EUR/USD: Euro trading on a weaker footing in the Asian session

Posted on May 20, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.52% against the USD and closed at 1.1147, mainly because of dovish comments from the ECB official along with Germany’s disappointing ZEW survey data. Yesterday, ECB’s Executive Board … Continue reading →

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GBP/USD: Pound trading lower ahead of Britain’s crucial inflation data

Posted on May 19, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.49% against the USD and closed at 1.5661. In the Asian session, at GMT0300, the pair is trading at 1.5648, with the GBP trading 0.08% lower from yesterday’s … Continue reading →

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AUD/USD: The RBA open to more rate cuts, indicated the RBA minutes

Posted on May 19, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.56% against the USD to close at 0.7994, extending its previous session losses. LME Copper prices rose 0.42% or $27.0/MT to $6383.0/MT. Aluminium prices declined 0.99% or $18.0/MT … Continue reading →

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USD/CAD: Loonie trading on a stronger footing ahead of the BoC Governor’s speech

Posted on May 19, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.11% against the CAD to close at 1.2154, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.2145, with the USD … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on May 19, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9261. In economic news, Switzerland’s real retail sales eased 2.8% YoY in March, following a drop of 2.7% recorded in the … Continue reading →

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

Posted on May 19, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.45% against the JPY and closed at 119.96. In the Asian session, at GMT0300, the pair is trading at 119.97, with the USD trading marginally higher from yesterday’s … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s ZEW survey

Posted on May 19, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.08% against the USD and closed at 1.1320. Yesterday, the ECB policymaker, Yves Mersch stated that the ECB would continue with its QE program and have no intention … Continue reading →

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

Posted on May 18, 2015 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.11% against the JPY and closed at 119.33. In the Asian session, at GMT0300, the pair is trading at 119.63, with the USD trading 0.25% higher from yesterday’s close. In economic news, industrial … Continue reading →

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

Posted on May 18, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.47% against the USD to close at 0.8042. LME Copper prices declined 0.67% or $-43.0/MT to $6356.0/MT. Aluminium prices declined 1.79% or $33.0/MT to $1813.0/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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

Posted on May 18, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.33% against the CAD to close at 1.2024. On the macro front, Canada’s existing home sales rose 2.3% on a MoM basis in April, compared to a rise of 4.1% recorded in the … Continue reading →

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

Posted on May 18, 2015 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.34% against the CHF and closed at 0.9157. In economic news, the producer and import price index in Switzerland eased 2.1% on a monthly basis in April, compared to an advance of 0.20% … Continue reading →

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