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

Posted on February 24, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.53% against the USD and closed at 0.7191. LME Copper prices declined 0.69% or $32.5/MT to $4663.5/MT. Aluminium prices rose 0.13% or $2.0/MT to $1575.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on February 24, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CAD and closed at 1.3787. Yesterday, Canada’s Finance Minister, Bill Morneau, indicated that the nation needs an aggressive fiscal policy to deal with global economic … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s UBS consumption indicator data

Posted on February 24, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9918. Yesterday, the Swiss National Bank Chairman, Thomas Jordan, cautioned that the central bank could not take “endless” steps to ease … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on February 24, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.8% against the JPY and closed at 112.01. In the Asian session, at GMT0400, the pair is trading at 111.82, with the USD trading 0.17% lower from yesterday’s … Continue reading →

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GBP/USD: BoE could cut the interest rate to zero, stated the BoE Governor

Posted on February 24, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.9% against the USD and closed at 1.4025, after the BoE Governor, Mark Carney, hinted for additional stimulus in the economy. Yesterday, the BoE Governor, Mark Carney, in … Continue reading →

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EUR/USD: Germany’s GDP rose as expected in Q4 2015

Posted on February 24, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1021. In economic news, Germany’s seasonally adjusted final GDP expanded by 0.3% QoQ in 4Q 2015, compared to a similar rise … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on February 23, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.3% against the USD and closed at 0.7229. LME Copper prices rose 2.31% or $106.0/MT to $4696.0/MT. Aluminium prices rose 1.35% or $21.0/MT to $1573.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing in the Asian session

Posted on February 23, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD and closed at 1.3712. In the Asian session, at GMT0400, the pair is trading at 1.3723, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on February 23, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.94% against the CHF and closed at 0.9998. In economic news, Switzerland’s producer and import prices fell for the second consecutive month by 0.4% MoM in January, whereas … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on February 23, 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 112.92. In the Asian session, at GMT0400, the pair is trading at 112.06, with the USD trading 0.76% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on February 23, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.01% against the USD and closed at 1.4152, after the London Mayor, Boris Johnson, expressed his support for Britain’s exit from the European Union (EU) bloc. In the … Continue reading →

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