USD/CHF: Swiss Franc reverses its gains ahead of the Swiss SVME PMI data

Posted on February 2, 2015 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.49% against the CHF and closed at 0.9180, after the US annualised GDP expanded less than expected in 4Q 2014. In economic news, Switzerland’s KOF leading indicator unexpectedly climbed to a level of … Continue reading →

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

Posted on February 2, 2015 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.73% against the JPY and closed at 117.49, following weaker than expected 4Q US GDP data. In the Asian session, at GMT0400, the pair is trading at 117.77, with the USD trading 0.24% … Continue reading →

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GBP/USD: Pound trading higher ahead of Britain’s Markit manufacturing PMI data

Posted on February 2, 2015 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined 0.09% against the USD and closed at 1.5058, following disappointing consumer credit data in the UK. Consumer credit in the UK advanced less than expected to £0.58 billion in December, compared to a … Continue reading →

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EUR/USD: Euro trading higher ahead of the Euro-zone’s manufacturing PMI data

Posted on February 2, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.31% against the USD and closed at 1.1293, following downbeat inflation data in the Euro-zone. The Euro-zone’s CPI fell more than expected 0.6% on a YoY basis in January, against market expectations for … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on January 30, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.59% against the USD to close at 0.7770. LME Copper prices declined 1.73% or $95.0/MT to $5390.5/MT. Aluminium prices declined 1.46% or $27.0/MT to $1822.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s GDP data

Posted on January 30, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the CAD to close at 1.2619. In the Asian session, at GMT0400, the pair is trading at 1.2628, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of the Swiss KOF leading indicator data

Posted on January 30, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.86% against the CHF and closed at 0.9226, following stronger than expected initial jobless claims data in the US. In the Asian session, at GMT0400, the pair is … Continue reading →

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USD/JPY: Japanese national CPI advanced more than expected in December

Posted on January 30, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.76% against the JPY and closed at 118.36, following upbeat initial jobless claims data in the UK. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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GBP/USD: Pound reverses its losses this morning

Posted on January 30, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.48% against the USD and closed at 1.5071. In economic news, the UK’s CBI distributive trade survey’s retail sales balance fell to a level of 39.0% in January, … Continue reading →

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EUR/USD: Euro trading marginally lower ahead of the Euro-zone’s CPI data

Posted on January 30, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1328, after Germany’s unemployment rate in January fell to its lowest rate since the nation’s reunification in 1990. Yesterday, data showed … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on January 29, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.44% against the USD to close at 0.7896. LME Copper prices declined 1.29% or $71.5/MT to $5485.5/MT. Aluminium prices rose 0.14% or $2.5/MT to $1849.5/MT. In the Asian … Continue reading →

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