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

Posted on March 3, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the JPY and closed at 113.56. In the Asian session, at GMT0400, the pair is trading at 113.92, with the USD trading 0.32% higher from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s construction activity declined to a 10-month low level in February

Posted on March 3, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.4081. On the economic front, UK’s construction PMI unexpectedly fell to a level of 54.2 in February, touching its ten-month low … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: US Fed’s Beige Book points to continued modest growth

Posted on March 3, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.0870. In economic news, the Euro-zone’s producer price index fell by 1.0% MoM in January, in line with market expectations and … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australian economy grew at a faster-than-expected pace in Q4 2015

Posted on March 2, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.37% against the USD and closed at 0.7176. LME Copper prices rose 0.45% or $21.0/MT to $4726.0/MT. Aluminium prices declined 1.91% or $31.0/MT to $1590.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s GDP expanded more than expected on a monthly basis in December

Posted on March 2, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.82% against the CAD and closed at 1.3423. The Canadian dollar gained ground, after Canada’s GDP expanded more-than-anticipated by 0.2% MoM in December, after expanding by 0.3% in … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s Q4 GDP data

Posted on March 2, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9974. In economic news, Switzerland’s manufacturing PMI unexpectedly rose to a level of 51.6 in February, following a reading of 50.0 … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher this morning

Posted on March 2, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.49% against the JPY and closed at 113.99. In the Asian session, at GMT0400, the pair is trading at 113.91, with the USD trading 0.07% lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s manufacturing PMI declined to its lowest level in 34-months

Posted on March 2, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.3956. On the economic front, UK’s seasonally adjusted Markit manufacturing PMI fell more-than-anticipated to nearly a 3-year low level of 50.8 … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s unemployment rate surprisingly fell to its lowest level in more than 4 years in January

Posted on March 2, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0868, following mixed economic data in the Euro-zone. Data showed that Euro-zone’s unemployment rate surprisingly fell to its lowest level since … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: RBA leaves key interest rate unchanged at 2.0%

Posted on March 1, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.39% against the USD and closed at 0.7150. LME Copper prices rose 0.51% or $24.0/MT to $4705.0/MT. Aluminium prices rose 2.08% or $33.0/MT to $1621.5/MT. In economic news, … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on March 1, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CAD and closed at 1.3534. On the economic front, Canada’s Q4 current account deficit rose less-than-expected to a level of C$15.38 billion in 4Q 2015, … Continue reading →

Posted in USD/CAD | Comments Off