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

Posted on March 10, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.62% against the USD to close at 0.7476. LME Copper prices declined 0.90% or $45.0/MT to $4935.5/MT. Aluminium prices declined 1.64% or $26.0/MT to $1564.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC held key interest rate steady at 0.5%

Posted on March 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.33% against the CAD to close at 1.3246. The Canadian dollar gained ground, after the Bank of Canada (BoC) kept benchmark interest rate steady at 0.5%, as widely … Continue reading →

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USD/CHF: Swiss Franc trading flat this morning

Posted on March 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9976. In the Asian session, at GMT0400, the pair is trading at 0.9975, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

Posted on March 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.58% against the JPY and closed at 113.31. On the economic front, preliminary machine tool orders in Japan declined for the seventh consecutive month by 22.6% YoY in … Continue reading →

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GBP/USD: Britain’s economy grew at a quarterly rate of 0.3% in the three months to February, as per NIESR

Posted on March 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.4216, after data released in the UK painted a mixed picture of the nation’s economy. Yesterday, data showed that Britain’s manufacturing … Continue reading →

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

Posted on March 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1000. In economic news, the French business sentiment index surprisingly dropped to a level of 98.0 in February, touching its weakest … Continue reading →

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AUD/USD: Australia’s consumer confidence slipped back to negative in March

Posted on March 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.48% against the USD and closed at 0.7430. LME Copper prices declined 0.39% or $19.5/MT to $4980.5/MT. Aluminium prices declined 0.62% or $10.0/MT to $1590.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on March 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.99% against the CAD and closed at 1.3424. On the economic front, Canada’s housing starts rose to a level of 212.6K in February, compared to a revised reading … Continue reading →

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USD/CHF: Swiss consumer price inflation rebounded on a monthly basis in February

Posted on March 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9960. In economic news, Switzerland’s consumer price index surprisingly advanced for the first time in four months, after it rose by … Continue reading →

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USD/JPY: Japanese Yen extends its gains this morning

Posted on March 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the JPY and closed at 112.66. On the economic front, Japan’s Eco Watchers index for future outlook dropped to a level of 48.2 in February, more … Continue reading →

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GBP/USD: Brexit poses the biggest risk to UK’s financial stability, says the BoE Governor

Posted on March 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.4209. Yesterday, the BoE Governor, Mark Carney, warned that the possibility of Britain leaving the European Union would trigger a prolonged … Continue reading →

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