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

Posted on March 19, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.70% against the CAD to close at 1.2573, despite the US Fed dropping the “patient” word from its monthly monetary statement. In economic news, wholesale sales in Canada … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of the SNB’s interest rate decision

Posted on March 19, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.31% against the CHF and closed at 0.9827, after the US Fed ruled out an interest rate hike at the April FOMC meeting. The Swiss Franc traded higher, … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing ahead of the BoJ minutes.

Posted on March 19, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.92% against the JPY and closed at 120.23, after the Fed downgraded the economic growth as well as the inflation outlook of the US. Yesterday, the BoJ in … Continue reading →

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GBP/USD: UK Chancellor raised Britain’s economic growth forecasts for 2015 and 2016

Posted on March 19, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.35% against the USD and closed at 1.4948, after the UK Chancellor, George Osborne upgraded the nation’s growth forecasts to 2.5% from 2.4% in 2015 and to 2.3% … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on March 19, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 2.25% against the USD and closed at 1.0832. The greenback lost ground, after the Fed lowered the US economic and inflation outlook for this year and remained dovish … Continue reading →

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AUD/USD: Aussie trading flat this morning

Posted on March 18, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.27% against the USD to close at 0.7623. LME Copper prices declined 1.50% or $88.0/MT to $5765.0/MT. Aluminium prices rose 0.51% or $9.0/MT to $1770.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat this morning

Posted on March 18, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.2790. In economic news, manufacturing shipments slid 1.7% on a monthly basis in January, higher than market expected drop of 1.2% … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher ahead of Switzerland’s ZEW economic survey data

Posted on March 18, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 1.0059, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1.0057, with the USD … Continue reading →

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USD/JPY: Japanese Yen trading flat in the Asian session

Posted on March 18, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the JPY and closed at 121.35. The Japanese currency gained ground, after Japan’s final Leading and Coincident indices edged up in February. Data indicated that … Continue reading →

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GBP/USD: Pound trading higher ahead of the UK ILO unemployment rate data

Posted on March 18, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.52% against the USD and closed at 1.4748. In the Asian session, at GMT0400, the pair is trading at 1.4761, with the GBP trading 0.09% higher from yesterday’s … Continue reading →

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

Posted on March 18, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.0593, on the back of positive economic data in the Euro-zone and Germany. Data showed that Germany’s ZEW economic sentiment index … Continue reading →

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