EUR/USD: German service sector expanded at slowest pace in more than three years in September

Posted on October 6, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1201, after the Euro-zone’s final Markit services PMI eased to a level of 52.2 in September, compared to a level of … Continue reading →

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AUD/USD: Australia’s retail sales hit 7-month high level in August

Posted on October 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.94% against the USD and closed at 0.7614. LME Copper prices declined 0.34% or $16.5/MT to $4777.5/MT. Aluminium prices rose 1.24% or $20.5/MT to $1670.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on October 5, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD and closed at 1.3184. Yesterday, the IMF lowered Canada’s growth forecast for this year and next to 1.2% and 1.9% respectively, from 1.4% and … Continue reading →

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

Posted on October 5, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CHF and closed at 0.9791. In the Asian session, at GMT0300, the pair is trading at 0.9779, with the USD trading 0.12% lower against the … Continue reading →

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USD/JPY: IMF boosts Japanese growth forecast

Posted on October 5, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.15% against the JPY and closed at 102.83. Yesterday, the IMF revised its outlook for Japan’s economy for 2016 and 2017, pointing to huge government stimulus spending, but … Continue reading →

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GBP/USD: UK’s construction PMI unexpectedly expanded in September

Posted on October 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.91% against the USD and closed at 1.2730. On the data front, UK’s construction PMI unexpectedly climbed to a level of 52.3 in September, expanding for the first … Continue reading →

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EUR/USD: IMF raised Euro-zone’s growth forecast despite Brexit

Posted on October 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1205. Yesterday, the International Monetary Fund (IMF), in its latest report on the global economic outlook, revised Euro-zone’s growth forecast for … Continue reading →

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AUD/USD: RBA leaves key interest rate unchanged at 1.50%

Posted on October 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7686. LME Copper prices declined 0.52% or $25.0/MT to $4807.0/MT. Aluminium prices declined 0.51% or $8.5/MT to $1650.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s RBC manufacturing PMI at seven-month low level in September

Posted on October 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.01% against the CAD and closed at 1.3114. On the data front, Canada’s RBC manufacturing PMI eased to a level of 50.3 in September, hitting its lowest level … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on October 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9731. On the economic front, Switzerland’s real retail sales eased by 3.0% on an annual basis, in August, compared to a … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on October 4, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the JPY and closed at 101.66. In the Asian session, at GMT0300, the pair is trading at 102.22, with the USD trading 0.55% higher against the … Continue reading →

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