GBP/USD: The BoE’s MPC unanimous in holding its key interest rate

Posted on January 22, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.5127, after the minutes of the BoE’s latest monetary policy meeting indicated that that its two dissenting policy makers, Martin Weale … Continue reading →

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EUR/USD: Euro trading a tad lower ahead of the ECB’s interest rate decision

Posted on January 22, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1590. In the US, building permits unexpectedly retreated 1.9% on a MoM basis in December, compared to previous month’s revised 3.7% … Continue reading →

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AUD/USD: Aussie reverses its losses this morning

Posted on January 21, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.37% against the USD to close at 0.8166. LME Copper prices rose 1.58% or $89.5/MT to $5760.5/MT. Aluminium prices rose 0.27% or $5.0/MT to $1830.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading stronger ahead of the BoC’s interest rate decision

Posted on January 21, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.33% against the CAD to close at 1.2110. Yesterday, manufacturing shipments in Canada eased 1.4% on a monthly basis in November, more than market expectations for a 0.7% … Continue reading →

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USD/CHF: Swiss Franc extends its gains ahead of the Swiss ZEW survey

Posted on January 21, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the CHF and closed at 0.8734. In the Asian session, at GMT0400, the pair is trading at 0.8728, with the USD trading 0.07% lower from yesterday’s … Continue reading →

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USD/JPY: The BoJ downgraded Japan’s inflation forecast

Posted on January 21, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.79% against the JPY and closed at 118.66. In the Asian session, at GMT0400, the pair is trading at 117.8, with the USD trading 0.72% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher ahead of the UK ILO unemployment rate data

Posted on January 21, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.5148. In the Asian session, at GMT0400, the pair is trading at 1.5165, with the GBP trading 0.11% higher from yesterday’s … Continue reading →

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EUR/USD: Euro reverses its losses in the Asian session

Posted on January 21, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1556. Losses were kept in check after Germany’s economic sentiment index rose to an11-month high reading of 48.4 in January, compared … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session, after China’s economy grew at its slowest pace in 24 years

Posted on January 20, 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 0.8197. LME Copper prices rose 0.19% or $11.0/MT to $5671.0/MT. Aluminium prices rose 1.50% or $27.0/MT to $1825.0/MT. In the Asian … Continue reading →

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

Posted on January 20, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.1951. In the Asian session, at GMT0400, the pair is trading at 1.1976, with the USD trading 0.22% higher from yesterday’s … Continue reading →

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

Posted on January 20, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 2.25% against the CHF and closed at 0.8798. In economic news, producer and import prices in Switzerland dropped 0.4% on a monthly basis in December, compared to a … Continue reading →

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