GBP/USD: Pound trading tad higher, ahead of Britain’s consumer price inflation data

Posted on March 22, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.63% against the USD and closed at 1.4373, over concerns about Prime Minister David Cameron’s ability to keep the Conservative party together ahead of June’s referendum on UK’s … Continue reading →

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EUR/USD: Euro trading higher, ahead of manufacturing and services PMI data across the Eurozone

Posted on March 22, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1239. In economic news, the Eurozone’s preliminary consumer confidence index unexpectedly declined to a level of -9.7 in March, dropping for … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on March 21, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.60% against the USD to close at 0.7600. LME Copper prices rose 1.47% or $74.0/MT to $5103.0/MT. Aluminium prices declined 0.37% or $5.5/MT to $1498.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s retail sales surged in January

Posted on March 21, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD to close at 1.3038. On the macroeconomic front, consumer prices in Canada rose less-than-expected by 0.2% MoM in February, compared to market expectations for … Continue reading →

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

Posted on March 21, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9694. In the Asian session, at GMT0400, the pair is trading at 0.9695, with the USD trading marginally higher from Friday’s … Continue reading →

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

Posted on March 21, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 111.56. In the Asian session, at GMT0400, the pair is trading at 111.38, with the USD trading 0.16% lower from Friday’s … Continue reading →

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

Posted on March 21, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.4474. The Bank of England (BoE), in its quarterly bulletin, indicated that a slowdown in China could have spill-over effects on … Continue reading →

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EUR/USD: Euro trading tad lower, ahead of the Eurozone’s flash consumer confidence index data

Posted on March 21, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1276, after German producer price index declined more-than-expected by 0.5% MoM in February, following a 0.7% fall in the previous month. … Continue reading →

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

Posted on March 18, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.36% against the USD to close at 0.7646. LME Copper prices rose 1.70% or $84.0/MT to $5029.0/MT. Aluminium prices rose 0.57% or $8.5/MT to $1503.5/MT. In the Asian … Continue reading →

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

Posted on March 18, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.05% against the CAD to close at 1.2988. In economic news, Canadian wholesale sales remained flat on a monthly basis in January, compared to a revised advance of … Continue reading →

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USD/CHF: The SNB held key interest rate steady at -0.75%

Posted on March 18, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.09% against the CHF and closed at 0.9673. Yesterday, the Swiss National Bank (SNB) held benchmark interest rate steady at -0.75%, in line with market expectations. Further, the … Continue reading →

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