USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on December 2, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 118.30. Yesterday, Global rating agency, Moody’s highlighted its concerns over Japan’s ability to reduce its debt level and downgraded its credit … Continue reading →

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GBP/USD: Pound trading flat ahead of the UK construction PMI data

Posted on December 2, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.63% against the USD and closed at 1.5731, following an upbeat manufacturing PMI data in the UK. The manufacturing PMI in the UK surprisingly climbed to 53.5 in … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on December 2, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.2473. However, gains in the Euro were kept in check following disappointing manufacturing PMI data in the Euro-zone as well as … Continue reading →

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

Posted on December 1, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.25% against the USD to close at 0.8506. Over the weekend, data from Australia indicated that the nations’ AiG performance of manufacturing index expanded to a level of 50.1 in November from preceding … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s RBC manufacturing PMI data

Posted on December 1, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.73% against the CAD to close at 1.1423. In economic news, Canada’s GDP rebounded 0.4% on a monthly basis in September, at par with market expectations. The GDP had recorded a drop of … Continue reading →

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USD/CHF: Swiss Franc extends its losses ahead of Swiss SVME PMI data

Posted on December 1, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.11% against the CHF and closed at 0.9657. The Swiss Franc lost ground after Switzerland’s KOF economic barometer unexpectedly slid to a reading of 98.7 in November, compared to market expectations for a … Continue reading →

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

Posted on December 1, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.75% against the JPY and closed at 118.76. In the Asian session, at GMT0400, the pair is trading at 118.92, with the USD trading 0.14% higher from Friday’s close. Earlier today, data showed … Continue reading →

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GBP/USD: Pound trading on a weaker footing ahead of Britain’s manufacturing PMI data

Posted on December 1, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.60% against the USD and closed at 1.5630. On the macro front, the UK’s seasonally adjusted Nationwide house prices advanced 0.3% on a monthly basis, posting its second-consecutive month rise in November, at par … Continue reading →

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EUR/USD: Euro trading higher ahead of the Euro-zone’s manufacturing PMI data

Posted on December 1, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.12% against the USD and closed at 1.2445. In economic news, German retail sales rose 1.9% on a monthly basis, marking its biggest rise since June 2011 in October. Meanwhile, the core consumer … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on November 28, 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 0.8527, reversing its previous session gains. LME Copper prices declined 0.41% or $27.5/MT to $6621.5/MT. Aluminium prices remained flat or $0.0/MT … Continue reading →

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USD/CAD: Loonie extends its losses ahead of Canada’s GDP data

Posted on November 28, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.80% against the CAD to close at 1.1340. In economic news, Canada’s current account deficit slid to CAD 8.4 billion in 3Q 2014, from a revised deficit of … Continue reading →

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