USD/CAD: Loonie trading higher, ahead of Canada’s March consumer price inflation data

Posted on April 22, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.2722, after US initial jobless claims dropped to a 42-year low. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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USD/CHF: Swiss trade surplus narrowed in March

Posted on April 22, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 0.9748. In economic news, Switzerland’s trade surplus narrowed to a level of CHF2.2 billion in March, compared to a revised trade … Continue reading →

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USD/JPY: Japan’s flash manufacturing PMI fell in April

Posted on April 22, 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 109.43. In the Asian session, at GMT0300, the pair is trading at 109.45, with the USD trading marginally higher from yesterday’s … Continue reading →

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GBP/USD: Britain’s retail sales fell more-than-expected on a monthly basis in March

Posted on April 22, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.4319, after UK’s retail sales declined for the second consecutive month in March. Data showed that retail sales declined 1.3% MoM … Continue reading →

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EUR/USD: Euro trading higher, ahead of the flash Markit manufacturing and services PMI data across the Euro-zone

Posted on April 22, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1292, after the European Central Bank (ECB) President, Mario Draghi, pledged to increase stimulus measures further, if necessary. Yesterday, the ECB … Continue reading →

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AUD/USD: Australian business sentiment slipped in 1Q 2016

Posted on April 21, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.10% against the USD to close at 0.7795. LME Copper prices rose 2.63% or $126.5/MT to $4938.5/MT. Aluminium prices rose 2.08% or $32.5/MT to $1598.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing in the Asian session

Posted on April 21, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.2653. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, indicated that it would likely take more than three years for … Continue reading →

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USD/CHF: Switzerland’s economic sentiment strengthened in April

Posted on April 21, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.03% against the CHF and closed at 0.9716. In economic news, Switzerland’s ZEW economic expectations index advanced to a four-month high level of 11.5 in April, from a … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the morning session

Posted on April 21, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 109.81. In economic news, Japan’s final machine tool orders declined by 21.2% YoY in March. The preliminary figure had also indicated … Continue reading →

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GBP/USD: UK unemployment rate steady, but wage growth slowed in the three months to February

Posted on April 21, 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 1.4334, following disappointing employment report in the UK. Data showed that average weekly earnings rose by 1.8% in the three months … Continue reading →

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EUR/USD: Euro trading tad lower, ahead of the ECB’s interest rate decision

Posted on April 21, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1300, after, Germany’s producer price index remained flat on a monthly basis in March, its steepest decline since January 2010, compared … Continue reading →

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