EUR/USD: Euro trading lower, ahead of the ECB’s monetary policy meeting accounts

Posted on July 7, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.1092. On the data front, Germany’s seasonally adjusted factory orders remained flat on a monthly basis in May, owing to weak … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on July 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.14% against the USD and closed at 0.7445. LME Copper prices declined 1.62% or $79.5/MT to $4840.5/MT. Aluminium prices declined 1.75% or $29.0/MT to $1624.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of Canada’s international merchandise trade data

Posted on July 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CAD and closed at 1.2997. In the Asian session, at GMT0300, the pair is trading at 1.3022, with the USD trading 0.19% higher against the … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on July 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9770. In the Asian session, at GMT0300, the pair is trading at 0.9779, with the USD trading 0.09% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on July 6, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.9% against the JPY and closed at 101.62. In the Asian session, at GMT0300, the pair is trading at 100.74, with the USD trading 0.87% lower against the … Continue reading →

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GBP/USD: BoE loosens reins for additional lending by British banks

Posted on July 6, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 2.12% against the USD and closed at a new 31-year low of 1.2994, amid renewed Brexit worries and after the release of downbeat UK services data. Yesterday, UK’s … Continue reading →

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EUR/USD: Euro trading lower, ahead of the ECB Chief’s speech

Posted on July 6, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1059. In economic news, the Euro zone’s retail sales rose in line with investor expectations by 0.4% MoM in May, recording … Continue reading →

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AUD/USD: RBA holds interest rate steady at 1.75%

Posted on July 5, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.47% against the USD to close at 0.7531. LME Copper prices rose 2.85% or $136.5/MT to $4920.0/MT. Aluminium prices rose 0.49% or $8.0/MT to $1653.0/MT. In the Asian … Continue reading →

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USD/CAD: BoC survey shows subdued business sentiment in Canada

Posted on July 5, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.2852. In economic news, Canada’s RBC manufacturing PMI fell to a level of 51.8 in June and notched its weakest figure … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

Posted on July 5, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9707. In economic news, Switzerland’s total sight deposits advanced to a level of CHF507.5 billion for the week ended 01 July, … Continue reading →

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USD/JPY: Japan’s service sector fell back into contraction in June

Posted on July 5, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 102.54. In the Asian session, at GMT0300, the pair is trading at 102.11, with the USD trading 0.42% lower against the … Continue reading →

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