GBP/USD: UK construction output bounced back sharply in March

Posted on May 18, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP fell 0.25% against the USD and closed at 1.5734. On the macro front, construction output in the UK jumped slightly less-than-expected 3.9% in March on a monthly basis, snapping a 4 months streak of … Continue reading →

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EUR/USD: Euro trading on a weaker footing this morning

Posted on May 18, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.38% against the USD and closed at 1.1447. The greenback lost ground, following weak economic data in the US. Data released showed that the preliminary Reuters/Michigan consumer sentiment index in the US unexpectedly … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s existing home sales data

Posted on May 15, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.1985. On the macro front, Canada’s new housing price index remained unchanged on a monthly basis in March, compared to a … Continue reading →

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USD/JPY: No need to ease further now, indicated the BoJ Governor

Posted on May 15, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 119.20. In economic news, preliminary machine tool orders in Japan advanced 10.40% on an annual basis, in April. It had risen … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on May 15, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.49% against the USD to close at 0.8080. LME Copper prices declined 0.26% or $17.0/MT to $6399.0/MT. Aluminium prices declined 0.75% or $14.0/MT to $1846.0/MT. In the Asian … Continue reading →

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

Posted on May 15, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CHF and closed at 0.9126. In the Asian session, at GMT0300, the pair is trading at 0.9128, with the USD trading marginally higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading flat in the Asian session

Posted on May 15, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.5774, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.5774, with the GBP … Continue reading →

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EUR/USD: European monetary stimulus will continue till it is required, mentioned the ECB Chief

Posted on May 15, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1403, after the ECB Chief, Mario Draghi mentioned that the economic stimulus program was working and the central bank will continue … Continue reading →

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EUR/USD: Euro trading a tad lower in the Asian session

Posted on May 14, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.20% against the USD and closed at 1.1351, after the preliminary estimate of the Euro-zone’s GDP growth accelerated in Q1 2015. Yesterday’s data showed that the Euro-zone’s seasonally … Continue reading →

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AUD/USD: Aussie trading a tad higher this morning

Posted on May 14, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.74% against the USD to close at 0.8120, extending its previous session gains. LME Copper prices declined 0.50% or $32.0/MT to $6416.0/MT. Aluminium prices rose 0.27% or $5.0/MT … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on May 14, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.63% against the JPY and closed at 119.13. In the Asian session, at GMT0300, the pair is trading at 119.24, with the USD trading 0.1% higher from yesterday’s … Continue reading →

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