AUD/USD: More interest rate cuts on the cards, indicated the RBA minutes

Posted on March 17, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.18% against the USD to close at 0.7643. LME Copper prices declined 0.12% or $7.0/MT to $5853.0/MT. Aluminium prices rose 0.97% or $17.0/MT to $1761.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on March 17, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD to close at 1.2775. In the Asian session, at GMT0400, the pair is trading at 1.2791, with the USD trading 0.12% higher from yesterday’s … Continue reading →

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

Posted on March 17, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 1.0076. The Swiss Franc lost ground, after Switzerland’s real retail sales dropped 0.3% YoY in January, following a rise of 1.9% … Continue reading →

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USD/JPY: The BoJ maintained its stimulus

Posted on March 17, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the JPY and closed at 121.37. In the Asian session, at GMT0400, the pair is trading at 121.38, with the USD trading a tad … Continue reading →

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GBP/USD: Pound trading on a weaker footing this morning

Posted on March 17, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.48% against the USD and closed at 1.4825. In the Asian session, at GMT0400, the pair is trading at 1.4821, with the GBP trading marginally lower from yesterday’s … Continue reading →

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EUR/USD: Euro reverses its gains ahead of Germany’s ZEW’s economic survey data

Posted on March 17, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.0571. Yesterday, the ECB announced that it has spent €9.75 billion buying government bonds, in the first week of its programme … Continue reading →

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

Posted on March 16, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.96% against the USD to close at 0.7627. LME Copper prices declined 0.09% or $5.5/MT to $5860.0/MT. Aluminium prices rose 0.11% or $2.0/MT to $1744.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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

Posted on March 16, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.78% against the CAD to close at 1.2789. The CAD lost ground, after Canada’s unemployment rate increased to 6.8% in February, higher than market expectations of an advance to 6.7% and compared to … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower ahead of Switzerland’s real retail sales data

Posted on March 16, 2015 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.26% against the CHF and closed at 1.0054, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.0058, with the USD trading a tad higher … Continue reading →

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

Posted on March 16, 2015 by GCI Financial

USDJPY Movement On Friday, the USD traded a tad higher against the JPY and closed at 121.42. In the Asian session, at GMT0400, the pair is trading at 121.34, with the USD trading 0.07% lower from Friday’s close. The pair … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on March 16, 2015 by GCI Financial

GBPUSD Movement On Friday, the GBP declined 0.96% against the USD and closed at 1.4749, on the back of downbeat UK construction output data. Britain’s seasonally adjusted construction output data unexpectedly slid 2.6% on a monthly basis, declining for the … Continue reading →

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