USD/CHF: Swiss Franc trading higher ahead of Switzerland’s trade balance data

Posted on February 19, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9421. The Swiss Franc lost ground after Switzerland’s ZEW economic expectations index eased to -73.00 in February, compared to a reading … Continue reading →

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

Posted on February 19, 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 118.72, as the Fed in its minutes did not shed any light on the exact timing of interest rate hike in … Continue reading →

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GBP/USD: UK ILO unemployment rate unexpectedly slid in the October-December 2014 period

Posted on February 19, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.59% against the USD and closed at 1.5443, following upbeat employment report from the UK. Data released showed that Britain’s ILO jobless rate surprisingly fell to a 6-year … Continue reading →

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EUR/USD: Euro reverses its losses this morning

Posted on February 19, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1402. Yesterday, the ECB agreed to raise the emergency funds available to Greek banks by €3.3 billion to €68.3 billion, as … Continue reading →

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

Posted on February 18, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.64% against the USD to close at 0.7813. LME Copper prices declined 0.81% or $46.5/MT to $5665.5/MT. Aluminium prices declined 0.77% or $14.0/MT to $1800.5/MT. In the Asian … Continue reading →

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

Posted on February 18, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD to close at 1.2391, following downbeat economic data in the US. In economic news, existing home sales in Canada slid 3.1% on a monthly … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s ZEW economic survey data

Posted on February 18, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 0.9371. Yesterday, the SNB President, Thomas Jordan, signalled that the central bank stands prepared to intervene in the foreign exchange market … Continue reading →

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USD/JPY: The BoJ stuck to its ultra-loose monetary policy

Posted on February 18, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.65% against the JPY and closed at 119.22. In the Asian session, at GMT0400, the pair is trading at 119.09, with the USD trading 0.11% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading a tad higher ahead of the UK ILO jobless rate data

Posted on February 18, 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 1.5352, following worse than expected inflation data in the UK. Britain’s consumer prices eased more than expected by 0.9% … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on February 18, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.58% against the USD and closed at 1.1410, following positive ZEW economic survey data in the Euro-zone and Germany. Data showed that Germany’s ZEW economic sentiment index jumped … Continue reading →

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EUR/USD: Euro trading higher ahead of Germany’s ZEW economic sentiment data

Posted on February 17, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.1345 after crisis between Greece and its Euro-zone creditors escalated, raising concerns that the debt-stricken nation is inching closer towards an … Continue reading →

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