EUR/USD: Euro trading higher ahead of Germany’s CPI data

Posted on February 27, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.49% against the USD and closed at 1.1195. In economic news, Germany’s seasonally adjusted unemployment rate remained unchanged at 6.5% in February, at par with market expectations. Meanwhile, … Continue reading →

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AUD/USD: Aussie reverses its gains this morning

Posted on February 26, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.71% against the USD to close at 0.7883, on the back of China’s strong HSBC manufacturing data and easing interest rate hike expectations in the US. LME Copper … Continue reading →

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USD/CAD: Loonie extends its gains ahead of Canada’s inflation data

Posted on February 26, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD to close at 1.2435. In the Asian session, at GMT0400, the pair is trading at 1.2432, with the USD trading a tad lower from … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s industrial output data

Posted on February 26, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.9486, reversing its previous session gains. In economic news, Switzerland’s UBS consumption indicator dropped to 1.24 in January, compared to a … Continue reading →

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

Posted on February 26, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.10% against the JPY and closed at 118.85. In the Asian session, at GMT0400, the pair is trading at 118.95, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher ahead of UK’s preliminary 4Q GDP data

Posted on February 26, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.52% against the USD and closed at 1.5530, after number of mortgage approvals in the UK climbed for January, bolstering hopes that recovery in the nation’s housing market … Continue reading →

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EUR/USD: Euro trading marginally higher ahead of Germany’s jobless rate data

Posted on February 26, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.1364. Yesterday, the ECB President, Mario Draghi, in his testimony to the European Parliament in Brussels, stated that the central bank … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on February 25, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7828. LME Copper prices rose 1.03% or $58.0/MT to $5715.0/MT. Aluminium prices rose 1.10% or $19.5/MT to $1792.0/MT. In the Asian … Continue reading →

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

Posted on February 25, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CAD to close at 1.2496, after the US consumer confidence dropped more than expected in February. Yesterday, the BoC Governor, Stephen Poloz reiterated that plunging … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s UBS consumption indicator data

Posted on February 25, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9510. In economic news, number of employed people in Switzerland increased to 4.23 million on a quarterly basis in 4Q 2014, … Continue reading →

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

Posted on February 25, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 118.97. In the Asian session, at GMT0400, the pair is trading at 118.72, with the USD trading 0.21% lower from yesterday’s … Continue reading →

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