USD/JPY: Bank of Japan holds monetary policy steady

Posted on June 16, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 105.85. In economic news, Japan’s final machine tool orders fell 24.7% YoY in May, following a 26.3% drop in the previous … Continue reading →

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GBP/USD: Pound trading lower, ahead of the BoE’s monetary policy decision

Posted on June 16, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.4196, after UK’s ILO unemployment rate surprisingly fell to 5.0% during the three months to April 2016, touching its lowest level … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of the Euro zone’s consumer price index data

Posted on June 16, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.47% against the USD and closed at 1.1260, after the Euro-zone’s seasonally adjusted trade surplus widened to a record high level of €28.0 billion in April, as growth … Continue reading →

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AUD/USD: Australia’s consumer confidence slightly dipped in June

Posted on June 15, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.43% against the USD to close at 0.7348. LME Copper prices declined 0.10% or $4.5 /MT to $4510.5 /MT. Aluminium prices rose 1.49% or $23.5 /MT to $1605.0 … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s existing home sales data

Posted on June 15, 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 1.2866. In economic news, Canada’s Teranet/National Bank house price index rose 1.8% MoM in May, following a 1.2% gain in the … Continue reading →

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

Posted on June 15, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9630. In economic news, Switzerland’s producer and import price index advanced more-than-expected by 0.4% MoM in May, following a 0.3% rise … Continue reading →

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

Posted on June 15, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 106.02. In the Asian session, at GMT0300, the pair is trading at 106.24, with the USD trading 0.21% higher against the … Continue reading →

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GBP/USD: UK inflation rate missed expectations in May

Posted on June 15, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.61% against the USD and closed at 1.4109, after UK’s consumer price index (CPI) advanced less-than-expected by 0.2% MoM in May, following a 0.1% rise in the previous … Continue reading →

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EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s trade balance data

Posted on June 15, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.72% against the USD and closed at 1.1207. In economic news, the Euro-zone’s seasonally adjusted industrial production rebounded above expectations by 1.1% MoM in April, a reassuring sign … Continue reading →

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AUD/USD: Australia’s business conditions remain resilient, but confidence deteriorates

Posted on June 14, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.11% against the USD to close at 0.7380. LME Copper prices rose 0.24% or $11.0 /MT to $4515.0 /MT. Aluminium prices declined 0.16% or $2.5 /MT to $1581.5 … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on June 14, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2819. In the Asian session, at GMT0300, the pair is trading at 1.2824, with the USD trading marginally higher against the … Continue reading →

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