USD/CAD: Loonie trading a tad higher this morning

Posted on October 26, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CAD and closed at 1.3347. In the Asian session, at GMT0300, the pair is trading at 1.3346, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower this morning

Posted on October 26, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9939. In the Asian session, at GMT0300, the pair is trading at 0.9941, with the USD trading a tad higher against … Continue reading →

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

Posted on October 26, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 104.13. In the Asian session, at GMT0300, the pair is trading at 104.26, with the USD trading 0.12% higher from yesterday’s … Continue reading →

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GBP/USD: Mark Carney defends BoE actions

Posted on October 26, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2180. Yesterday, the Bank of England (BoE) Governor, Mark Carney, in a testimony at House of Lords, defended the monetary policy … Continue reading →

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EUR/USD: Draghi defends ECB’s ultra-loose monetary policies

Posted on October 26, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.0889, after the European Central Bank (ECB) President, Mario Draghi, indicated that the central bank does not want interest rates to … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on October 25, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.05% against the USD and closed at 0.7597. On the economic front, in China, Australia’s largest trading partner, the CB leading economic index advanced by 1.1% MoM in … Continue reading →

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USD/CAD: Best plan is to wait and see, says BoC Governor

Posted on October 25, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3343. The Canadian Dollar gained ground, after the Bank of Canada (BoC) Governor, Stephen Poloz, stated that the central bank is … Continue reading →

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USD/CHF: Swiss National Bank could cut rates further if needed: SNB’s Thomas Jordan

Posted on October 25, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CHF and closed at 0.9939. Yesterday, the Swiss National Bank (SNB) Chairman, Thomas Jordan, stated that the central bank could cut its negative interest rates … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on October 25, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 104.32. In economic news, data showed that Japan’s final leading economic index rose to a level of 100.9 in August, compared … Continue reading →

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GBP/USD: Pound trading a tad higher, ahead of the BoE Governor’s speech

Posted on October 25, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.2218. In economic news, UK’s CBI industrial trends total orders surprisingly dropped to a level of -17.0 in October, whereas markets … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI jumped to a 30-month high level in October

Posted on October 25, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0871, after the Euro-zone’s manufacturing and services sector showed strong performance in October, indicating economic recovery picked up pace in the … Continue reading →

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