GBP/USD: Pound trading lower in the Asian session

Posted on January 26, 2015 by GCI Financial

GBPUSD Movement On Friday, GBP traded marginally lower against the USD and closed at 1.5013, as investors shrugged off Britain’s unexpected gain in its monthly retail sales in December. Retail sales in the UK advanced 0.2% on a MoM basis … Continue reading →

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AUD/USD: Aussie trading flat this morning

Posted on January 23, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.87% against the USD to close at 0.8024. LME Copper prices declined 0.32% or $18.5/MT to $5742.0/MT. Aluminium prices rose 2.02% or $37.0/MT to $1867.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian PM, Stephen Harper supports BoC’s interest rate decision

Posted on January 23, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.2392. Yesterday, the Canadian Prime Minister, Stephen Harper stated that the BoC’s recent decision to cut its key interest rate was … Continue reading →

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USD/CHF: Swiss Franc reverses its losses this morning

Posted on January 23, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.8708, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 0.8705, with the … Continue reading →

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USD/JPY: Japanese Yen reverses its losses this morning

Posted on January 23, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.57% against the JPY and closed at 118.61. In the Asian session, at GMT0400, the pair is trading at 118.39, with the USD trading 0.19% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading on a weaker footing ahead of the UK retail sales data

Posted on January 23, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.84% against the USD and closed at 1.5014, after the public sector net borrowing unexpectedly registered a surplus of £12.50 billion in December, following a revised surplus of … Continue reading →

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

Posted on January 23, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.08% against the USD and closed at 1.1366, after the ECB announced its highly-anticipated decision to implement quantitative easing. Yesterday, the ECB Chief, Mario Draghi, stated that the … Continue reading →

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

Posted on January 22, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.89% against the USD to close at 0.8093. LME Copper prices declined 2.26% or $130.0/MT to $5630.5/MT. Aluminium prices rose 0.05% or $1.0/MT to $1831.0/MT. In the Asian … Continue reading →

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USD/CAD: The BoC unexpectedly slashed its interest rate

Posted on January 22, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.99% against the CAD to close at 1.2351. The CAD lost ground after the BoC surprised markets by cutting its key interest rate by a quarter point to … Continue reading →

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

Posted on January 22, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CHF and closed at 0.8615. In economic news, Switzerland’s ZEW economic expectation index weakened to -10.8 in January, compared to a reading of -4.9 recorded … Continue reading →

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

Posted on January 22, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 117.95. Yesterday, the BoJ Governor, Haruhiko Kuroda, stated that the nation’s economy was continuing to recover gradually and inflation expectations were … Continue reading →

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