AUD/USD: The RBA kept interest rates unchanged at 2%

Posted on July 7, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad higher against the USD to close at 0.7492. LME Copper prices declined 3.32% or $191.5MT to $5570.0/MT. Aluminium prices declined 2.43% or $41.0/MT to $1644.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on July 7, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2648. On the macro front, Canada’s Ivey PMI slid to a 3-month low of 55.9 in June, after hitting a 19-month high … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s unemployment rate data

Posted on July 7, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CHF and closed at 0.9426. The Swiss Franc rose ground, on the back of upbeat CPI data. Data showed that consumer prices in Switzerland … Continue reading →

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

Posted on July 7, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.21% against the JPY and closed at 122.61. In economic news, the preliminary leading economic index in Japan fell to 106.20 in May, in line with market expectations … Continue reading →

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GBP/USD: Pound trading lower ahead of UK’s industrial and manufacturing production figures

Posted on July 7, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5604, rebounding back from its earlier session losses. In the Asian session, at GMT0300, the pair is trading at 1.5588, with … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on July 7, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1056, as uncertainty remained over Greece’s future in the Euro-zone. Yesterday, the German Chancellor, Angela Merkel as well as the French … Continue reading →

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USD/JPY: Japanese Yen extends its gains this morning

Posted on July 6, 2015 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.22% against the JPY and closed at 122.78. In the Asian session, at GMT0300, the pair is trading at 122.52, with the USD trading 0.21% lower from Friday’s close. Early this morning, the … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on July 6, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP declined 0.15% against the USD and closed at 1.5585. In economic news, services activity in Britain bounced back more than anticipated pace in June, suggesting an improvement in the nation’s economic recovery. Data showed … Continue reading →

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EUR/USD: Greece voted “NO”, rejects the creditor’s bailout offer

Posted on July 6, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.17% against the USD and closed at 1.1107, In economic news, Germany’s final services PMI edged up to a level of 53.80 in June, compared to a level of 53.0 in the previous … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on July 6, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 1.42% against the USD to close at 0.7528. LME Copper prices rose 0.01% or $0.5/MT to $5761.5/MT. Aluminium prices declined 0.47% or $8.0/MT to $1685.0/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s Ivey PMI data

Posted on July 6, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.10% against the CAD to close at 1.2555. The Canadian Finance Minister, Joe Oliver, mentioned that the nation will avoid a recession in 2015, despite data disclosing that the economy shrank in the … Continue reading →

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