USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

Posted on July 17, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 124.16. Yesterday, the BOJ monthly economic survey indicated that Japan’s economy has continued to recover at a moderate pace. Further, the … Continue reading →

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GBP/USD: Interest rates hike as soon as end of the year, indicated the BoE Chief

Posted on July 17, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.5609. Yesterday, the BoE Chief, Mark Carney, in a speech, gave strong signals about the timing of an interest rate hike … Continue reading →

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EUR/USD: The Greek Parliament voted “Yes” on bailout bill

Posted on July 16, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.51% against the USD and closed at 1.0957. Yesterday, the Greek Parliament approved the new bailout package of €86 billion, coming with tough austerity measures demanded by its … Continue reading →

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

Posted on July 16, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.88% against the USD to close at 0.7386. LME Copper prices rose 1.72% or $94.5/MT to $5597.0/MT. Aluminium prices rose 1.30% or $21.5/MT to $1674.5/MT. In the Asian … Continue reading →

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USD/CAD: The BoC lowered its benchmark interest rate to 0.5%

Posted on July 16, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.45% against the CAD to close at 1.2915. The CAD lost ground, after the BoC decided to slash its benchmark interest rate by 25 basis points to 0.5% … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s real retail sales data

Posted on July 16, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.72% against the CHF and closed at 0.9517. The Swiss franc came under pressure, after Switzerland’s ZEW economic expectations index eased to a level of -5.40. In the … Continue reading →

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

Posted on July 16, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.49% against the JPY and closed at 123.96. In the Asian session, at GMT0300, the pair is trading at 123.83, with the USD trading 0.11% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on July 16, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad higher against the USD and closed at 1.5639. Yesterday, data showed that unemployment in the UK unexpectedly rose to 5.6% in the three months ended May, … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on July 15, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1013. Yesterday, economic data showed that Germany’s ZEW economic sentiment index eased to a level of 29.7 in July, … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on July 15, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7452. LME Copper prices declined 1.84% or $103.0/MT to $5502.5/MT. Aluminium prices declined 0.36% or $6.0/MT to $1653.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing ahead of the BoC’s interest rate decision

Posted on July 15, 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 1.2731. In economic news, Canada’s house price index climbed 1.4% MoM in June. It followed an advance of 0.9% in the … Continue reading →

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