AUD/USD: Aussie extends its gains this morning

Posted on November 24, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.55% against the USD to close at 0.8665. In China, Australia’s biggest trading partner, the PBoC surprisingly cut its benchmark interest rates for the first time since July 2012, to help support the … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher in the Asian session

Posted on November 24, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.64% against the CAD to close at 1.1237. The CAD gained ground following upbeat inflation data from Canada. Canada’s consumer prices unexpectedly rose 0.1% on a monthly basis in October, beating market expectations … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower ahead of Swiss Q3 employment level data

Posted on November 24, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 1.21% against the CHF and closed at 0.9701. In economic news, Switzerland’s M3 money supply advanced 3.4% on an annual basis in October, following a similar rise recorded in September. In the Asian … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on weaker footing this morning

Posted on November 24, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.42% against the JPY and closed at 117.76. In the Asian session, at GMT0400, the pair is trading at 117.83, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a stronger footing this morning

Posted on November 24, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.28% against the USD and closed at 1.5647. In economic news, the UK’s public sector net borrowing registered a surplus of £7.1 billion in October, compared to a revised surplus of £10.6 billion in … Continue reading →

Posted in GBP/USD | Comments Off

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

Posted on November 24, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 1.22% against the USD and closed at 1.2388, after the ECB Chief, Mario Draghi reiterated that the central bank stands ready to expand its asset purchases, if inflation continues to persist in the common-currency … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on November 21, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.19% against the USD to close at 0.8618. LME Copper prices declined 0.40% or $27.0/MT to $6688.0/MT. Aluminium prices declined 0.40% or $8.0/MT to $2017.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher ahead of Canada’s monthly inflation data

Posted on November 21, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD to close at 1.1310, reversing its previous session gains, after Canadian wholesale sales climbed 1.8% on a monthly basis in September, compared to a … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on November 21, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9585. On the macro front, Swiss trade balance surplus expanded to CHF3.26 billion in October, higher than market expectations to expand … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on November 21, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 118.26. In economic news, Japan’s annual machine tool orders registered a rise of 30.8% in October, compared to a rise of … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound extends its gains in the Asian session

Posted on November 21, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.5691, following stronger than expected monthly retail sales in the UK. Britain’s retail sales rose 0.8% on a monthly basis in … Continue reading →

Posted in GBP/USD | Comments Off