GBP/USD: Pound trading on a weaker footing, ahead of UK’s ILO unemployment rate data

Posted on January 20, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.59% against the USD and closed at 1.4167, after the BoE Governor, Mark Carney, signaled that a boost to UK’s interest rates is still some way off. He … Continue reading →

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EUR/USD: Euro trading higher this morning

Posted on January 20, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.0911. In economic news, Euro-zone’s final estimate of the consumer price index rose by 0.2% YoY in December, in line with … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on January 19, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.2% against the USD and closed at 0.6873. LME Copper prices rose 1.15% or $49.5/MT to $4360.0/MT. Aluminium prices rose 1.29% or $19.0/MT to $1486.5/MT. In the Asian … Continue reading →

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

Posted on January 19, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.4550. In the Asian session, at GMT0400, the pair is trading at 1.4518, with the USD trading 0.22% lower from yesterday’s … Continue reading →

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

Posted on January 19, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 1.0050. In economic news, Switzerland’s total sight deposits for the week ended 15 January, inched up to CHF471.3 billion from CHF469.5 … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on January 19, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.38% against the JPY and closed at 117.41. In the Asian session, at GMT0400, the pair is trading at 117.54, with the USD trading 0.11% higher from yesterday’s … Continue reading →

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

Posted on January 19, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.4250. Yesterday, the BoE’s monetary policy committee member, Gertjan Vlieghe, struck a dovish tone by stating that UK’s current economic conditions … Continue reading →

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EUR/USD: Euro trading tad lower, ahead of various economic releases in the Euro-zone

Posted on January 19, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.0892. In economic news, Italy’s trade surplus narrowed to a level of €1.097 billion in November, from previous month’s reading of … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on January 18, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 2.06% against the USD to close at 0.6847. LME Copper prices declined 1.26% or $55.0/MT to $4310.5/MT. Aluminium prices declined 0.71% or $10.5/MT to $1467.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales declined on a monthly basis in December

Posted on January 18, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CAD to close at 1.4511. The Canadian dollar lost ground after existing home sales in Canada fell 0.6% MoM in December, following a 1.8% rise … Continue reading →

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USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on January 18, 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 0.9980. In the Asian session, at GMT03400, the pair is trading at 1.0051, with the USD trading 0.71% higher from Friday’s … Continue reading →

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