USD/CHF: Swiss Franc trading a tad higher, ahead of SECO consumer confidence data

Posted on August 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the CHF and closed at 0.9723. In the Asian session, at GMT0300, the pair is trading at 0.9718, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s service sector contracted sharply in July following Brexit vote

Posted on August 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.3328, after UK’s final Markit services PMI eased to a level of 47.4 in July, in line with market expectations, contracting … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on August 3, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.08% against the USD and closed at 0.7605. LME Copper prices declined 0.44% or $21.5/MT to $4885.5/MT. Aluminium prices declined 0.61% or $10.0/MT to $1635.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on August 3, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3103. Macroeconomic data indicated that, Canada’s RBC manufacturing PMI inched higher to a level of 51.9 in July, following a level … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on August 3, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9642. On the data front, Switzerland’s real retail sales eased by 3.9% on an annual basis in June, more than market … Continue reading →

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USD/JPY: BoJ’s June meeting minutes show the board’s dissent over stimulus

Posted on August 3, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.33% against the JPY and closed at 101.03. The minutes from the Bank of Japan’s (BoJ) latest monetary policy meeting showed that most policymakers voiced concerns about the … Continue reading →

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GBP/USD: UK construction shrinks at fastest pace in seven years after Brexit vote

Posted on August 3, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.18% against the USD and closed at 1.3340. Macroeconomic data indicated that the U.K.’s construction PMI dropped at the steepest pace in seven years to a level of … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Markit services PMI data across the Euro-zone

Posted on August 3, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1218. In economic news, Eurozone’s producer price index (PPI) rose at fastest pace in almost four years by 0.7% MoM in … Continue reading →

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EUR/USD: Eurozone’s manufacturing growth slowed in July, post Brexit vote

Posted on August 2, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1167, after data indicated that activity in the manufacturing sector expanded at a moderate pace across the Euro-zone. Data revealed that, … Continue reading →

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AUD/USD: RBA cuts benchmark interest rates to an all-time low of 1.5% in August

Posted on August 2, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.95% against the USD and closed at 0.7524. LME Copper prices rose 1.1% or $54.0/MT to $4907.0/MT. Aluminium prices rose 1.83% or $29.5/MT to $1645.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses, ahead of Canada’s RBC manufacturing PMI data

Posted on August 2, 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 1.3123. In the Asian session, at GMT0300, the pair is trading at 1.3128, with the USD trading marginally higher against the … Continue reading →

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