GBP/USD: IMF revives recession warning for the UK over Brexit

Posted on June 20, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.07% against the USD and closed at 1.4361. In the Asian session, at GMT0300, the pair is trading at 1.4588, with the GBP trading 1.58% higher against the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher, ahead of the Euro-zone’s construction output data

Posted on June 20, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1277. In economic news, the Euro-zone’s seasonally adjusted current account surplus widened to €36.2 billion in April, following a revised surplus … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on June 17, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.7365. LME Copper prices declined 2.32% or $107.5/MT to $4524.5/MT. Aluminium prices declined 1.30% or $21.0/MT to $1592.5MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher, ahead of Canada’s consumer price index data

Posted on June 17, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2952. In the Asian session, at GMT0300, the pair is trading at 1.2916, with the USD trading 0.28% lower against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: SNB keeps interest rate steady

Posted on June 17, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CHF and closed at 0.9653. Yesterday, the Swiss National Bank (SNB) held the benchmark interest rate steady at -0.75%, as widely expected. The SNB Chairman, … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen reverses its gains in the morning session

Posted on June 17, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.43% against the JPY and closed at 104.34. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, expressed confidence in the central bank’s monetary stimulus policy and indicated … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: BoE maintains status quo, ups ante on Brexit warning

Posted on June 17, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.4209, after the Bank of England (BoE) policymakers voted 9-0 to hold the interest rate at a record low 0.50% and … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher, ahead of the ECB Chief’s speech

Posted on June 17, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1230, as the Euro region remained in deflationary territory for the fourth consecutive month in May, as consumer prices fell 0.1% YoY. … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s unemployment rate remains unchanged at 5.7% in May

Posted on June 16, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.88% against the USD to close at 0.7413. LME Copper prices rose 2.69% or $121.5 /MT to $4632.0 /MT. Aluminium prices rose 0.53% or $8.5 /MT to $1613.5 … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on June 16, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.2904. In economic news, Canada’s existing home sales fell 2.8% MoM in May, following a 3.1% rise in the previous month. … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad higher, ahead of SNB’s interest rate decision

Posted on June 16, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9606. In the Asian session, at GMT0300, the pair is trading at 0.9604, with the USD trading marginally lower against the … Continue reading →

Posted in USD/CHF | Comments Off