GBP/USD: Pound trading higher ahead of the BoE Governor, Mark Carney’s speech

Posted on February 25, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad lower against the USD and closed at 1.5450. Yesterday, the BoE Governor, Mark Carney, stated that Britain’s low inflation was temporary and would likely return to … Continue reading →

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EUR/USD: Euro trading higher ahead of the ECB Chief Mario Draghi’s speech

Posted on February 25, 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 1.1339, following upbeat GDP data in Germany. Data indicated that Germany’s GDP expanded 0.7% on a quarterly basis in … Continue reading →

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

Posted on February 24, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.51% against the USD to close at 0.7802, reversing its earlier session gains. LME Copper prices declined 0.88% or $50.0/MT to $5657.0/MT. Aluminium prices declined 1.34% or $-24.0/MT … Continue reading →

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USD/CAD: Loonie trading lower ahead of the BoC Governor’s speech

Posted on February 24, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.2570. In the Asian session, at GMT0400, the pair is trading at 1.2594, with the USD trading 0.19% higher from yesterday’s … Continue reading →

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

Posted on February 24, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.05% against the CHF and closed at 0.9500. Yesterday, the SNB indicated that M3 money supply in Switzerland climbed 3.20% on an annual basis in January. In the … Continue reading →

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

Posted on February 24, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 118.86. In economic news, supermarket sales in Japan fell 1.70% on an annual basis in January, compared to a drop of … Continue reading →

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GBP/USD: Pound trading on a weaker footing ahead of the BoE Governor, Mark Carney’s speech

Posted on February 24, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.5456. In economic news, the CBI distributive trade survey’s retail sales balance in the UK tumbled to 1.0 in February, the … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s 4Q GDP data

Posted on February 24, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.41% against the USD and closed at 1.1334, following disappointing IFO economic data in Germany. Data showed that Germany’s IFO business expectations index unexpectedly fell to a level … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on February 23, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.69% against the USD to close at 0.7846. LME Copper prices declined 0.23% or $13.0/MT to $5707.0/MT. Aluminium prices declined 0.31% or $5.5/MT to $1796.5/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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

Posted on February 23, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.34% against the CAD to close at 1.2535. The CAD lost ground, after retail sales in Canada retreated more than expected by 2.0% on a monthly basis, posting its biggest decline since April … Continue reading →

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

Posted on February 23, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.86% against the CHF and closed at 0.9416. A private survey in Switzerland revealed that the SNB would cut its key interest rate again if the Swiss economy weakened, following its shock decision … Continue reading →

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