GBP/USD: UK’s manufacturing PMI soared to a ten-month high level in August

Posted on September 2, 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 1.3269, after UK’s seasonally adjusted Markit manufacturing PMI advanced above expectations to a level of 53.3 in August, jumping back into … Continue reading →

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EUR/USD: Eurozone’s manufacturing sector activity fell to a three-month low level in August

Posted on September 2, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.1193. In economic news, the Euro-zone’s final Markit manufacturing PMI was revised down to a three-month low level of 51.7 in … Continue reading →

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AUD/USD: Australia’s manufacturing sector contracts for first time since June 2015

Posted on September 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.07% against the USD and closed at 0.7520. LME Copper prices declined 0.14% or $6.5/MT to $4602.5/MT. Aluminium prices declined 1.63% or $26.5/MT to $1601.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economy shrank in second quarter of 2016

Posted on September 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3106. The Canadian Dollar lost ground, after Canada’s annualized gross domestic product (GDP) dropped by 1.6% on a quarterly basis in … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s real retail sales data for August

Posted on September 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9836. On the data front, Switzerland’s UBS consumption indicator climbed to a level of 1.32 in July, following a revised reading … Continue reading →

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USD/JPY: Japan’s manufacturing PMI continued to remain in contraction territory in August

Posted on September 1, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the JPY and closed at 103.32. In economic news, Japan’s housing starts rebounded above expectations by 8.9% YoY in July, following a 2.5% drop in the … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of Britain’s Markit manufacturing PMI data

Posted on September 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.3143, after UK’s seasonally adjusted Nationwide house prices unexpectedly rose by 0.6% on a monthly basis in August, compared to market … Continue reading →

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EUR/USD: Euro-zone’s flash CPI came in below expectations in August

Posted on September 1, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1160. In economic news, the Euro-zone’s unemployment rate remained steady at a level of 10.1% in July, its lowest level since … Continue reading →

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AUD/USD: Aussie trading on a stronger footing, ahead of the AiG performance of manufacturing index data

Posted on August 31, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.77% against the USD and closed at 0.7515. LME Copper prices declined 0.28% or $13.0/MT to $4609.0/MT. Aluminium prices traded flat to trade at $1627.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s current account deficit widened in Q2 2016

Posted on August 31, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3089. Macroeconomic data indicated that, Canada’s current account deficit climbed less-than-anticipated to a level of C$19.9 billion in 2Q 2016, compared … Continue reading →

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USD/CHF: Swiss KOF leading indicator drops to an eight-month low level in August

Posted on August 31, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 0.9828. On the data front, Switzerland’s KOF leading indicator fell more-than-expected to a level of 99.8 in August, hitting an eight-month … Continue reading →

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