USD/CAD: Loonie trading lower, ahead of Canada’s unemployment rate data

Posted on June 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.2721. In economic news, Canada’s new housing price index advanced more-than-expected by 0.3% MoM in April, its fastest increase in six … Continue reading →

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USD/CHF: Swiss jobless rate remains steady in May

Posted on June 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 0.9638. In economic news, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.5% in May, in line with market expectations. In … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on June 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 107.02. In economic news, Japan’s preliminary machine tool orders dropped 25.0% YoY in May, following a 26.3% decline in the previous … Continue reading →

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GBP/USD: UK trade deficit narrowed in April as exports jumped

Posted on June 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.34% against the USD and closed at 1.4460. In economic news, UK’s total trade deficit narrowed to £3.3 billion in April, its smallest trade deficit in seven months, … Continue reading →

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EUR/USD: Euro trading lower, ahead of Germany’s CPI data

Posted on June 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1310. In economic news, Germany’s seasonally adjusted trade surplus unexpectedly rose to a record high level of €24.0 billion in April, … Continue reading →

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

Posted on June 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.50% against the USD to close at 0.7486. LME Copper prices rose 0.03% or $1.5/MT to $4590.5/MT. Aluminium prices rose 3.57% or $55.0/MT to $1596.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of BoC’s review report

Posted on June 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.2691. In economic news, Canada’s housing starts dropped to a level of 188.6K in May, compared to a revised reading of … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher, ahead of Switzerland’s unemployment rate data

Posted on June 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CHF and closed at 0.9581. In economic news, Switzerland’s consumer price index (CPI) advanced less-than-expected by 0.1% MoM in May, compared to a 0.3% rise … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on June 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 106.90. In economic news, Japan’s Eco Watchers index for current situation fell more-than-expected to an 18-month low level of 43.0 in … Continue reading →

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GBP/USD: Britain’s industrial production surged in April

Posted on June 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.4509. On the economic front, UK’s industrial production surprisingly advanced by 2.0% MoM in April, its strongest monthly gain since July … Continue reading →

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

Posted on June 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.41% against the USD and closed at 1.1398. In economic news, French business sentiment index surprisingly fell to a level of 97.0 in May, from a reading of … Continue reading →

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