USD/CAD: Loonie trading lower ahead of the BoC’s crucial interest rate decision

Posted on March 4, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2490. The CAD gained ground, following stronger than expected GDP data in Canada. The nation’s economy expanded 0.3% MoM in December, … Continue reading →

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USD/CHF: Swiss GDP beats expectations in Q4

Posted on March 4, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9612. Losses in Swiss Franc were kept in check, after Switzerland’s GDP grew 0.6% on a quarterly basis in 4Q 2014, … Continue reading →

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

Posted on March 4, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.42% against the JPY and closed at 119.69. In the Asian session, at GMT0400, the pair is trading at 119.65, with the USD trading marginally lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading a tad lower ahead of Britain’s services PMI data

Posted on March 4, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad higher against the USD and closed at 1.5364, following upbeat Markit construction PMI data in the UK. Britain’s Markit construction PMI surprisingly surged to a 4-month … Continue reading →

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EUR/USD: Euro trading lower ahead of the Euro-zone’s services PMI data

Posted on March 4, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1179, following encouraging German retail sales data. Data revealed that retail sales in Germany jumped 2.9% on a monthly … Continue reading →

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AUD/USD: The RBA maintained its interest rate at 2.25%

Posted on March 3, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.60% against the USD to close at 0.7759. LME Copper prices rose 0.26% or $15.5/MT to $5896.0/MT. Aluminium prices rose 0.14% or $2.5/MT to $1797.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s 4Q GDP data

Posted on March 3, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD to close at 1.2539. The CAD lost ground, after Canada’s RBC manufacturing PMI slid to 48.7, marking its weakest level since April 2013 in … Continue reading →

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USD/CHF: Swiss Franc reverses its losses ahead of Switzerland’s Q4 GDP data

Posted on March 3, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.9586. The Swiss Franc traded on a weaker footing, after Switzerland’s SVME PMI dropped to a level of 47.3 in February, … Continue reading →

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

Posted on March 3, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.39% against the JPY and closed at 120.19. In the Asian session, at GMT0400, the pair is trading at 119.73, with the USD trading 0.38% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher ahead of the UK Markit construction PMI data

Posted on March 3, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.45% against the USD and closed at 1.5357, following mixed economic data in the UK. Britain’s seasonally adjusted Markit manufacturing PMI climbed more than expected to a 7-month … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on March 3, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad lower against the USD and closed at 1.1180. Losses were kept in check, after unemployment rate in the Euro-zone unexpectedly slid to a 33-month low of … Continue reading →

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