GBP/USD: UK’s construction sector hit 7-month high level in October

Posted on November 3, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.5% against the USD and closed at 1.2301, after UK’s Markit construction PMI unexpectedly rose to a level of 52.6 in October, advancing for a second consecutive month … Continue reading →

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EUR/USD: German unemployment rate hit 25-year low in October

Posted on November 3, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1097, after Germany’s seasonally adjusted unemployment rate unexpectedly dropped to 6.0% in October, declining for a second straight month and hitting … Continue reading →

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AUD/USD: Australia’s building approvals plunged in September

Posted on November 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 0.7651. LME Copper prices rose 0.73% or $35.0/MT to $4862.0/MT. Aluminium prices rose 0.52% or $9.0/MT to $1732.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economy grew for third straight month in August

Posted on November 2, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3387. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) climbed by 0.2% on a monthly basis in August, … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session

Posted on November 2, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.41% against the CHF and closed at 0.9750. Macroeconomic data indicated that Switzerland’s real retail sales eased by 2.3% on an annual basis in September, more than market … Continue reading →

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USD/JPY: Japan’s consumer confidence dropped in October

Posted on November 2, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the JPY and closed at 103.99. In the Asian session, at GMT0400, the pair is trading at 103.78, with the USD trading 0.2% lower against the … Continue reading →

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GBP/USD: Pound trading a tad lower, ahead of UK’s Markit construction PMI

Posted on November 2, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.2240. Data indicated that UK’s manufacturing sector expanded at a slower-than-expected pace of 54.3 in October, compared to market expectations for … Continue reading →

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EUR/USD: Euro trading higher, ahead of Germany’s unemployment rate data

Posted on November 2, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.1056. In the US, data indicated that the ISM manufacturing activity index advanced for a second straight month to a level … Continue reading →

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AUD/USD: RBA maintains interest rates steady at 1.5%

Posted on November 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.11% against the USD and closed at 0.7611. LME Copper prices rose 0.85% or $40.5/MT to $4827.5/MT. Aluminium prices rose 1.26% or $21.5/MT to $1723.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP data

Posted on November 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined slightly against the CAD and closed at 1.3408. In the Asian session, at GMT0400, the pair is trading at 1.3413, with the USD trading a tad higher against … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower, ahead of Switzerland’s real retail sales data

Posted on November 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9889. In economic news, Switzerland’s total sight deposits remained unchanged at a level of CHF518.5 billion in the week ended 28 … Continue reading →

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