GBP/USD: Pound trading higher, ahead of NIESR’s GDP estimate data

Posted on April 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.51% against the USD and closed at 1.4055, as the uncertainty around the “Brexit” continues to keep the Pound under pressure. On the economic front, UK’s Halifax house … Continue reading →

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

Posted on April 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1374, after the ECB Chief, Mario Draghi, stated that the Euro-zone is prone to challenges from global economic shocks and is … Continue reading →

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AUD/USD: Australia’s construction sector weakened in March

Posted on April 7, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.78% against the USD to close at 0.7601. Yesterday, the RBA Assistant Governor, Chris Kent, indicated that inflation in Australia is expected to remain subdued over the next … Continue reading →

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USD/CAD: Canada’s Ivey PMI declined in March

Posted on April 7, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.3090, after the release of the latest Fed meeting minutes from March. In economic news, Canada’s seasonally adjusted Ivey purchasing managers … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on April 7, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9562. In the Asian session, at GMT0300, the pair is trading at 0.9555, with the USD trading 0.08% lower from yesterday’s … Continue reading →

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

Posted on April 7, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.49% against the JPY and closed at 109.72. In economic news, Japan’s preliminary leading index dropped in line with market expectations to a level of 99.8 in February. … Continue reading →

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GBP/USD: Pound trading on a weaker footing in the Asian session

Posted on April 7, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.4127. In the Asian session, at GMT0300, the pair is trading at 1.4116, with the GBP trading 0.08% lower from yesterday’s … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ECB’s monetary policy meeting accounts

Posted on April 7, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1396. In economic news, Germany’s seasonally adjusted industrial production fell less-than-expected by 0.5% MoM in February, compared to market expectations for … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on April 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.7542. LME Copper prices declined 0.83% or $40.0 /MT to $4776.0 /MT. Aluminium prices declined 1.64% or $25.0/MT to $1498.0 /MT. … Continue reading →

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USD/CAD: Canada’s international merchandise trade deficit expanded in February

Posted on April 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.3138. In economic news, Canada’s international merchandise trade deficit widened to C$1.9 billion in February, from a revised international merchandise trade … Continue reading →

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

Posted on April 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9562. In the Asian session, at GMT0300, the pair is trading at 0.9562, with the USD trading flat from yesterday’s close. … Continue reading →

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