USD/CAD: Loonie trading lower, ahead of Canada’s consumer price inflation data

Posted on February 19, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3730. Yesterday, the Organisation for Economic Co-operation and Development (OECD) cut Canada’s growth forecast to 1.4% in 2016 and 2.2% in … Continue reading →

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USD/CHF: Swiss trade surplus expanded in January

Posted on February 19, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CHF and closed at 0.9936. On the economic front, data showed that Switzerland’s trade surplus increased to a 3-month high level of CHF3.5 billion in … Continue reading →

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USD/JPY: OECD slashed Japan’s 2016 and 2017 growth forecast

Posted on February 19, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.7% against the JPY and closed at 113.30. Yesterday, the Organisation for Economic Co-operation and Development (OECD), downgraded Japan’s growth outlook to 0.8% in 2016, from a previous … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s retail sales data

Posted on February 19, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.33% against the USD and closed at 1.4333. Yesterday, the OECD projected the UK economy to grow by 2.1% in 2016 and 2.0% in 2017, down from an … Continue reading →

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EUR/USD: ECB minutes give strong hints of more aggressive easing in March

Posted on February 19, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1106, after the ECB’s meeting minutes hinted for more aggressive actions on monetary easing. The minutes of the ECB’s recent monetary … Continue reading →

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Crude Oil: Oil trading lower, ahead of the EIA’s weekly crude oil inventory data

Posted on February 18, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 7.76% against the USD and closed at 31.37, after one of the major oil producers, Iran, voiced its support to freeze production to tackle global supply glut. … Continue reading →

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Silver: White metal extends its gains this morning

Posted on February 18, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.26% against the USD and closed at 15.32, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 18, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.46% against the USD and closed at 1208.70, rebounding from its previous session losses, after the Fed minutes raised hopes that the central bank could slow the pace of … Continue reading →

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AUD/USD: Australia’s unemployment rate unexpectedly jumped in January

Posted on February 18, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.82% against the USD and closed at 0.7174. LME Copper prices declined 0.47% or $21.5/MT to $4562.0/MT. Aluminium prices declined 0.56% or $8.5/MT to $1520.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on February 18, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.32% against the CAD and closed at 1.3686. In the Asian session, at GMT0400, the pair is trading at 1.3660, with the USD trading 0.19% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss economic expectations index declined in February

Posted on February 18, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9926. In economic news, Switzerland’s ZEW expectations survey index declined to a level of -5.9 in February, compared to a level … Continue reading →

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