, data indicated that the Euro-zone’s flash consumer price index (CPI) climbed to its highest level since April … Continue reading →

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AUD/USD: Australia’s building approvals plummeted in October

Posted on November 30, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0% against the USD and closed at 0.7487. LME Copper prices declined 2.65% or $157.5/MT to $5778.0/MT. Aluminium prices declined 2.52% or $44.5/MT to $1722.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s current account deficit narrowed in third quarter

Posted on November 30, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3429. On the data front, Canada’s current account deficit narrowed less-than-expected to a level of C$18.3 billion in 3Q 2016, following … Continue reading →

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

Posted on November 30, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 1.0114. In the Asian session, at GMT0400, the pair is trading at 1.0127, with the USD trading 0.13% higher against the … Continue reading →

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USD/JPY: Japan’s industrial production rose for a third consecutive month in October

Posted on November 30, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the JPY and closed at 112.49. In the Asian session, at GMT0400, the pair is trading at 112.60, with the USD trading 0.1% higher against the … Continue reading →

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GBP/USD: UK consumer credit growth hits 11-year high in October

Posted on November 30, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.58% against the USD and closed at 1.2488, after UK’s net consumer credit surged to an eleven year high of £1.62 billion in October, offering further evidence that … Continue reading →

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EUR/USD: German consumer price inflation steady at 2-year high in November

Posted on November 30, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.0647, after Germany’s consumer price inflation remained steady at a two-year high level of 0.8% YoY in November, meeting market expectations, … Continue reading →

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AUD/USD: Australian economic growth could slip below 3.0% until 2018: OECD

Posted on November 29, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.7487. Yesterday, the OECD predicted Australian economic growth to slip below 3.0% by the end of 2016 and remain below it … Continue reading →

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USD/CAD: Service sector key for Canadian economy: BoC Govenor

Posted on November 29, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3406. Meanwhile, the Organization for Economic Co-operation and Development (OECD) is sticking by its prediction that Canada’s economy growth will expand … Continue reading →

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