EUR/USD: Euro trading lower ahead of the European Commission economic growth forecast

Posted on May 5, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1146. In economic news, the final manufacturing PMI in Germany fell to 52.10 in April, compared to a 11-month high reading … Continue reading →

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EUR/USD: Euro reverses its gains this morning

Posted on May 1, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1213 as deflation fears retreated in the euro region after Euro-zone’s preliminary consumer price index remained flat YoY in April, compared … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on May 1, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.16% against the USD to close at 0.7905, reversing its previous session gains. LME Copper prices rose 2.33% or $142.0/MT to $6245.0/MT. Aluminium prices rose 1.01% or $19.0/MT … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s RBC manufacturing PMI data

Posted on May 1, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.2076, on the back of positive economic data in the US. In economic news, Canada’s GDP remained flat on a monthly … Continue reading →

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

Posted on May 1, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CHF and closed at 0.9335. On the macro front, Switzerland’s KOF economic barometer unexpectedly fell to a level of 89.50 in April. In the prior … Continue reading →

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USD/JPY: Japan’s national CPI advanced more than expected in March

Posted on May 1, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.33% against the JPY and closed at 119.42. In the Asian session, at GMT0300, the pair is trading at 119.69, with the USD trading 0.23% higher from yesterday’s … Continue reading →

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GBP/USD: Pound extends its losses ahead of Britain’s manufacturing PMI data

Posted on May 1, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.50% against the USD and closed at 1.5351. In the Asian session, at GMT0300, the pair is trading at 1.5343, with the GBP trading marginally lower from yesterday’s … Continue reading →

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EUR/USD: Euro trading a tad lower ahead of the Euro-zone’s inflation data

Posted on April 30, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.31% against the USD and closed at 1.1117, after the preliminary estimate of consumer price inflation edged up in Germany on an annual basis in April. Data showed … Continue reading →

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AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on April 30, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.18% against the USD to close at 0.7999. LME Copper prices rose 0.21% or $12.5/MT to $6103.0/MT. Aluminium prices rose 1.20% or $22.5/MT to $1890.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s GDP data

Posted on April 30, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.2018, after the US annualized GDP rose less than expected in the first quarter of 2015. On the macro front, industrial … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower ahead of Switzerland’s KOF leading indicator data

Posted on April 30, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.67% against the CHF and closed at 0.9399, on the back of downbeat annualized GDP data in the US. The Swiss Franc gained ground, after Switzerland’s UBS consumption … Continue reading →

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