GBP/USD: Pound trading lower ahead of the BoE’s interest rate decision

Posted on December 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.5685, following stronger than expected services PMI data in the UK. The UK services PMI rose to a level of 58.6 … Continue reading →

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

Posted on December 4, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.60% against the USD and closed at 1.2310, following mostly soft economic data from the Euro-zone and its peripheries. Yesterday, retail sales in the Euro-zone rebounded 0.4% on … Continue reading →

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AUD/USD: Australia’s GDP growth missed forecasts in Q3

Posted on December 3, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.57% against the USD to close at 0.8448. In economic news, Australia’s AiG performance of service index rose to 43.8 in November from prior month’s level of 43.6. … Continue reading →

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

Posted on December 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the CAD to close at 1.1407. In the Asian session, at GMT0400, the pair is trading at 1.1395, with the USD trading 0.11% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing ahead of the Swiss Q3 GDP data

Posted on December 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9723. In the Asian session, at GMT0400, the pair is trading at 0.972, with the USD trading a tad lower from … Continue reading →

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USD/JPY: Japan’s services PMI swung back to Expansion

Posted on December 3, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.78% against the JPY and closed at 119.22. In the Asian session, at GMT0400, the pair is trading at 119.34, with the USD trading 0.1% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher ahead of the UK Treasury’s Autumn Forecast Statement

Posted on December 3, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.60% against the USD and closed at 1.5636, following dismal construction PMI data figure in the UK. The nation’s construction PMI fell more-than-expected to 59.4 in November, marking … Continue reading →

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EUR/USD: Euro trading flat ahead of the Euro-zone’s retail sales data

Posted on December 3, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.2384, after the Euro-zone’s producer price index retreated 0.4% on a monthly basis in October, worse than expected decline of 0.3% … Continue reading →

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AUD/USD: The RBA kept interest rates unchanged at 2.5%

Posted on December 2, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.22% against the USD to close at 0.8496. LME Copper prices declined 2.00% or $130.5/MT to $6385.0/MT. Aluminium prices declined 2.44% or $50.5/MT to $2021.0/MT. In the Asian … Continue reading →

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

Posted on December 2, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.99% against the CAD to close at 1.1322. The CAD traded on a stronger footing, after Canada’s manufacturing PMI remained steady at 12-month high reading of 55.3 in … Continue reading →

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USD/CHF: Swiss Franc reverses its gains this morning

Posted on December 2, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9645. In economic news, the Swiss SVME PMI fell more than expected to a reading of 52.1 in November, compared to … Continue reading →

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