GBP/USD: Pound trading lower ahead of UK’s 4Q GDP data

Posted on March 31, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.4808. In economic news, number of mortgage approvals for house purchases in Britain rose more than market expectations to a level … Continue reading →

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

Posted on March 30, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 1.04% against the USD to close at 0.7749. LME Copper prices declined 1.35% or $84.0/MT to $6146.0/MT. Aluminium prices declined 0.64% or $11.5/MT to $1772.0/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Loonie extends its losses this morning

Posted on March 30, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 1.03% against the CAD to close at 1.2610. In the Asian session, at GMT0300, the pair is trading at 1.2619, with the USD trading 0.07% higher from Friday’s close. The pair is expected … Continue reading →

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

Posted on March 30, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.28% against the CHF and closed at 0.9604. In the Asian session, at GMT0300, the pair is trading at 0.9619, with the USD trading 0.15% higher from Friday’s close. The pair is expected … Continue reading →

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

Posted on March 30, 2015 by GCI Financial

USDJPY Movement On Friday, the USD traded marginally lower against the JPY and closed at 119.18. In the Asian session, at GMT0300, the pair is trading at 119.22, with the USD trading a tad higher from Friday’s close. Early morning … Continue reading →

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GBP/USD: BoE’s next move would likely be a rate hike, said the BoE’s Governor

Posted on March 30, 2015 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.09%against the USD and closed at 1.4866. The BoE Governor, Mark Carney stated that the central bank was on track to increase interest rates in the UK, even though the nation was facing low … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s CPI data

Posted on March 30, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.09% against the USD and closed at 1.0892. In economic news, Germany’s import price index rebounded 1.4% on a monthly basis in February, beating market expectations for an advance of 0.5% and following … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on March 27, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.08% against the USD to close at 0.7830. LME Copper prices rose 1.56% or $95.5/MT to $6230.0/MT. Aluminium prices rose 1.11% or $19.5/MT to $1783.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on March 27, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD to close at 1.2481. Yesterday, the BoE Governor, Stephen Poloz, citing sliding oil prices, indicated that the Canadian economy would miss the central bank’s … Continue reading →

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USD/CHF: The Swiss KOF institute raised its growth forecasts for Switzerland

Posted on March 27, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9631, following positive economic data in the US. Yesterday, the Swiss KOF Economic Institute upgraded Switzerland’s economic growth forecast and expected … Continue reading →

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USD/JPY: Japanese national CPI advanced less than expected in February

Posted on March 27, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 119.20 as safe haven buying benefitted the Japanese yen. In the Asian session, at GMT0400, the pair is trading at 119.32, … Continue reading →

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