EUR/USD: Euro trading on a weaker footing ahead of the Euro-zone’s services PMI data

Posted on August 5, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.0891 as the greenback benefited from a Fed official’s hawkish comments. Atlanta Fed Chief, Dennis Lockhart, expressed his optimism over the … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on August 4, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0953. In economic news, Germany’s Markit manufacturing PMI improved to a level of 51.8 in July, compared to a reading of … Continue reading →

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AUD/USD: The RBA kept interest rates on hold

Posted on August 4, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.45% against the USD to close at 0.7276. LME Copper prices declined 0.83% or $43.5/MT to $5176.5/MT. Aluminium prices declined 1.88% or $30.0/MT to $1564.0/MT. In the Asian … Continue reading →

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GBP/USD: Pound trading higher ahead of Britain’s construction PMI data

Posted on August 4, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5587. In economic news, the manufacturing PMI rose to a level of 51.90 in July, beating market expectations of a rise … Continue reading →

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

Posted on August 4, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.3155. In the Asian session, at GMT0300, the pair is trading at 1.3172, with the USD trading 0.13% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower this morning

Posted on August 4, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9691. The Swiss Franc lost ground, after the nation’s SVME PMI unexpectedly entered into contraction territory by dropping to a level … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on August 4, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the JPY and closed at 123.99. In the Asian session, at GMT0300, the pair is trading at 124.08, with the USD trading 0.07% higher from … Continue reading →

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EUR/USD: Euro trading lower ahead of the Euro-zone’s manufacturing PMI data

Posted on August 3, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.45% against the USD and closed at 1.0983. In economic news, the Euro-zone’s CPI estimate rose 0.2% YoY in July, at par with market expectations. Meanwhile, the region’s unemployment rate unexpectedly remained unchanged … Continue reading →

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

Posted on August 3, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.28% against the USD to close at 0.7310. LME Copper prices declined 0.40% or $21.0/MT to $5220.0/MT. Aluminium prices declined 0.90% or $14.5/MT to $1594.0/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canadian economy shrank for the fifth consecutive month

Posted on August 3, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.59% against the CAD to close at 1.3082. The CAD lost ground, after Canada’s GDP growth contracted 0.2% on a monthly basis in May, following a drop of 0.1% in the previous month, … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s SVME PMI data

Posted on August 3, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.29% against the CHF and closed at 0.9663. In the Asian session, at GMT0300, the pair is trading at 0.9658, with the USD trading 0.06% lower from Friday’s close. The pair is expected … Continue reading →

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