USD/CHF: Swiss Franc trading on a weaker footing in the morning session

Posted on September 13, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9714. In economic news, Switzerland’s total sight deposits remained steady at a level of CHF515.8 billion in the week ended 09 … Continue reading →

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USD/JPY: Japan’s large manufacturers turn optimistic in 3Q 2016

Posted on September 13, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.46% against the JPY and closed at 101.86. In economic news, Japan’s flash machine tool orders declined 8.4% YoY in August, after registering a 19.7% decline in the … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s CPI data

Posted on September 13, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.57% against the USD and closed at 1.3332. In economic news, UK’s CB leading economic index registered a flat reading in August, after recording a 0.3% decline in … Continue reading →

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EUR/USD: Euro trading a tad lower, ahead of the ECB Chief’s speech

Posted on September 13, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1236. The US Dollar lost ground after the Federal Reserve Governor, Lael Brainard, stated that the case for a tighter monetary … Continue reading →

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AUD/USD: Aussie reverses its gains in the Asian session

Posted on September 12, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.29% against the USD to close at 0.7546 on Friday. LME Copper prices rose 0.11% or $5.0/MT to $4622.5/MT. Aluminium prices rose 0.10% or $1.5/MT to $1567.5/MT. In … Continue reading →

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USD/CAD: Canadian hiring rebounds, but unemployment rate increases to 7.0% in August

Posted on September 12, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the CAD to close at 1.3030 on Friday. On the macroeconomic front, the net number of people employed in Canada rebounded more-than-expected by 26.2 K in … Continue reading →

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USD/CHF: Swiss jobless rate unexpectedly rose in August

Posted on September 12, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9751 on Friday. The Swiss Franc lost ground after data showed that Switzerland’s seasonally adjusted unemployment rate surprisingly rose to a … Continue reading →

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USD/JPY: Japan’s machinery orders unexpectedly advance in July

Posted on September 12, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.30% against the JPY and closed at 102.68 on Friday. In the Asian session, at GMT0300, the pair is trading at 102.57, with the USD trading 0.11% lower … Continue reading →

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GBP/USD: UK’s goods trade deficit shrinks in July

Posted on September 12, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.3270 on Friday. In economic news, UK’s goods trade deficit narrowed to a level of £11.8 billion in July, after reporting … Continue reading →

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EUR/USD: Euro trading higher this morning

Posted on September 12, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1224 on Friday, after data showed that German trade surplus narrowed to a level of €19.5 billion in July, following a … Continue reading →

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AUD/USD: Australian home loan approvals plunge in July

Posted on September 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.34% against the USD to close at 0.7645. LME Copper prices declined 0.55% or $25.5/MT to $4617.5/MT. Aluminium prices declined 1.04% or $16.5/MT to $1566.0/MT. In the Asian … Continue reading →

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