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

Posted on February 4, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CHF and closed at 0.9245. Switzerland’s trade surplus narrowed more than anticipated to CHF1.52 billion in December, against market expectations for the nation to register … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of the UK services PMI data

Posted on February 4, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.83% against the USD and closed at 1.5157. Britain’s Markit construction PMI unexpectedly climbed to a level of 59.1 in January, from December’s 17-month low reading of 57.6. … Continue reading →

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EUR/USD: Euro trading marginally lower ahead of the Euro-zone’s services PMI and retail sales data

Posted on February 4, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.1469. In economic news, the Euro-zone’s producer price index fell 1.0% on a MoM basis in December, compared to a drop … Continue reading →

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AUD/USD: The RBA cuts interest rates to record low of 2.25%

Posted on February 3, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.32% against the USD to close at 0.7800. LME Copper prices rose 0.54% or $30.0/MT to $5535.0/MT. Aluminium prices rose 0.79% or $14.5/MT to $1852.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on February 3, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2578. Gains in the CAD were kept in check, after Canada’s RBC manufacturing PMI hit a 21-month low level of 51.0 … Continue reading →

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

Posted on February 3, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.9274. The Swiss Franc came under pressure, after the Swiss SVME PMI fell to a reading of 48.2, posting its first … Continue reading →

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

Posted on February 3, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 117.65. Yesterday, the BoJ Governor, Haruhiko Kuroda opined that the current weakening in the Yen was not impacting the Japanese economy … Continue reading →

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GBP/USD: Pound extends its losses ahead of Britain’s construction PMI data

Posted on February 3, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.35% against the USD and closed at 1.5032. Losses were capped, following upbeat Markit manufacturing PMI data in the UK. The UK Markit manufacturing PMI climbed more than … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on February 3, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1337. In economic news, Germany’s final Markit manufacturing PMI unexpectedly recorded a drop to 50.9 in January, compared to a level … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on February 2, 2015 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.14% against the USD to close at 0.7781. LME Copper prices rose 2.12% or $114.5/MT to $5505.0/MT. Aluminium prices rose 0.82% or $15.0/MT to $1837.5/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Canada’s economy shrank surprisingly in November

Posted on February 2, 2015 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.55% against the CAD to close at 1.2689. The Canadian Dollar came under pressure, after Canada’s GDP unexpectedly contracted 0.2% on a monthly basis in November, posting its biggest drop in 11 months … Continue reading →

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