USD/CHF: Swiss Franc trading tad lower ahead of Switzerland’s jobless rate data

Posted on November 10, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 1.0034. In economic news, Switzerland’s total sight deposits fell marginally to CHF467.2 billion in the week ended 06 November, from CHF467.4 … Continue reading →

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USD/JPY: OECD lowered Japan’s growth outlook for 2016

Posted on November 10, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 123.08. Yesterday, the Organisation for Economic Co-operation and Development (OECD), cut Japan’s growth forecast to 1.0% in 2016, from its earlier … Continue reading →

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GBP/USD: Pound reverses its gains this morning

Posted on November 10, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.5117. Yesterday, the Organisation for Economic Co-operation and Development (OECD), predicted the British economy to continue to grow at a “robust … Continue reading →

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EUR/USD: Euro reverses its gains in the morning session

Posted on November 10, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.27% against the USD and closed at 1.0756, after Germany’s trade surplus rose more-than-expected in September. Data showed that Germany’s trade surplus increased to a level of €22.9 … Continue reading →

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AUD/USD: Aussie reverses its losses this morning

Posted on November 9, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.61% against the USD to close at 0.7032. LME Copper prices declined 1.05% or $53.0 /MT to $5000.0 /MT. Aluminium prices rose 1.26% or $18.5 /MT to $1491.5 … Continue reading →

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USD/CAD: Canada’s unemployment rate dropped to 7.0% in October

Posted on November 9, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the CAD to close at 1.3305, following the release of robust US non-farm payrolls data in October. In economic news, Canada’s unemployment rate unexpectedly declined to … Continue reading →

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

Posted on November 9, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.12% against the CHF and closed at 1.0066. In economic news, Switzerland’s foreign currency reserves advanced to CHF550.9 billion in October, from CHF541.4 billion in the previous month. … Continue reading →

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USD/JPY: Japanese Yen trading lower, ahead of Japan’s trade balance data

Posted on November 9, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.24% against the JPY and closed at 123.23. In the Asian session, at GMT0400, the pair is trading at 123.35, with the USD trading marginally higher from Friday’s … Continue reading →

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

Posted on November 9, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.14% against the USD and closed at 1.5037. In economic news, UK’s manufacturing production rose more-than-expected by 0.8% MoM, increasing at its fastest pace in 19 months in … Continue reading →

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EUR/USD: Euro trading higher, ahead of Germany’s trade balance data for September

Posted on November 9, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.38% against the USD and closed at 1.0733, after Germany’s industrial output posted its steepest drop on a monthly basis in September. Data showed that, Germany’s industrial production … Continue reading →

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AUD/USD: RBA downward revises Australia’s inflation forecast to 2.0%

Posted on November 6, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened marginally against the USD to close at 0.7147, after Australia’s construction sector expanded in October. Data showed that, Australia’s AiG performance of construction index rose to a level … Continue reading →

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