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

Posted on May 3, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.2878. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading 0.17% lower against the … Continue reading →

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USD/CHF: Swiss real retail sales fell in March, SVME PMI surprised on the upside in April

Posted on May 3, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9989. Macroeconomic data revealed that Switzerland’s real retail sales declined 1.8% on an annual basis in March, after recording a drop … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on May 3, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 109.82. In economic news, Japan’s consumer confidence index unexpectedly fell to a level of 43.6 in April, compared to a reading … Continue reading →

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GBP/USD: UK’s construction sector bounced back into expansion territory in April

Posted on May 3, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.24% against the USD and closed at 1.3576, despite robust British construction sector data. On the economic front, UK’s Markit construction PMI rose more-than-estimated to a level of … Continue reading →

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EUR/USD: Euro-zone’s economic growth cooled as expected in 1Q 2018

Posted on May 3, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1956, after the latest data revealed that Euro-bloc’s economic growth slowed at the start of the new year. The Euro-zone’s seasonally … Continue reading →

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Crude Oil: Oil trading a tad higher, ahead of EIA’s weekly crude oil inventories data

Posted on May 2, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.50% against the USD and closed at USD67.44 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 3.4 million barrels … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on May 2, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.98% against the USD and closed at USD16.20 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.33, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 2, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.84% against the USD and closed at USD1305.40 per ounce, as a broad strength in the US Dollar decreased demand for the precious yellow metal. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on May 2, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.57% against the USD and closed at 0.7486. LME Copper prices declined 0.08% or $5.5/MT to $6777.5/MT. Aluminium prices rose 1.53% or $34.0/MT to $2258.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economic growth better-than-expected in February

Posted on May 2, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.2847. On the economic front, Canada’s gross domestic product (GDP) advanced 0.4% on a monthly basis in February, beating market consensus … Continue reading →

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USD/CHF: Swiss Franc reverses its losses, ahead of key economic releases in Switzerland

Posted on May 2, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.6% against the CHF and closed at 0.9967. In the Asian session, at GMT0300, the pair is trading at 0.9958, with the USD trading 0.09% lower against the … Continue reading →

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