EUR/USD: Euro trading higher, ahead of the Euro-zone’s final Q2 GDP data

Posted on September 6, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.1143, after the final reading of the Euro-zone’s Markit services PMI unexpectedly dropped to a level of 52.8 in August, compared … Continue reading →

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AUD/USD: Australia’s services sector activity deteriorates in August

Posted on September 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.20% against the USD on Friday to close at 0.7567. LME Copper prices declined 0.28% or $13.0/MT to $4607.0/MT. Aluminium prices rose 0.32% or $5.0/MT to $1592.0/MT. In … Continue reading →

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USD/CAD: Canada’s trade deficit narrowed in July as exports climbed during the month

Posted on September 5, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD on Friday to close at 1.2985. The Canadian Dollar gained ground after Canada’s international merchandise trade deficit narrowed to C$2.5 billion in July, as … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the morning session

Posted on September 5, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF on Friday and closed at 0.9798. In the Asian session, at GMT0300, the pair is trading at 0.9791, with the USD trading 0.07% lower … Continue reading →

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USD/JPY: Japan’s services sector contracts in August

Posted on September 5, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.80% against the JPY on Friday and closed at 104.01. In economic news, Japan’s consumer confidence index rose above expectations to a level of 42.0 in August, notching … Continue reading →

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GBP/USD: British PM warns of ‘difficult times ahead’ for UK economy

Posted on September 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3294 on Friday, after UK’s construction PMI advanced more-than-expected to a 3-month high level of 49.2 in August, after registering a … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the Markit services PMI data across the Euro zone

Posted on September 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD on Friday and closed at 1.1157. In economic news, the Euro zone’s producer price index (PPI) rose 0.1% MoM in July and met market … Continue reading →

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AUD/USD: Aussie trading a tad higher in the Asian session

Posted on September 2, 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 0.7552. LME Copper prices rose 0.38% or $17.5/MT to $4620.0/MT. Aluminium prices declined 0.87% or $14.0/MT to $1587.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian manufacturing activity cools to a six-month low level in August

Posted on September 2, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3098. On the economic front, Canada’s RBC manufacturing PMI declined to a level of 51.1 in August, hitting its lowest level … Continue reading →

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

Posted on September 2, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9799. Macroeconomic data indicated that Switzerland’s real retail sales fell by 2.2% on an annual basis in July, after recording a … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on September 2, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the JPY and closed at 103.18. In the Asian session, at GMT0300, the pair is trading at 103.30, with the USD trading 0.12% higher against the … Continue reading →

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