USD/CAD: Loonie trading a tad lower ahead of Canada’s unemployment rate data

Posted on May 8, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD to close at 1.2106. On the macro front, Canada’s building permits rebounded 11.6% on a monthly basis, registering its first increase in 3-months in … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of the SNB President’s speech

Posted on May 8, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CHF and closed at 0.9225, rebounding from its previous session losses. In economic news, Switzerland’s SECO consumer confidence index remained unchanged at -6.0 in April, … Continue reading →

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USD/JPY: Japan’s economy continues to recover, indicated the BoJ minutes

Posted on May 8, 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 119.72. In the Asian session, at GMT0300, the pair is trading at 119.96, with the USD trading 0.2% higher from yesterday’s … Continue reading →

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GBP/USD: Exit poll predicts Conservative win in UK general elections

Posted on May 8, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.87% against the USD and closed at 1.5374, after the first exit polls showed that Britain’s Prime Minister, David Cameron would retain his power. In the Asian session, … Continue reading →

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EUR/USD: Euro trading lower ahead of series of economic data from Germany

Posted on May 8, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.92% against the USD and closed at 1.1239. In economic news, German factory orders rose 0.9% on a monthly basis in March, following two successive months of decline … Continue reading →

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EUR/USD: Euro trading flat ahead of Germany’s construction PMI data

Posted on May 7, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.46% against the USD and closed at 1.1343, after the final estimate of the Euro-zone’s services PMI rose more than expected in April. Yesterday, the Euro-zone’s services PMI … Continue reading →

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AUD/USD: Australia’s unemployment rate edged up in April

Posted on May 7, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.57% against the USD to close at 0.7967. LME Copper prices declined 0.15% or $9.5/MT to $6400.5/MT. Aluminium prices rose 0.26% or $5.0/MT to $1915.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower ahead of Canada’s building permits data

Posted on May 7, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2038, after the ADP reported that job creation in the US decelerated in April. The CAD traded on a stronger footing, … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing ahead of Switzerland’s SECO consumer confidence data

Posted on May 7, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.23% against the CHF and closed at 0.9163, after the private sector employment in the US advanced less than expected in April. In the Asian session, at GMT0300, … Continue reading →

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USD/JPY: Japan’s services sector swung back into expansion territory

Posted on May 7, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 119.41, following soft economic data in the US. In the Asian session, at GMT0300, the pair is trading at 119.55, with … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of UK elections

Posted on May 7, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.5241, as Britain’s service sector activity expanded at the fastest pace in eight months for April. Data showed that Britain’s services … Continue reading →

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