GBP/USD: UK construction PMI surprisingly fell in May

Posted on June 3, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.4411, after UK’s construction PMI unexpectedly declined to a level of 51.2 in May, as output growth fell to its weakest … Continue reading →

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

Posted on June 3, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1148, following the European Central Bank’s (ECB) cautious economic outlook. Yesterday, the ECB left the key interest rate unchanged at a … Continue reading →

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AUD/USD: Australia’s trade deficit surprisingly narrowed in April

Posted on June 2, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.7252. LME Copper prices declined 2.11% or $99.0 /MT to $4601.0 /MT. Aluminium prices declined 0.26% or $4.0 /MT to $1544.0 … Continue reading →

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USD/CAD: OECD cuts Canada’s growth forecast for 2016 and 2017

Posted on June 2, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.3074. In economic news, Canada’s RBC manufacturing PMI edged lower to a level of 52.1 in May, from a 16-month high … Continue reading →

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USD/CHF: Swiss Q1 GDP missed expectations

Posted on June 2, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CHF and closed at 0.9889. In economic news, Switzerland’s seasonally adjusted GDP advanced less-than-anticipated by 0.1% QoQ in 1Q 2016, compared to a rise of … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

Posted on June 2, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.10% against the JPY and closed at 109.52. In the Asian session, at GMT0300, the pair is trading at 108.93, with the USD trading 0.54% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of the BoE Chief’s speech

Posted on June 2, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.52% against the USD and closed at 1.4416. In economic news, UK’s seasonally adjusted Markit manufacturing PMI advanced above expectations to a level of 50.1 in May, compared … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ECB interest rate decision

Posted on June 2, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1184. In economic news, the Euro-zone’s final manufacturing PMI remained steady at a three-month low level of 51.50 in May, in … Continue reading →

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AUD/USD: Australia’s economic growth accelerated in the first quarter

Posted on June 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.68% against the USD to close at 0.7235. LME Copper prices declined 0.54% or $25.5/MT to $4700.0/MT. Aluminium prices declined 0.26% or $4.0/MT to $1548.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s GDP contracts further in March

Posted on June 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.3078. The Canadian dollar lost ground, after Canada’s GDP declined more-than-expected by 0.2% MoM in March, contracting for the second consecutive … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s Q1 GDP data

Posted on June 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9930. In the Asian session, at GMT0300, the pair is trading at 0.9938, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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