USD/CHF: Swiss Franc reverses its losses this morning

Posted on May 12, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9345. In the Asian session, at GMT0300, the pair is trading at 0.9335, with the USD trading 0.1% lower from yesterday’s … Continue reading →

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

Posted on May 12, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 120.13. In the Asian session, at GMT0300, the pair is trading at 120.18, with the USD trading a tad higher from … Continue reading →

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GBP/USD: The BoE held interest rates steady in May

Posted on May 12, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.88% against the USD and closed at 1.5576, extending its previous session gains. Yesterday, the BoE’s Monetary Policy Committee (MPC) kept its benchmark rates unchanged at a record … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on May 12, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.1150. Yesterday, Greece confirmed that it will repay its €750 million loan instalment to the IMF, following a Euro-Group meeting in … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on May 11, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.30% against the USD and closed at 1.1205. In economic news, the seasonally adjusted industrial production in Germany unexpectedly fell 0.5% MoM in March, compared to an increase of 0.2% registered in the … Continue reading →

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AUD/USD: Australian business confidence remained steady in April, indicated the NAB

Posted on May 11, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.34% against the USD to close at 0.7928. LME Copper prices declined 0.63% or $40.5/MT to $6396.5/MT. Aluminium prices declined 0.35% or $6.5/MT to $1864.0/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on May 11, 2015 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.11% against the CAD to close at 1.2092, after the US non-farm payrolls increased less than expected in April. In economic news, Canada’s unemployment rate remained unchanged at 6.8% in April, lower than … Continue reading →

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USD/CHF: The SNB will intervene in the market if required, indicated the Chairman, Thomas Jordan

Posted on May 11, 2015 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.95% against the CHF and closed at 0.9312. The Swiss Franc lost ground, after Switzerland’s CPI surprisingly slid 0.2% on a monthly basis in April, compared to a 0.1% rise and following an … Continue reading →

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

Posted on May 11, 2015 by GCI Financial

USDJPY Movement On Friday, the USD traded a tad higher against the JPY and closed at 119.74, after the US unemployment rate edged down in April. In the Asian session, at GMT0300, the pair is trading at 119.88, with the … Continue reading →

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GBP/USD: Pound trading on a weaker footing ahead of the BoE’s interest rate decision

Posted on May 11, 2015 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.49% against the USD and closed at 1.5449, after UK Prime Minister, David Cameron regained power as Conservative party registered victory in Britain’s general elections. In economic news, the UK trade deficit narrowed to … Continue reading →

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AUD/USD: The RBA cuts GDP growth forecasts

Posted on May 8, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.7902. LME Copper prices rose 0.57% or $36.5/MT to $6437.0/MT. Aluminium prices declined 2.35% or $45.0/MT to $1870.5/MT. In the Asian … Continue reading →

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