AUD/USD: Australian retail sales advanced less than expected in March

Posted on May 6, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.03% against the USD to close at 0.7922. LME Copper prices rose 0.75% or $48.0/MT to $6410.0/MT. Aluminium prices declined 0.44% or $8.5/MT to $1910.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher ahead of Canada’s Ivey PMI data

Posted on May 6, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD fell 0.10% against the CAD to close at 1.2082. In economic news, Canada’s international merchandise trade deficit came in at C$ 3.02 billion in March, following a revised trade … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on May 6, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CHF and closed at 0.9277. In the Asian session, at GMT0300, the pair is trading at 0.9261, with the USD trading 0.17% lower from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on May 6, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 119.93. In the Asian session, at GMT0300, the pair is trading at 119.94, with the USD trading a tad higher from … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a stronger footing ahead of UK’s construction PMI data

Posted on May 6, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.5172. Gains in Pound were kept in check, after Britain’s Markit construction PMI eased to 54.2, registering its lowest reading in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher ahead of the Euro-zone’s retail sales data

Posted on May 6, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1179, on the back of upbeat assessment of the European economy by the European Commission. Yesterday, the European Commission (EC) reported … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: The RBA cuts interest rates to historic low

Posted on May 5, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.7841. LME Copper prices rose 1.87% or $117.0/MT to $6362.0/MT. Aluminium prices rose 0.50% or $9.5/MT to $1919.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on May 5, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD to close at 1.2094. Data released on Friday indicated that RBC’s manufacturing PMI for Canada rose to a level of 49.0 in April, but … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on May 5, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9344. In economic news, Switzerland’s SVME manufacturing PMI remained steady at a level of 47.90 in April, lower than market expectations … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen reverses its gains this morning

Posted on May 5, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the JPY and closed at 120.13. In the Asian session, at GMT0300, the pair is trading at 120.16, with the USD trading slightly higher … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading marginally higher ahead of the UK’s Markit construction PMI data

Posted on May 5, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5117. On Friday, data showed that the manufacturing PMI in the UK unexpectedly fell to a 7-month low reading of 51.9 … Continue reading →

Posted in GBP/USD | Comments Off