GBP/USD: Pound reversed its losses in the Asian session

Posted on September 7, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP declined 0.46% against the USD and closed at 1.5183. In the Asian session, at GMT0300, the pair is trading at 1.5191, with the GBP trading marginally higher from yesterday’s close. The pair is expected … Continue reading →

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EUR/USD: Euro extends its gains ahead of Germany’s industrial production data

Posted on September 7, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.22% against the USD and closed at 1.1145. In economic news, the German factory orders dropped 1.40%MoM in July, compared to a revised advance of 1.80% in the previous month, while markets anticipated … Continue reading →

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

Posted on September 7, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 1.41% against the USD to close at 0.6918. LME Copper prices declined 1.80% or $94.5/MT to $5155.5/MT. Aluminium prices declined 0.31% or $5.0/MT to $1601.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canada’s unemployment rate increased to 7.0%

Posted on September 7, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose0.54% against the CAD to close at 1.3263. The CAD weakened, after Canada’s unemployment rate unexpectedly climbed to 7.0% in August, from 6.8% recorded in July. However, net number of people employed in the … Continue reading →

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USD/CHF: Swiss consumer prices continue to fall

Posted on September 7, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.10% against the CHF and closed at 0.9725, after the US non-farm payrolls increased less than market forecasts. In economic news, consumer prices in Switzerland recorded its steepest fall in 56 years, dipping … Continue reading →

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USD/JPY: Japanese Yen trading lower ahead of Japan’s second-quarter GDP data

Posted on September 7, 2015 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.91% against the JPY and closed at 119.06. In the Asian session, at GMT0300, the pair is trading at 119.35, with the USD trading 0.24% higher from Friday’s close. Overnight data showed that … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on September 4, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 120.15. In the Asian session, at GMT0300, the pair is trading at 119.63, with the USD trading 0.43% lower from yesterday’s … Continue reading →

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GBP/USD: UK services PMI unexpectedly fell in August

Posted on September 4, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.5253, after the UK services sector expanded less than expected in August. The UK services PMI eased to 55.60 in August, … Continue reading →

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EUR/USD: ECB kept interest rate steady, revamped Quantitative Easing Program

Posted on September 4, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.91% against the USD and closed at 1.1121, on the back of dovish comments made by the ECB Chief, yesterday. The ECB Chief, Mario Draghi at a press … Continue reading →

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

Posted on September 4, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.41% against the USD to close at 0.7017. LME Copper prices rose 3.13% or $159.5/MT to $5250.0/MT. Aluminium prices rose 2.32% or $ 36.5/MT to $1606.5/MT. In the … Continue reading →

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USD/CAD: Loonie reverses its gains ahead of Canada’s unemployment data

Posted on September 4, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.3192. CAD gained ground, after Canada’s international merchandise trade deficit narrowed to C$0.59 billion in July, compared to a revised deficit … Continue reading →

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