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 →

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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 →

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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 →

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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 →

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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 →

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Crude Oil: Oil trading lower in the Asian session

Posted on March 1, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.08% against the USD and closed at 33.85, buoyed by Saudi Arabia’s pledge to limit market volatility by freezing output at January levels. In the Asian session, … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on March 1, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.5% against the USD and closed at 14.93, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.92, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on March 1, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.43% against the USD and closed at 1240.30, as concerns about global growth momentum spurred demand for the safe-haven yellow metal. In the Asian session, at GMT0400, the pair … Continue reading →

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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 →

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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 →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s real retail sales

Posted on March 1, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9981. In economic news, Switzerland’s KOF leading indicator index rose unexpectedly to a level of 102.4 in February, compared to a … Continue reading →

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