GBP/USD: Pound trading weaker ahead of the BoE Governor’s speech

Posted on March 12, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.89% against the USD and closed at 1.4935, following dismal industrial as well as manufacturing production data in the UK. Industrial production in Britain unexpectedly slid 0.1% on … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s consumer prices inflation data

Posted on March 12, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.30% against the USD and closed at 1.0551. Yesterday, the ECB President, Mario Draghi remained optimistic about the economic revival in the Euro-economy and backed the central bank’s … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on March 11, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.79% against the USD to close at 0.7631. Yesterday, the RBA Assistant Governor, Christopher Kent stated that the Australian dollar was still having elevated value and continued to … Continue reading →

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USD/CAD: Loonie extends its losses this morning

Posted on March 11, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CAD to close at 1.2683. In the Asian session, at GMT0400, the pair is trading at 1.2694, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on March 11, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.24% against the CHF and closed at 0.9986. The Swiss Franc lost ground, after the seasonally adjusted unemployment rate in Switzerland edged up to 3.2% in February, from … Continue reading →

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

Posted on March 11, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.20% against the JPY and closed at 121.10. In economic news, machine tool orders in Japan registered a rise of 28.9% YoY in February, up from previous month’s … Continue reading →

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GBP/USD: Pound trading a tad higher ahead of the NIESR’s GDP forecast

Posted on March 11, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5069. Yesterday, the BoE Chief, Mark Carney, opined that it would be “extremely foolish” to cut interest rate or expand quantitative … Continue reading →

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EUR/USD: Euro trading lower ahead of the ECB President’s speech

Posted on March 11, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.43% against the USD and closed at 1.0690. In economic news, industrial production in France recorded an unexpected rise of 0.40% in January, compared to market expectations for … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on March 10, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.33% against the USD to close at 0.7692. LME Copper prices declined 0.45% or $26.5/MT to $5800.0/MT. Aluminium prices declined 1.37% or $24.5/MT to $1760.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on March 10, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.2618. The CAD lost ground, after housing starts in Canada rose to 156.30K, down from previous month’s revised level of 187.0K. … Continue reading →

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USD/CHF: Swiss Franc trading weaker ahead of Switzerland’s unemployment rate

Posted on March 10, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9864, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 0.9894, with the USD … Continue reading →

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