AUD/USD: Australian economy grew at its fastest annual pace in four years in Q2

Posted on September 7, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.23% against the USD to close at 0.7676. LME Copper prices rose 0.43% or $20.0/MT to $4623.0/MT. Aluminium prices rose 0.32% or $5.0/MT to $1573.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of the BoC’s interest rate decision

Posted on September 7, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CAD to close at 1.2853. In the Asian session, at GMT0300, the pair is trading at 1.2842, with the USD trading 0.09% lower against the … Continue reading →

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USD/CHF: Swiss economic growth beats forecasts in 2Q 2016

Posted on September 7, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.95% against the CHF and closed at 0.9703. The Swiss Franc gained ground after data showed that Switzerland’s GDP advanced above expectations by 0.6% QoQ in 2Q 2016, … Continue reading →

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

Posted on September 7, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.28% against the JPY and closed at 102.10. In the Asian session, at GMT0300, the pair is trading at 101.44, with the USD trading 0.65% lower against the … Continue reading →

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

Posted on September 7, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.96% against the USD and closed at 1.3425, reaching a two-month high level. The USD came under pressure after the US services sector activity indicator dropped more than … Continue reading →

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EUR/USD: Euro trading slightly higher, ahead of German industrial production data

Posted on September 7, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.88% against the USD and closed at 1.1241. In economic news, final reading of the Euro zone’s seasonally adjusted GDP registered a rise of 0.3% QoQ in 2Q … Continue reading →

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AUD/USD: RBA keeps key interest rate unchanged at 1.5%, cites growth signs

Posted on September 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.18% against the USD to close at 0.7583. LME Copper prices declined 0.09% or $4.0/MT to $4603.0/MT. Aluminium prices declined 1.48% or $23.5/MT to $1568.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing in the morning session

Posted on September 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 1.2991. In the Asian session, at GMT0300, the pair is trading at 1.2922, with the USD trading 0.53% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher, ahead of Switzerland’s Q2 GDP data

Posted on September 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9796. In economic news, Switzerland’s total sight deposits inched up to a level of CHF515.8 billion in the week ended 02 … Continue reading →

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

Posted on September 6, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 103.42. In the Asian session, at GMT0300, the pair is trading at 103.47, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: UK services PMI surpassed expectations in August

Posted on September 6, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.3298, after UK’s Markit services PMI rebounded more-than-anticipated to a level of 52.9 in August, as the British economy seems to … Continue reading →

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