USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on March 25, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the JPY and closed at 119.74, after upbeat US inflation and housing data underpinned the case for an increase in interest rate by the Federal Reserve … Continue reading →

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GBP/USD: British Pound loses momentum as UK CPI falls to 0

Posted on March 25, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.85% against the USD and closed at 1.4845, after official data revealed that the UK inflation rate dropped to zero in February on an annual basis, thereby strengthening … Continue reading →

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EUR/USD: Fed should start hiking interest rates, Fed’s James Bullard

Posted on March 25, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0913. On the macro front, Euro-zone’s preliminary manufacturing PMI climbed to 51.90 in March, compared to a level of 51.00 in … Continue reading →

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AUD/USD: Aussie reverses its gains in the Asian session

Posted on March 24, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.41% against the USD to close at 1.41%. In economic news, the CB leading index in Australia rose 0.4%in January, compared to a similar gain recorded in February. … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on March 24, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.2507. In the Asian session, at GMT0400, the pair is trading at 1.2543, with the USD trading 0.29% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss peg removal weakened the nation’s GDP outlook, indicated the IMF

Posted on March 24, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.35% against the CHF and closed at 0.9647. In economic news, Swiss M3 money supply rose 2.3% YoY in February, down from prior month’s rise of 2.9%. Separately, … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on March 24, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 119.64. Yesterday, the Japanese Government upgraded its assessment of Japan’s economy for the first time in eight months, citing improvement in … Continue reading →

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GBP/USD: Pound trading on a weaker footing ahead of Britain’s consumer prices data

Posted on March 24, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.4972. Yesterday, data revealed that Britain’s CBI trends selling prices fell to a level of 4.00 in March, compared to a … Continue reading →

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

Posted on March 24, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.0963. In economic news, the preliminary consumer confidence index in the Euro-zone improved to -3.70 in March, compared to a reading … Continue reading →

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AUD/USD: Aussie trading stronger this morning

Posted on March 23, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 1.58% against the USD to close at 0.7774. LME Copper prices rose 1.46% or $85.0/MT to $5920.0/MT. Aluminium prices declined 1.09% or $19.5/MT to $1763.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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

Posted on March 23, 2015 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.99% against the CAD to close at 1.2581. The CAD gained ground, after consumer prices in Canada rebounded 0.2% on a monthly basis in February, following a similar drop registered in the preceding … Continue reading →

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