GBP/USD: Pound trading marginally higher ahead of the BoE’s interest rate decision

Posted on July 9, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.5371. In the Asian session, at GMT0300, the pair is trading at 1.5379, with the GBP trading a tad higher from … Continue reading →

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AUD/USD: Unemployment rate in Australia rose in June

Posted on July 9, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.26% against the USD to close at 0.7430. LME Copper prices declined 1.20% or $65.5/MT to $5375.0/MT. Aluminium prices declined 1.52% or $25.0/MT to $1620.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s housing starts data

Posted on July 9, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.2741. The CAD lost ground, after Canadian building permits tumbled 14.5% on a monthly basis in May, giving back previous month’s … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on July 9, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9452, with the USD trading a tad lower from … Continue reading →

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

Posted on July 9, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.48% against the JPY and closed at 120.71. In economic news, Japan’s Eco watchers survey for the current situation dropped to 51.00, in June, compared to a reading … Continue reading →

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AUD/USD: Aussie extends its losses this morning

Posted on July 8, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.57% against the USD to close at 0.7449. In economic news, Australia’s foreign exchange reserves dropped to A$67.28 billion, compared to a revised level of A$ 73.18 billion … Continue reading →

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EUR/USD: The Euro-zone gave final chance to save Greece

Posted on July 8, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1002. Data released showed that the seasonally adjusted industrial production in Germany remained flat on a MoM basis, less than market … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s building permits data

Posted on July 8, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.2715. Yesterday, the Canadian Finance Minister, Joe Oliver, maintained his optimistic outlook of the nation’s economy. He believes that more economic … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on July 8, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9468. On the macro front, the seasonally adjusted unemployment rate in Switzerland remained unchanged at 3.3% in June, at par with … Continue reading →

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

Posted on July 8, 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 122.53. In the Asian session, at GMT0300, the pair is trading at 122.18, with the USD trading 0.28% lower from yesterday’s … Continue reading →

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GBP/USD: The NIESR projected robust GDP growth in second quarter

Posted on July 8, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.92% against the USD and closed at 1.5460, following mixed economic data in the UK. Data released showed that industrial production in the nation unexpectedly jumped 0.4% MoM … Continue reading →

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