GBP/USD: Britain registered stronger than expected retail sales

Posted on December 19, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.65% against the USD and closed at 1.5672, following upbeat retail sales data in the UK. UK retail sales grew more than expected 6.9% on an annual basis, … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s GfK consumer confidence data

Posted on December 19, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2290. Yesterday, data showed that the Ifo business expectations index in Germany climbed for the second straight month to 101.1 in … Continue reading →

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

Posted on December 18, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.09% against the USD to close at 0.8131. LME Copper prices declined 1.31% or $84.0/MT to $6306.0/MT. Aluminium prices declined 0.61% or $11.5/MT to $1863.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on December 18, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.1644, after the Fed expressed its optimism in the US economy. In economic news, wholesale sales in Canada advanced less than … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Swiss trade balance data

Posted on December 18, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.43% against the CHF and closed at 0.9737. On the macro front, Switzerland’s ZEW economic expectation index improved to -4.9 in December, compared to a reading of -7.6 … Continue reading →

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

Posted on December 18, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 2.04% against the JPY and closed at 118.92. In economic news, final machine tool orders in Japan remained unchanged at 36.6% in November. In the Asian session, at … Continue reading →

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GBP/USD: Pound reverses its losses ahead of the UK retail sales data

Posted on December 18, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.12% against the USD and closed at 1.5571, after the BoE minutes from its recent monetary policy meeting indicated that policymakers were of the view that the recent … Continue reading →

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EUR/USD: Euro trading higher ahead of Germany’s IFO survey data

Posted on December 18, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.41% against the USD and closed at 1.2333, after the Euro-zone’s inflation remained well below the ECB’s 2% target. Yesterday’s data showed that the region’s CPI eased 0.2% … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on December 17, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.11% against the USD to close at 0.8221. LME Copper prices declined 2.59% or $170.0/MT to $6390.0/MT. Aluminium prices declined 2.17% or $41.5/MT to $1875.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on December 17, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.1630. In the Asian session, at GMT0400, the pair is trading at 1.1640, with the USD trading 0.09% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc reverses its gains ahead of Switzerland’s ZEW economic expectations data

Posted on December 17, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CHF and closed at 0.9600, following yesterday’s disappointing economic data in the US. In the Asian session, at GMT0400, the pair is trading at 0.9612, … Continue reading →

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