USD/CAD: Canadian building permits bounce back in July

Posted on September 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2922. In economic news, Canada’s building permits rebounded 0.8% MoM in July, after dropping for two consecutive months. Building permits had … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s unemployment rate data

Posted on September 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9717. In the Asian session, at GMT0300, the pair is trading at 0.9709, with the USD trading 0.08% lower against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen is trading higher this morning

Posted on September 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.68% against the JPY and closed at 102.37. In economic news, Japan’s Eco Watchers index for current situation rose above expectations to a level of 45.6 in August, … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a stronger footing in the morning session

Posted on September 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.30% against the USD and closed at 1.3298. In the Asian session, at GMT0300, the pair is trading at 1.3319, with the GBP trading 0.16% higher against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher, ahead of Germany’s trade balance data

Posted on September 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.1263, after the European Central Bank (ECB) left interest rate unchanged and stopped short of a formal commitment to further expand … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s trade deficit narrowed in July

Posted on September 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.07% against the USD to close at 0.7671. LME Copper prices rose 0.43% or $20.0/MT to $4643.0/MT. Aluminium prices rose 0.57% or $9.0/MT to $1582.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: BoC kept key interest rate unchanged at 0.50%

Posted on September 8, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.2876. The Canadian Dollar lost ground after the Bank of Canada (BoC) expressed concerns about Canada’s economic growth while announcing its … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher this morning

Posted on September 8, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 0.9691. In economic news, Switzerland’s foreign currency reserves rose more-than-expected to a level of CHF626.6 billion in August, compared to a … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s GDP growth slightly revised upwards in 2Q 2016

Posted on September 8, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 101.68. In economic news, Japan’s preliminary leading index surprisingly advanced to a level of 100.0 in July, from a reading of … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s manufacturing production dropped in July

Posted on September 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.65% against the USD and closed at 1.3338, after UK’s manufacturing production declined more-than-expected by 0.9% MoM in July, in the aftermath of the shock Brexit vote, recording … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher, ahead of the ECB’s interest rate decision

Posted on September 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1239, after Germany’s seasonally adjusted industrial production surprisingly fell 1.5% MoM in July, following a revised 1.1% gain in the previous … Continue reading →

Posted in EUR/USD | Comments Off