USD/JPY: Japan’s manufacturing PMI rose at the fastest pace in five-months in July

Posted on July 24, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.06% against the JPY and closed at 123.91. Yesterday, the IMF warned Japan that it needs to step up reforms in order to curb the risks pertaining to … Continue reading →

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GBP/USD: Britain’s retail sales unexpectedly dipped in June

Posted on July 24, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.65% against the USD and closed at 1.5515, after the release of dismal retail sales data in the UK. Yesterday, data released showed that retail sales in the … Continue reading →

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EUR/USD: Euro trading lower ahead of economic data across the Euro-zone

Posted on July 24, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.0985. In economic news, the Euro-zone’s consumer confidence weakened to -7.1 in July, from -5.6 in June, indicating that the threat … Continue reading →

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

Posted on July 24, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.29% against the USD to close at 0.7357. LME Copper prices declined 0.20% or $10.5/MT to $5340.0/MT. Aluminium prices declined 0.37% or $6.0/MT to $1604.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s retail sales beat expectations

Posted on July 24, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.3027. The CAD gained ground, after Canadian retail sales rebounded stronger than expected in May. Data released showed that retail … Continue reading →

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EUR/USD: The Greek Parliament approved crucial bailout reforms

Posted on July 23, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.0927. Yesterday, the Greek lawmakers approved second set of crucial reforms to secure and begin the €86 billion European Union bailout. … Continue reading →

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AUD/USD: Aussie trading a tad higher in the Asian session

Posted on July 23, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.62% against the USD to close at 0.7379. LME Copper prices declined 2.28% or $125.0/MT to $5350.5/MT. Aluminium prices declined 1.23% or $20.0/MT to $1610.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a slightly lower footing ahead of Canada’s retail sales data

Posted on July 23, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD to close at 1.3029. In the Asian session, at GMT0300, the pair is trading at 1.3031, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc reverses its losses this morning

Posted on July 23, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9596. In the Asian session, at GMT0300, the pair is trading at 0.9588, with the USD trading 0.08% lower from yesterday’s … Continue reading →

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USD/JPY: Japan’s June exports climbed sharply but missed market expectations

Posted on July 23, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 123.99. In the Asian session, at GMT0300, the pair is trading at 123.94, with the USD trading a tad lower from … Continue reading →

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GBP/USD: Pound trading higher ahead of Britain’s retail sales data

Posted on July 23, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.38% against the USD and closed at 1.5616. Yesterday, the BoE minutes revealed that the central bank’s policymakers voted unanimously to maintain its interest rates at the record … Continue reading →

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