USD/CHF: Swiss Franc trading lower, ahead of SNB’s interest rate decision

Posted on December 10, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.92% against the CHF and closed at 0.9833. The Swiss Franc gained ground, after Switzerland’s unemployment rate remained steady at 3.4% in November, meeting market expectations. In the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing in the morning session

Posted on December 10, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.03% against the JPY and closed at 121.63. In the Asian session, at GMT0400, the pair is trading at 121.65, with the USD trading marginally higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading tad lower, ahead of BoE’s interest rate decision

Posted on December 10, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.16% against the USD and closed at 1.5184. In the Asian session, at GMT0400, the pair is trading at 1.5179, with the GBP trading marginally lower from yesterday’s … Continue reading →

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EUR/USD: Euro trading on a weaker footing this morning

Posted on December 10, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.1020, following hawkish comments from a European policymaker. ECB member, Ewald Nowotny stated that the financial community had “exaggerated expectations” of … Continue reading →

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AUD/USD: Australian home loan approvals slid in October

Posted on December 9, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.55% against the USD to close at 0.7221. LME Copper prices declined 0.54% or $25.0/MT to $4567.5/MT. Aluminium prices declined 2.40% or $36.0/MT to $1462.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian housing starts advanced in November

Posted on December 9, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD to close at 1.3584. In economic news, housing starts in Canada rose to a level of 211.9K in November, compared to market expectations of … Continue reading →

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USD/CHF: Swiss Franc trading tad lower, ahead of Switzerland’s unemployment data

Posted on December 9, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9925. In the Asian session, at GMT0400, the pair is trading at 0.993, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on December 9, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 122.89. In the Asian session, at GMT0400, the pair is trading at 122.81, with the USD trading marginally lower from yesterday’s … Continue reading →

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GBP/USD: Britain’s manufacturing output declined 0.4% on a monthly basis in October

Posted on December 9, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5011, after UK’s manufacturing production fell more-than-expected on a monthly basis in October. Data showed that manufacturing production in Britain declined … Continue reading →

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EUR/USD: Eurozone GDP grows 0.3% on a quarterly basis in 3Q 2015

Posted on December 9, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.56% against the USD and closed at 1.0894, after the Eurozone economy expanded in line with expectations in the third quarter. Data showed that Eurozone GDP rose 0.3% … Continue reading →

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AUD/USD: Aussie trading lower, ahead of Australia’s Westpac consumer confidence index data

Posted on December 8, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.03% against the USD to close at 0.7261. LME Copper prices declined 0.96% or $44.5/MT to $4592.5/MT. Aluminium prices declined 0.33% or $5.0/MT to $1498.0/MT. In the Asian … Continue reading →

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