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

Posted on March 10, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 121.34. Yesterday, data revealed that Japan’s Eco Watchers Survey for the current situation recorded a rise to 50.1 in February, compared … Continue reading →

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

Posted on March 10, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.5112. In the Asian session, at GMT0400, the pair is trading at 1.5084, with the GBP trading 0.18% lower from yesterday’s … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on March 10, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally higher against the USD and closed at 1.0845.On the macro front, the Euro-zone’s Sentix investor confidence index advanced to its highest level of 18.6 since August 2007 … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on March 9, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 1.01% against the CAD to close at 1.2611, following upbeat economic data in the US. In economic news, building permits in Canada slid 12.9% MoM in January, higher than market expectations for a … Continue reading →

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

Posted on March 9, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.84% against the USD to close at 0.7717. LME Copper prices declined 0.50% or $29.5/MT to $5826.5/MT. Aluminium prices declined 0.17% or $3.0/MT to $1785.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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

Posted on March 9, 2015 by GCI Financial

USDCHF Movement On Friday, the USD rose 1.17% against the CHF and closed at 0.9850, on the back of stronger than expected non-farm and jobless rate data in the US. On the macro front, the CPI in Switzerland unexpectedly eased … Continue reading →

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USD/JPY: The Japanese GDP advanced less than expected in 4Q 2014

Posted on March 9, 2015 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.52% against the JPY and closed at 120.73. In the Asian session, at GMT0400, the pair is trading at 121.06, with the USD trading 0.27% higher from Friday’s close. Early this morning, the … Continue reading →

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

Posted on March 9, 2015 by GCI Financial

GBPUSD Movement On Friday, GBP declined 1.36% against the USD and closed at 1.5042, following BoE’s downbeat assessment of the nation’s inflation growth for the next 12 months. The BoE’s expectation for the UK inflation over the next 12 months … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s trade balance data

Posted on March 9, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR declined 1.58% against the USD and closed at 1.0855. In economic news, the Euro-zone’s economy grew 0.3% QoQ in the final quarter of 2014, in line with market expectations and compared to a growth … Continue reading →

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

Posted on March 6, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.47% against the USD to close at 0.7782. Yesterday, data showed that Australia’s AiG performance of construction index dropped to a level of 43.9 in February, following a … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s building permits data

Posted on March 6, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.2485. Canada’s seasonally adjusted Ivey PMI improved to a level of 49.7 in February, but still remained in contraction territory and … Continue reading →

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