GBP/USD: Pound trading on a stronger footing this morning

Posted on September 21, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP declined 0.31%against the USD and closed at 1.5528. The BoE’s Chief Economist, Andy Haldane opined that the central bank may need to cut interest rates further from their record-low level to support the nation’s … Continue reading →

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EUR/USD: The Fed maintained its monetary policy inatct

Posted on September 18, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.09% against the USD and closed at 1.1415. In the US, the Fed decided to maintain its benchmark interest rates unchanged at near-zero, but expressed concerns about a … Continue reading →

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

Posted on September 18, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.14% against the USD to close at 0.7181. LME Copper prices rose 0.36% or $19.0/MT to $5369.0/MT. Aluminium prices rose 0.50% or $8.0/MT to $1606.5/MT. In the Asian … Continue reading →

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GBP/USD: Pound trading higher this morning

Posted on September 18, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.51% against the USD and closed at 1.5577. In economic front, UK’s retail sales rose 0.2% MoM, in line with consensus. Retail sales had registered a revised unchanged … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s consumer prices data

Posted on September 18, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.3164. In the Asian session, at GMT0300, the pair is trading at 1.3174, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/CHF: The SNB left its monetary policy unchanged

Posted on September 18, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.99% against the CHF and closed at 0.9611. Yesterday, the SNB left its rate on sight deposits unchanged at record low of -0.75%. It also mentioned that the … Continue reading →

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

Posted on September 18, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 120.15. Yesterday, the BoJ Governor, Haruhiko Kuroda reiterated that the central bank stands ready to inject further monetary stimulus in the … Continue reading →

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

Posted on September 17, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.81% against the USD to close at 0.7191. Yesterday, the RBA Assistant Governor, Guy Debelle, stated that the financial markets should remain prepared for a rate hike by the … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on September 17, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.99% against the USD and closed at 1.5498, after positive data from the UK labour market. Data showed that unemployment rate in the nation for three months period … Continue reading →

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EUR/USD: Euro trading higher ahead of US Fed highly awaited interest rate decision

Posted on September 17, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.1292. In macroeconomic front, the final print of the Euro-zone’s consumer price index fell by 0.1% on an annual basis after … Continue reading →

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USD/CAD: Loonie trading flat in the Asian session

Posted on September 17, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD to close at 1.3174. In economic news, Canadian manufacturing sales climbed 1.7% on a monthly basis in July, surpassing market expectations for an increase … Continue reading →

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