USD/CAD: Loonie trading above its MA’s

Posted on December 29, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.09% against the CAD to close at 1.1623. In the Asian session at 4:00GMT, USD is trading at 1.1630, 0.06% higher against the Canadian dollar from Friday’s close. The pair is expected to … Continue reading →

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USD/CHF: Swiss Franc nudged higher ahead of the UBS Consumption Indicator

Posted on December 29, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.35% against the CHF and closed at 0.9878. In the Asian session, at 4:00GMT, the USD is trading at 0.9869, 0.09% lower versus Swiss Franc, from Friday’s close. The pair is expected to … Continue reading →

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USD/JPY: $29 billion stimulus plan approved by the Japan cabinet

Posted on December 29, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.13% against the JPY and closed at 120.40. The JPY continued its downward trend after poor macro-economic data from Japan cast doubts on the economic health of the nation. Data released last week … Continue reading →

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GBP/USD: UK economy surpasses France as fifth largest in the world.

Posted on December 29, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined against the USD and closed at 1.5555. Last week, the Centre for Economics and Business Research (CEBR) revealed that the UK economy has overtaken France to become the world’s fifth largest economy. Furthermore, … Continue reading →

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EUR/USD: Greece election crisis engulfs the Euro-zone economy

Posted on December 29, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.34% against the USD and closed at 1.2178, on concerns of political instability in Greece. Last week, the ruling party of Greece was not able to secure majority votes in the parliament, despite … 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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USD/CAD: Loonie trading above its MA’s

Posted on December 29, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.09% against the CAD to close at 1.1623. In the Asian session at 4:00GMT, USD is trading at 1.1630, 0.06% higher against the Canadian dollar from Friday’s close. The pair is expected to … Continue reading →

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USD/CHF: Swiss Franc nudged higher ahead of the UBS Consumption Indicator

Posted on December 29, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.35% against the CHF and closed at 0.9878. In the Asian session, at 4:00GMT, the USD is trading at 0.9869, 0.09% lower versus Swiss Franc, from yesterday’s close. The pair is expected to … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: $29 billion stimulus plan approved by the Japan cabinet

Posted on December 29, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.13% against the JPY and closed at 120.40. The JPY continued its downward trend after poor macro-economic data from Japan cast doubts on the economic health of the nation. Data released last week … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK economy surpasses France as fifth largest in the world.

Posted on December 29, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined against the USD and closed at 1.5555. Last week, the Centre for Economics and Business Research (CEBR) revealed that the UK economy has overtaken France to become the world’s fifth largest economy. Furthermore, … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Greece election crisis engulfs the Euro-zone economy

Posted on December 29, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.34% against the USD and closed at 1.2178, on concerns of political instability in Greece. Last week, the ruling party of Greece was not able to secure majority votes in the parliament, despite … Continue reading →

Posted in EUR/USD | Comments Off