AUD/USD: Australia’s service sector contracted for the third consecutive month in December

Posted on January 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.23% against the USD to close at 0.7165, after Australia’s AiG performance of services index dropped for the third straight month to a level of 46.3 in December, … Continue reading →

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

Posted on January 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.3975. In economic news, Canada’s raw material price index declined more-than-expected by 4.0% MoM in November, compared to a revised flat … Continue reading →

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

Posted on January 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.60% against the CHF and closed at 1.0082. In the Asian session, at GMT0400, the pair is trading at 1.0092, with the USD trading 0.1% higher from yesterday’s … Continue reading →

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USD/JPY: Japan’s services PMI continues to expand in December

Posted on January 6, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 119.12 In the Asian session, at GMT0400, the pair is trading at 118.67, with the USD trading 0.38% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s Markit services PMI data

Posted on January 6, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.4679. In economic news, UK’s Markit construction PMI rebounded more-than-expected to a level of 57.8 in December, from a seven-month low … Continue reading →

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EUR/USD: Euro trading lower, ahead of Markit services PMI data across the Euro-zone

Posted on January 6, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.68% against the USD and closed at 1.0753, after consumer prices in the Euro-zone rose less-than-expected by 0.2% YoY in December, against investor expectations for a growth of … Continue reading →

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Crude Oil: Oil trading higher, ahead of the API’s weekly crude oil inventory data

Posted on January 5, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.05% against the USD for the 24 hour period ending 23:00GMT, closing at 36.89, as weak manufacturing data from China fuelled concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading →

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Silver: White metal trading on a stronger footing in the Asian session

Posted on January 5, 2016 by GCI Financial

Silver Movement Silver prices rose 0.11% to USD 13.87 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.93, with the silver trading 0.47% higher … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on January 5, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1073.00 per ounce, as mounting geopolitical tensions in the Middle East coupled with plunging global equity markets lured investors to the … Continue reading →

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AUD/USD: Aussie trading higher, ahead of Australia’s AiG performance of services index data

Posted on January 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.58% against the USD to close at 0.7182. LME Copper prices declined 1.21% or $57.0/MT to $4645.0/MT. Aluminium prices declined 2.75% or $41.5/MT to $1466.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing activity hit a record low in December

Posted on January 5, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD to close at 1.3938. The CAD lost ground, after Canada’s manufacturing sector contracted for the fifth consecutive month to a level of 47.5 in … Continue reading →

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