GBP/USD: Pound trading on a weaker footing, ahead of the BoE’s interest rate decision

Posted on February 4, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.27% against the USD and closed at 1.4596, after UK’s dominant services sector grew at a faster pace than expected in January. Data showed that the nation’s Markit … Continue reading →

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EUR/USD: Euro trading tad lower, ahead of Germany’s construction PMI data

Posted on February 4, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.58% against the USD and closed at 1.1095. In economic news, the final print of the Euro-zone’s final Markit services PMI remained steady at 53.6 in January, in … Continue reading →

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AUD/USD: Aussie trading lower, ahead of Australia’s NAB business confidence data

Posted on February 3, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.04% against the USD to close at 0.7034. LME Copper prices rose 1.58% or $71.5/MT to $4605.5/MT. Aluminium prices rose 0.30% or $4.5/MT to $1524.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on February 3, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CAD and closed at 1.4055. In the Asian session, at GMT0400, the pair is trading at 1.4082, with the USD trading 0.19% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on February 3, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 1.0187. In economic news, Switzerland’s real retail sales data fell by 1.6% YoY in December, following a revised drop of 1.7% … Continue reading →

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USD/JPY: Japanese Yen on a stronger footing in the Asian session

Posted on February 3, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.01% against the JPY and closed at 119.79. In the Asian session, at GMT0400, the pair is trading at 119.66, with the USD trading 0.11% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading tad lower, ahead of UK’s Markit services PMI data

Posted on February 3, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.4413, after UK’s construction PMI fell more-than-expected to a 9-month low level of 55.0 in January, compared to market expectations of … Continue reading →

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EUR/USD: Euro trading on a stronger footing, ahead of final Markit services PMI data across the Euro-zone

Posted on February 3, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.0923, after the release of upbeat employment data in the Euro-zone. Data showed that Euro-zone’s unemployment rate surprisingly fell to 10.4% … Continue reading →

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AUD/USD: The RBA held interest rate at 2.0%

Posted on February 2, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.58% against the USD and closed at 0.7107. LME Copper prices declined 0.17% or $7.5/MT to $4534.0/MT. Aluminium prices declined 0.62% or $9.5/MT to $1520.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on February 2, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3952. In economic news, Canada’s RBC manufacturing PMI data rose to a level of 49.3 in January, but continued to remain … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss real retail sales

Posted on February 2, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 1.0199. On the economic front, Switzerland’s SVME PMI unexpectedly declined to a level of 50.0 in January, but remained in the … Continue reading →

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