GBP/USD: UK consumer prices growth cooled in April

Posted on May 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.4453. In economic news, UK’s consumer price index (CPI) advanced less-than-expected by 0.1% MoM in April, highlighting the struggle faced by … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s consumer price index data

Posted on May 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1310. In economic news, the Euro-zone’s seasonally adjusted trade surplus widened to a 3-month high level of €22.3 billion in March, … Continue reading →

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AUD/USD: RBA minutes indicated that broad-based inflation weakness inspired rate cut

Posted on May 17, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.43% against the USD to close at 0.7288. LME Copper prices declined 0.42% or $19.5/MT to $4640.5/MT. Aluminium prices declined 0.23% or $3.5/MT to $1525.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on May 17, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.2894. The Canadian dollar gained ground, after Canada’s existing home sales advanced 3.1% MoM in April, following a 1.5% rise in … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session

Posted on May 17, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9774. In the Asian session, at GMT0300, the pair is trading at 0.9770, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/JPY: Japan’s final industrial production rose in March

Posted on May 17, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 109.04. In economic news, Japan’s preliminary machine tool orders declined further by 26.4% YoY in April, following a 21.2% fall in … Continue reading →

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GBP/USD: Pound trading higher, ahead of UK’s consumer price index data

Posted on May 17, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.4410. However, the Pound is under immense pressure amid fears surrounding the UK referendum on EU membership In the Asian session, … Continue reading →

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

Posted on May 17, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1313. In the US, the NAHB housing market index remained steady for the fourth consecutive month at a level of 58.0 … Continue reading →

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

Posted on May 16, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.72% against the USD to close at 0.7269. LME Copper prices declined 1.77% or $84.0/MT to $4660.0/MT. Aluminium prices declined 1.04% or $16.0/MT to $1529.0/MT. In the Asian … Continue reading →

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

Posted on May 16, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD to close at 1.2934, after US retail sales advanced more-than-expected in April. In the Asian session, at GMT0300, the pair is trading at 1.2933, … Continue reading →

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

Posted on May 16, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CHF and closed at 0.9744, following the release of robust US retail sales data. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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