EUR/USD: Euro trading higher ahead of Germany’s manufacturing PMI data

Posted on May 21, 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 1.1094. In economic news, Germany’s producer price index rose 0.10% MoM in April, compared to a similar rise in the previous … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on May 21, 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 0.7872. LME Copper prices declined 0.99% or $62.0/MT to $6208.0/MT. Aluminium prices declined 0.06% or $1.0/MT to $1749.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on May 21, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.2204. In economic news, wholesale sales in Canada rebounded 0.8% MoM in March, less than market expected increase of 0.9%. It … Continue reading →

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

Posted on May 21, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CHF and closed at 0.9370. On the macro front, Switzerland’s ZEW economic expectations index climbed to a reading of -0.10 in May. In … Continue reading →

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USD/JPY: Japan’s manufacturing PMI rebounded in May

Posted on May 21, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 121.24. Yesterday, the final leading economic index in Japan advanced to 106.00 in March, compared to a reading of 105.50 recorded … Continue reading →

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

Posted on May 21, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.5537, as traders digested the release of the BoE minutes from its recent monetary policy meeting. The minutes showed that the … Continue reading →

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USD/JPY: Japan’s Q1 GDP grew faster than expected

Posted on May 20, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.60% against the JPY and closed at 120.67. In the Asian session, at GMT0300, the pair is trading at 120.91, with the USD trading 0.19% higher from yesterday’s … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on May 20, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.7917. LME Copper prices declined 1.77% or $113.0/MT to $6270.0/MT. Aluminium prices declined 2.51% or $45.0/MT to $1750.0/MT. In the Asian … Continue reading →

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

Posted on May 20, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.2231. Yesterday, the BoC Governor, Stephen Poloz, reiterated that the Canadian economy was gradually recovering and is headed in the right … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s ZEW data

Posted on May 20, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.20% against the CHF and closed at 0.9371. Yesterday, the SNB’s Vice-Chairman, Jean-Pierre Danthine, mentioned that the central bank is aware of the risks posed by negative interest … Continue reading →

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GBP/USD: Britain’s inflation dived into deflation

Posted on May 20, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.95% against the USD and closed at 1.5512, as the UK’s inflation entered into negative territory for the first time since 1960 in April. Data showed that the … Continue reading →

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