EUR/USD: Euro trading higher ahead of the Euro-zone’s manufacturing PMI data

Posted on April 1, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.84% against the USD and closed at 1.0740. In economic news, Germany’s unemployment rate surprisingly hit a record low of 6.4% in March since 1990, compared to a … Continue reading →

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

Posted on April 1, 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 0.7618. LME Copper prices declined 0.97% or $59.5/MT to $6050.5/MT. Aluminium prices rose 0.70% or $12.5/MT to $1789.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s economy contracted to start 2015

Posted on April 1, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.2679. Canada’s GDP shrank 0.1% on a monthly basis, registering second negative GDP figure in the past three months in … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing ahead of Switzerland’s SVME PMI data

Posted on April 1, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9716. In the Asian session, at GMT0300, the pair is trading at 0.9699, with the USD trading 0.17% lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen extends its previous session gains in the Asian session

Posted on April 1, 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 120.01. In the Asian session, at GMT0300, the pair is trading at 119.56, with the USD trading 0.38% lower … Continue reading →

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GBP/USD: Britain’s 4Q GDP revised up

Posted on April 1, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.4830, following upbeat 4Q GDP figures in the UK. Britain’s GDP unexpectedly grew 0.6% on a quarterly basis in 4Q 2014, … Continue reading →

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EUR/USD: Euro trading lower ahead of the Euro-zone’s CPI data

Posted on March 31, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 48% against the USD and closed at 1.0832, as investors shrugged off better than expected Germany’s preliminary CPI data. Data showed that Germany’s preliminary consumer prices climbed 0.50% … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on March 31, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.07% against the USD to close at 0.7656. LME Copper prices declined 0.59% or $36.0/MT to $6110.0/MT. Aluminium prices rose 0.25% or $4.5/MT to $1776.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing ahead of Canada’s GDP data

Posted on March 31, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CAD to close at 1.2680. Yesterday, the BoC Governor, Stephen Poloz mentioned that declining oil prices was having an “atrocious” effect on the Canadian economy … Continue reading →

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USD/CHF: Swiss Franc extends its losses this morning

Posted on March 31, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CHF and closed at 0.9672. On the macro front, Switzerland’s KOF economic barometer climbed unexpectedly to 90.80 in March, compared to a revised reading of … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

Posted on March 31, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.70% against the JPY and closed at 120.07 In the Asian session, at GMT0300, the pair is trading at 120.09, with the USD trading a tad higher from … Continue reading →

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