USD/JPY: BoJ debated QE expansion and negative rates at January meeting, reveals minutes

Posted on March 18, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.18% against the JPY and closed at 111.39. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, indicated that domestic inflation had slowed temporarily due to plunging oil … Continue reading →

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GBP/USD: BoE leaves benchmark interest rate steady at 0.5%

Posted on March 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.57% against the USD and closed at 1.4472. Yesterday, the Bank of England’s (BoE) monetary policy committee unanimously voted to keep the key interest rate at a historic … Continue reading →

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EUR/USD: Euro trading flat in the morning session

Posted on March 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.89% against the USD and closed at 1.1318, after the Euro-zone’s consumer price inflation rose more-than-anticipated by 0.2% MoM in February, compared to a drop of 1.4% in … Continue reading →

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AUD/USD: Australian unemployment rate dropped to 5.8% in February

Posted on March 17, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.06% against the USD to close at 0.7544. LME Copper prices rose 0.51% or $25.0/MT to $4945.0/MT. Aluminium prices declined 0.86% or $13.0/MT to $1495.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on March 17, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.69% against the CAD to close at 1.3126. In economic news, Canadian manufacturing shipments advanced more-than-expected by 2.3% MoM in January, compared to investor expectations for a rise … Continue reading →

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USD/CHF: Swiss Franc trading tad higher, ahead of the SNB interest rate decision

Posted on March 17, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.91% against the CHF and closed at 0.9779, as the Fed lowered its projections future interest rate hikes and economic growth. In the Asian session, at GMT0400, the … Continue reading →

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

Posted on March 17, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.40% against the JPY and closed at 112.72. In the Asian session, at GMT0400, the pair is trading at 112.55, with the USD trading 0.15% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher, ahead of the BoE interest rate decision

Posted on March 17, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.4248. In economic news, UK’s ILO unemployment rate remained steady at a level of 5.1% in the November-January 2016 period, in … Continue reading →

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

Posted on March 17, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.00% against the USD and closed at 1.1219. In economic news, the Euro-zone’s construction output rebounded at its fastest pace in nearly four years by 3.6% MoM in … Continue reading →

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AUD/USD: Australia’s Westpac leading index dipped in February

Posted on March 16, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.7465. LME Copper prices declined 1.48% or $74.0/MT to $4920.0/MT. Aluminium prices declined 1.60% or $24.5/MT to $1508.0/MT. In the Asian … Continue reading →

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

Posted on March 16, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD to close at 1.3352. On the economic front, existing home sales in Canada advanced 0.8% MoM in February, following a rise of 0.5% in … Continue reading →

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