USD/CAD: Loonie trading flat in the morning session

Posted on November 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CAD and closed at 1.3407. In the Asian session, at GMT0400, the pair is trading at 1.3407, with the USD trading flat against the CAD … Continue reading →

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USD/CHF: Swiss franc trading higher in the Asian session

Posted on November 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9840. In the Asian session, at GMT0400, the pair is trading at 0.9828, with the USD trading 0.12% lower against the … Continue reading →

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USD/JPY: Timing of 2.0% CPI target remains a contentious issue, says the BoJ

Posted on November 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the JPY and closed at 105.64. In the Asian session, at GMT0400, the pair is trading at 105.18, with the USD trading 0.44% lower against the … Continue reading →

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GBP/USD: EU sharply reduced UK’s growth forecast for 2017

Posted on November 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2413. In economic news, UK’s total trade deficit expanded more-than-anticipated to a level of £5.2 billion in September, following a revised … Continue reading →

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EUR/USD: European Commission cuts Euro-zone’s growth forecasts for 2017, following heightened political uncertainties

Posted on November 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.86% against the USD and closed at 1.0918. Yesterday, the European Commission, in its first economic forecasts since the Brexit vote, raised the Euro-zone’s growth projection for this … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence declined in November

Posted on November 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.7738. LME Copper prices rose 0.24% or $12.0/MT to $5044.0/MT. Aluminium prices declined 0.58% or $10.0/MT to $1706.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian housing starts and building permits declined

Posted on November 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD and closed at 1.3286. Macroeconomic data indicated that, Canada’s seasonally adjusted housing starts dropped to a level of 192.9K in October, highlighting that the … Continue reading →

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USD/CHF: Switzerland’s unemployment rate remained steady at 3.3% in October

Posted on November 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.9786. In economic news, Switzerland’s seasonally adjusted unemployment rate remained steady at a level of 3.3% in October, meeting market expectations. … Continue reading →

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USD/JPY: Japan’s (BOP basis) trade surplus widened in September

Posted on November 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the JPY and closed at 105.11. In the Asian session, at GMT0400, the pair is trading at 101.84, with the USD trading 3.11% lower against the … Continue reading →

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GBP/USD: UK’s economic growth slowed in the third quarter: NIESR

Posted on November 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2368, after UK’s industrial production unexpectedly dropped by 0.4% MoM in September, compared to a similar fall in the prior month … Continue reading →

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EUR/USD: German industrial output logged biggest decline in 2 years in September

Posted on November 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1013, after Germany’s seasonally adjusted industrial production dropped more than expected by 1.8% MoM in September, suggesting Euro-zone’s biggest economy ended … Continue reading →

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