USD/JPY: Board members not sure of meeting inflation target, indicated the BoJ minutes

Posted on February 23, 2015 by GCI Financial

USDJPY Movement On Friday, the USD traded a tad higher against the JPY and closed at 119.09, on the back of upbeat Markit manufacturing PMI data in the US. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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

Posted on February 23, 2015 by GCI Financial

GBPUSD Movement On Friday, GBP declined 0.09% against the USD and closed at 1.5400, following worse than expected retail sales data in the UK. Britain’s retail sales slid 0.30% on a monthly basis in January, more than market expectations for … Continue reading →

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

Posted on February 23, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.32% against the USD and closed at 1.1401, following mixed services and manufacturing PMI data in the Euro-zone and Germany. Data showed that, Germany’s preliminary Markit services PMI climbed more than expected to … Continue reading →

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AUD/USD: Aussie reverses its losses this morning

Posted on February 20, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.23% against the USD to close at 0.7793. LME Copper prices rose 0.53% or $30.0/MT to $5720.0/MT. Aluminium prices rose 0.28% or $5.0/MT to $1802.0/MT. In the Asian … Continue reading →

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USD/CAD: No reason to fear deflation, indicated the BoC Deputy Governor

Posted on February 20, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.2493. Yesterday, the BoC Deputy Governor, Agathe Cote stated that plunging oil prices could lead Canada’s inflation into “negative territory” for … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on February 20, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9498, following better than expected initial jobless claims data in the US. On the macro front, Swiss trade surplus unexpectedly widened … Continue reading →

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

Posted on February 20, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 119.05. Yesterday, the BoJ Governor, Haruhiko Kuroda mentioned that the central bank has many policy options available to achieve its 2% … Continue reading →

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GBP/USD: Pound trading higher ahead of UK’s retail sales data

Posted on February 20, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5414, reversing its previous session gains. In economic news, the CBI trends selling prices registered an unexpected rise to a level … Continue reading →

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EUR/USD: Euro trading marginally higher ahead of the services and manufacturing PMI data from the Euro-zone

Posted on February 20, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.1365. In economic news, consumer confidence index in the Euro-zone improved to a level of -6.70 in February, compared to a … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on February 19, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.7810. LME Copper prices rose 0.43% or $24.5/MT to $5690.0/MT. Aluminium prices declined 0.19% or $3.5/MT to $1797.0/MT. In … Continue reading →

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

Posted on February 19, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.2457. In the Asian session, at GMT0400, the pair is trading at 1.2442, with the USD trading 0.12% lower from yesterday’s … Continue reading →

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