Monthly Archives: February 2016

GBP/USD: Pound trading on a stronger footing, ahead of UK’s manufacturing PMI data

Posted on February 1, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.99% against the USD and closed at 1.4216. In the Asian session, at GMT0400, the pair is trading at 1.4259, with the GBP trading 0.31% higher from Friday’s … Continue reading →

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EUR/USD: Euro trading higher, ahead of the release of final Markit manufacturing PMI data across the Euro-zone

Posted on February 1, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.91% against the USD and closed at 1.0840, after Germany’s retail sales ended 2015 on a weak note Data showed that German retail sales unexpectedly declined by 0.2% … Continue reading →

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