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

Posted on March 23, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 1.26% against the CHF and closed at 0.9769, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 0.9774, with the USD trading marginally higher from Friday’s … Continue reading →

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USD/JPY: Japanese Yen extends its gains this morning

Posted on March 23, 2015 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.61% against the JPY and closed at 120.08. In the Asian session, at GMT0400, the pair is trading at 119.89, with the USD trading 0.16% lower from Friday’s close. Early this morning, the … Continue reading →

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GBP/USD: Pound trading higher this morning

Posted on March 23, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP rose 1.22% against the USD and closed at 1.4943. In economic news, public sector net borrowing in the UK rose to £6.20 billion in February, as compared to market anticipations were for it to … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on March 23, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 1.32% against the USD and closed at 1.0809. In economic news, the producer price index in Germany recorded a rise of 0.10% MoM in February, less than market expectations for a rise of … Continue reading →

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GBP/USD: Pound trading a tad higher this morning

Posted on March 20, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.24% against the USD and closed at 1.4763, following dovish statement made by the BoE Chief Economist, Andrew Haldane that chances of a rate cut or hike by … Continue reading →

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AUD/USD: Australia to have a below average growth period, indicated the RBA Governor

Posted on March 20, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.42% against the USD to close at 0.7653. LME Copper prices rose 2.50% or $142.5/MT to $5835.0/MT. Aluminium prices rose 0.62% or $11.0/MT to $1782.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on March 20, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CAD to close at 1.2707, reversing from its previous session heavy losses. In the Asian session, at GMT0400, the pair is trading at 1.2688, with … Continue reading →

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USD/CHF: The SECO slashed Swiss GDP outlook

Posted on March 20, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.68% against the CHF and closed at 0.9894. The Swiss Franc lost ground, after Switzerland’s SECO downgraded the nation’s GDP growth forecast to 0.9% in 2015, compared to … Continue reading →

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

Posted on March 20, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.49% against the JPY and closed at 120.82. In the Asian session, at GMT0400, the pair is trading at 120.78, with the USD trading marginally lower from yesterday’s … Continue reading →

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EUR/USD: Euro reversing its losses this morning

Posted on March 20, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.51% against the USD and closed at 1.0668, reversing its previous session gains. In the US, number of people claiming unemployment benefits for the first time rose less … Continue reading →

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

Posted on March 19, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.84% against the USD to close at 0.7764, after the Fed statement cooled expectations of an imminent rate hike in its next month’s meeting, even after the policy-setting … Continue reading →

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