EUR/USD: Euro trading lower ahead of Germany’s industrial production data

Posted on December 8, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.70% against the USD and closed at 1.2293. In economic news, the Euro-zone’s seasonally adjusted second estimate of GDP expanded 0.2% on a QoQ basis in 3Q 2014, in line with market expectations and … Continue reading →

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

Posted on December 5, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.12% against the USD to close at 0.8382. Yesterday, the AiG performance of construction index in Australia eased to 45.4, following a reading of 53.4 registered in the … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s unemployment rate data

Posted on December 5, 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 1.1387. In economic news, Canada’s Ivey PMI advanced to a 2-month high reading of 56.9 in November, higher than market expectations … Continue reading →

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

Posted on December 5, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9712. In the Asian session, at GMT0400, the pair is trading at 0.9712, with the USD trading a tad higher from … Continue reading →

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

Posted on December 5, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the JPY and closed at 119.80. In the Asian session, at GMT0400, the pair is trading at 119.92, with the USD trading 0.1% higher … Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE’s inflation projection for the coming 12 months

Posted on December 5, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.08% against the USD and closed at 1.5672. The BoE’s rate-setting panel kept its benchmark interest rate on hold at a record low of 0.5%. Additionally, the central … Continue reading →

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EUR/USD: Euro trading higher ahead of the Euro-zone’s Q3 GDP data

Posted on December 5, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.57% against the USD and closed at 1.2380, after the ECB failed to provide immediate stimulus measures and following upbeat construction and retail PMI data in Germany. Data … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on December 4, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.66% against the USD to close at 0.8392. LME Copper prices declined 0.06% or $4.0/MT to $6451.0/MT. Aluminium prices declined 2.38% or $48.0/MT to $1967.0/MT. In the Asian … Continue reading →

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USD/CAD: The BoC maintained its interest rate unchanged at 1.0%

Posted on December 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.1373. Yesterday, the BoC held its key interest rates unchanged at 1.0%, in line with market expectations. Additionally, the BoC Governor, … Continue reading →

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USD/CHF: Swiss economy grew 0.6% in 3Q 2014

Posted on December 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9777. In economic news, Switzerland’s GDP expanded more than expected 0.6% on a quarterly basis in 3Q 2014, against market expectations … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the Asian session

Posted on December 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.50% against the JPY and closed at 119.81. In the Asian session, at GMT0400, the pair is trading at 119.93, with the USD trading 0.1% higher from yesterday’s … Continue reading →

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