AUD/USD: Australia construction sector expanded in September

Posted on October 7, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.758. LME Copper prices declined 0.74% or $35.5/MT to $4742.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1667.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada building permits surged in August

Posted on October 7, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3219. On the data front, Canada’s building permits jumped by 10.4% on a monthly basis in August, rising at the fastest … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss annual CPI surprisingly dropped in September

Posted on October 7, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CHF and closed at 0.9807. The Swiss Franc lost ground, after Switzerland’s consumer price index (CPI) unexpectedly fell by 0.2% on an annual basis in … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a stronger footing in the morning session

Posted on October 7, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the JPY and closed at 103.93. In the Asian session, at GMT0300, the pair is trading at 103.77, with the USD trading 0.15% lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading lower, ahead of key economic releases in the UK

Posted on October 7, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.07% against the USD and closed at 1.2613. In the Asian session, at GMT0300, the pair is trading at 1.2433, with the GBP trading 1.43% lower against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Monetary stimulus will continue until March 2017 as Euro-zone growth remains sluggish: ECB minutes

Posted on October 7, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.5% against the USD and closed at 1.1145, after minutes of the European Central Bank’s (ECB) recent monetary policy meeting indicated that financing conditions in the Euro-zone would … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s trade deficit narrowed more than expected in August

Posted on October 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7609. LME Copper prices declined 0.27% or $13.0/MT to $4775.5/MT. Aluminium prices declined 0.48% or $8.0/MT to $1662.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s trade deficit contracted to its lowest level in eight months in August

Posted on October 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3186. In economic news, Canada’s international merchandise trade deficit narrowed to C$1.94 billion in August, hitting its lowest level in eight … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s inflation data

Posted on October 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CHF and closed at 0.9736. In the Asian session, at GMT0300, the pair is trading at 0.9744, with the USD trading 0.08% higher against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading a tad higher this morning

Posted on October 6, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the JPY and closed at 103.47. In the Asian session, at GMT0300, the pair is trading at 103.43, with the USD trading slightly lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s services PMI dropped in September

Posted on October 6, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.2750. Macroeconomic data indicated that, UK’s Markit services PMI fell less-than-anticipated to a level of 52.6 in September, compared to market … Continue reading →

Posted in GBP/USD | Comments Off