GBP/USD: UK’s annual retail sales accelerated at the fastest pace in more than 14 years in October

Posted on November 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.2417. Data indicated that, UK’s annualised retail sales increased at the fastest pace in more than fourteen years, after it jumped … Continue reading →

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EUR/USD: ECB primed for stimulus boost, if needed: ECB minutes

Posted on November 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.7% against the USD and closed at 1.0626. According to minutes of the European Central Bank’s (ECB) most recent meeting, policymakers were ready to boost their €1.7 trillion … Continue reading →

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AUD/USD: Australia’s unemployment rate steady at three year low level in October

Posted on November 17, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.82% against the USD and closed at 0.7492. LME Copper prices rose 0.20% or $11.0/MT to $5459.0/MT. Aluminium prices declined 0.46% or $8.0/MT to $1719.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the morning session

Posted on November 17, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD and closed at 1.3432. On the economic front, Canada’s manufacturing shipments advanced more-than-expected by 0.3% MoM in September, compared to a rise of 0.9% … Continue reading →

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USD/CHF: Swiss ZEW expectations index surged to a 5-month high level in November

Posted on November 17, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 1.0022. In economic news, data showed that Switzerland’s ZEW economic expectations index strengthened to a five-month high level of 8.9 in … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on November 17, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 108.83. In the Asian session, at GMT0400, the pair is trading at 108.94, with the USD trading 0.1% higher against the … Continue reading →

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GBP/USD: UK’s unemployment rate hit 11-year low level in the three months to September

Posted on November 17, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.2441. On the data front, UK’s ILO unemployment rate unexpectedly dropped to 4.8% in the three months through September, while markets … Continue reading →

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EUR/USD: Euro trading lower, ahead of Euro-zone’s inflation data

Posted on November 17, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.0701. The greenback gained ground against its peers, as investors continued to expected that the US Federal Reserve may raise interest … Continue reading →

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AUD/USD: RBA Governor optimistic about Aussie economy

Posted on November 16, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.12% against the USD and closed at 0.7554. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe, maintained a generally optimistic tone about the nation’s economic growth. … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on November 16, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CAD and closed at 1.3453. On the data front, Canada’s existing home sales rose by 2.4% MoM in October, after recording a gain of 0.8% … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of ZEW expectations survey data

Posted on November 16, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 1.0014. In the Asian session, at GMT0400, the pair is trading at 0.9989, with the USD trading 0.25% lower against the … Continue reading →

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