USD/CHF: Swiss Franc converges with its MAs

Posted on December 31, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9890. In the Asian session, at GMT0400, the pair is trading at 0.9887, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/JPY: Yen trading higher, amid a thin holiday trading session

Posted on December 31, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.0% against the JPY and closed at 119.47, after consumer confidence in the US for December came in below expectations. In the Asian session, at GMT0400, the pair … Continue reading →

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GBP/USD: British Pound extends its gains in the Asian session

Posted on December 31, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.5560. On the macro front, Nationwide reported that the seasonally adjusted UK house prices rose 0.20% on a monthly basis in … Continue reading →

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EUR/USD: Euro trading on a higher footing this morning

Posted on December 31, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.2157. In economic news, the ECB reported that M3 money supply rose 3.10% on an annual basis in November, higher than … Continue reading →

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AUD/USD: Aussie reversing its gains in the Asian session

Posted on December 30, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.21% against the USD to close at 0.8136. LME Copper prices declined 0.5% or $29.0/MT to $ 6332.0/MT. Aluminium prices declined 0.4% or $6.5/MT to $ 1827.5/MT. In … Continue reading →

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USD/CAD: Loonie trading above its MAs

Posted on December 30, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.1646. In the Asian session, at GMT0400, the pair is trading at 1.1646, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/CHF: UBS Swiss consumption indicator dropped in November

Posted on December 30, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9897. The Swiss Franc lost ground after data indicated that Switzerland’s consumption indicator declined to 1.29 in November from 1.32 in … Continue reading →

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USD/JPY: Japanese Yen trading on an upward trend this morning

Posted on December 30, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 120.68. According to Japan’s ruling Liberal Democratic Party’s tax revision proposal, the corporate-tax rate in the nation should go down by … Continue reading →

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GBP/USD: British Pound reverses its losses in the Asian session

Posted on December 30, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.29% against the USD and closed at 1.5514. Yesterday, the BoE’s Chief Economist Andy Haldane indicated that the central bank has formed a special taskforce to keep a … Continue reading →

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EUR/USD: Euro weighed down by snap elections in Greece

Posted on December 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.2155, as investor sentiment was dented after Greece’s Prime Minister Antonis Samaras was unsuccessful in his third and final attempt to … Continue reading →

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

Posted on December 29, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.07% against the USD to close at 0.8121. In economic news, Chinese industrial profits fell 4.2% in November, recording the highest annual decline since August 2012. On a YTD basis, industrial profits advanced … Continue reading →

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