USD/CAD: The BoC should be prepared to do more if need arises, indicated the IMF

Posted on May 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 1.2958. In economic news, Canada’s seasonally adjusted housing starts fell to a 3-month low level of 191.5K in April, compared to … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s unemployment rate data

Posted on May 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9713. The Swiss Franc gained ground, after Switzerland’s consumer price index (CPI) rose more-than-expected by 0.3% MoM in April, its third … Continue reading →

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

Posted on May 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.08% against the JPY and closed at 108.40. In economic news, Japan’s consumer confidence index weakened less-than-expected to a level of 40.8 in April, from a reading of … Continue reading →

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GBP/USD: Pound trading lower, ahead of Britain’s total trade balance data

Posted on May 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.13% against the USD and closed at 1.4413. In economic news, UK’s Halifax house price index declined more-than-expected by 0.8% MoM in April, compared to a revised rise … Continue reading →

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EUR/USD: Euro trading tad lower. ahead of Germany’s industrial production data

Posted on May 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.1384. In economic news, Germany’s seasonally adjusted factory orders advanced above expectations by 1.9% MoM in March, its biggest rise in … Continue reading →

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

Posted on May 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.37% against the USD to close at 0.7368. LME Copper prices declined 0.33% or $16.0 /MT to $4810.0 /MT. Aluminium prices declined 0.16% or $2.5 /MT to $1599.0 … Continue reading →

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USD/CAD: Canada’s unemployment rate held steady in April

Posted on May 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.2913. In economic news, Canada’s unemployment rate remained steady at 7.1% in April, compared to investor expectations for it to rise … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s consumer price inflation data

Posted on May 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9719. In economic news, Switzerland’s foreign currency reserves rose to a level of CHF587.6 billion in April, following a reading of … Continue reading →

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USD/JPY: BoJ concerned about weakening consumer sentiment, reveals March minutes

Posted on May 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 107.11. In the Asian session, at GMT0300, the pair is trading at 107.27, with the USD trading 0.15% higher from Friday’s … Continue reading →

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GBP/USD: Pound extends its losses in the Asian session

Posted on May 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.40% against the USD and closed at 1.4432. In the Asian session, at GMT0300, the pair is trading at 1.4424, with the GBP trading marginally lower from Friday’s … Continue reading →

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EUR/USD: Euro trading tad lower, ahead of Germany’s factory orders data

Posted on May 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1404. In economic news, Germany’s construction PMI declined to a five-month low level of 53.4 in April, mainly led by a … Continue reading →

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