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

Posted on February 12, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.08% against the USD and closed at 1.1327. Yesterday, negotiations between the Euro-zone and Greece Finance ministers failed to reach any agreement on extending the bailout plan for … Continue reading →

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AUD/USD: Aussie trading flat this morning

Posted on February 11, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.35% against the USD to close at 0.7771. In economic news, Westpac consumer confidence index registered a level of 100.7 in February, up from previous month’s reading of … Continue reading →

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

Posted on February 11, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.94% against the CAD to close at 1.2588. Yesterday, the BoC’s Senior Deputy Governor, Carolyn Wilkins stated that the Canadian economy still has room to grow, despite declining … Continue reading →

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

Posted on February 11, 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 0.9270. The Swiss Franc lost ground after unemployment rate in Switzerland rose to 3.5% in January, compared to previous month’s level … Continue reading →

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

Posted on February 11, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.67% against the JPY and closed at 119.43, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 119.63, with the … Continue reading →

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GBP/USD: The NIESR estimated GDP recorded a rise in the November-January 2015 period

Posted on February 11, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.28% against the USD and closed at 1.5260, following upbeat assessment of the UK economy by the NIESR. The NIESR estimated that Britain’s economy grew 0.7% in the … Continue reading →

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EUR/USD: Euro trading marginally higher ahead of the Euro-zone’s Finance ministers meeting on Greece

Posted on February 11, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1318, amid uncertainty surrounding Greece exiting the Euro-zone. In economic news, industrial production in France dropped 0.10% on a YoY basis … Continue reading →

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AUD/USD: The NAB expects three rate cuts from the RBA this year

Posted on February 10, 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 0.7798, rebounding from its previous session losses. LME Copper prices declined 0.46% or $26.0/MT to $5666.0/MT. Aluminium prices declined 0.88% or … Continue reading →

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

Posted on February 10, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2471. The CAD gained ground, after Canadian housing starts surprisingly rose to a level of 187.3 K in January, compared to … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Swiss unemployment and CPI data

Posted on February 10, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9245. Yesterday, the SNB reported that sight deposits rose to CHF384.889 billion in the week ended 06 February, compared to previous … Continue reading →

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USD/JPY: Japanese Yen extends its gains this morning

Posted on February 10, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 118.64. In economic news, Japan’s Eco watchers survey for the current situation advanced to 45.60 in January, while markets were expecting … Continue reading →

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