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

Posted on June 1, 2015 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.24% against the JPY and closed at 124.12. In the Asian session, at GMT0300, the pair is trading at 124.15, with the USD trading a tad higher from Friday’s close. Earlier today, Japan’s … Continue reading →

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GBP/USD: Pound trading a tad higher ahead of Britain’s Markit manufacturing data

Posted on June 1, 2015 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined 0.25%against the USD and closed at 1.5283. Data released showed that Lloyds business barometer in the UK climbed to 55.00 in May, compared to a level of 53.00 in the prior month. In … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s CPI data

Posted on June 1, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.14% against the USD and closed at 1.0983. Meanwhile, market participants continue to closely monitor developments in the debt negotiations between Greece and its international creditors. Data released showed that German retail sales … Continue reading →

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GBP/USD: Britain’s grows less than expected

Posted on May 29, 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 1.5321, as a disappointing UK’s first quarter GDP data dampened investor sentiment. Data showed that the second estimate of UK’s GDP … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on May 29, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.98% against the USD to close at 0.7658. LME Copper prices rose 0.53% or $32.0/MT to $6117.0/MT. Aluminium prices rose 1.18% or $20.0/MT to $1719.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s Q1 GDP data

Posted on May 29, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD to close at 1.2424, reversing its previous session gains. In economic news, Canada’s current account deficit expanded to C$17.50 billion in 1Q 2015, compared … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing ahead of Switzerland’s Q1 GDP data

Posted on May 29, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CHF and closed at 0.9425. On the macro front, industrial production in Switzerland retreated 0.5% QoQ in the first quarter of 2015, following a 2.7% … Continue reading →

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USD/JPY: Japan’s CPI came in weak at 0.6%

Posted on May 29, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 123.83. Yesterday, the BoJ Governor, Haruhiko Kuroda, mentioned that he does not see any “asset bubble” emerging in the Japanese economy … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s retail sales data

Posted on May 29, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.0968, as forex traders continuously monitored high-level discussions in Brussels regarding the Greek debt crisis. In the US, number of people … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on May 28, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.10% against the USD to close at 0.7733. LME Copper prices declined 0.81% or $49.5/MT to $6085.0/MT. Aluminium prices declined 0.64% or $11.0/MT to $1699.5/MT. In the Asian … Continue reading →

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USD/CAD: The BoC kept interest rates intact

Posted on May 28, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.2454, extending its previous session gains. Yesterday, the BoC left its benchmark interest rate untouched at 0.75%, in line with market … Continue reading →

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