USD/CAD: Loonie trading lower, ahead of Canada’s GDP data

Posted on March 31, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CAD to close at 1.2971. Yesterday, the BoC Deputy Governor, Lynn Patterson, indicated that the Canadian economy will take more than two years to recover … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the morning session

Posted on March 31, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9652. In economic news, Switzerland’s UBS consumption indicator rose to a level of 1.53 in February, led by consistent and robust … Continue reading →

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

Posted on March 31, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 112.46. In the Asian session, at GMT0300, the pair is trading at 112.39, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s Q4 GDP data

Posted on March 31, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.4377. In economic news, UK’s Gfk consumer confidence index remained flat in March, its lowest reading in more than a year, … Continue reading →

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

Posted on March 31, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.39% against the USD and closed at 1.1334, after Germany’s inflation edged higher. The preliminary consumer price index advanced above expectations by 0.8% MoM in March, decreasing the … Continue reading →

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

Posted on March 30, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.17% against the USD to close at 0.7634. LME Copper prices rose 0.17% or $8.5/MT to $4939.5/MT. Aluminium prices rose 0.24% or $3.5/MT to $1473.0/MT. In the Asian … Continue reading →

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

Posted on March 30, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.87% against the CAD to close at 1.3067. In economic news, Canada’s industrial product price index dropped more-than-expected by 1.1% MoM in February, compared to market expectations for … Continue reading →

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USD/CHF: Swiss Franc trading tad higher, ahead of Switzerland’s UBS and KOF indicator data

Posted on March 30, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CHF and closed at 0.9668. In economic news, Switzerland’s total sight deposits inched up to a level of CHF483.3 billion in the week ended 25 … Continue reading →

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USD/JPY: Japan’s industrial output plunged in February

Posted on March 30, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.61% against the JPY and closed at 112.73. In the Asian session, at GMT0300, the pair is trading at 112.49, with the USD trading 0.22% lower from yesterday’s … Continue reading →

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GBP/USD: EU referendum poses risk to UK’s economic stability, warned the BoE

Posted on March 30, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.90% against the USD and closed at 1.4385. Yesterday, the BoE’s financial policy committee, echoed recent remarks by the central bank Governor, Mark Carney, that the referendum on … Continue reading →

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EUR/USD: Euro trading tad higher, ahead of Germany’s consumer price inflation data

Posted on March 30, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.81% against the USD and closed at 1.1289. In economic news, the Euro-zone’s private sector loans rose by 1.6% YoY in February, its fastest rate since 2011, after … Continue reading →

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