EUR/USD: Euro trading higher ahead of the ECB Chief’s speech

Posted on November 21, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally lower against the USD and closed at 1.2540, after the Euro-zone as well as Germany registered dismal economic data. Yesterday, economic data showed that manufacturing PMI in … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading a tad lower in the Asian session

Posted on November 20, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.35% against the USD to close at 0.8601. LME Copper prices rose 0.46% or $31.0/MT to $6715.0/MT. Aluminium prices rose 0.47% or $9.5/MT to $2025.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie continues its losses in the Asian session

Posted on November 20, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.1348. In the Asian session, at GMT0400, the pair is trading at 1.1349, with the USD trading a tad higher from … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower ahead of Switzerland’s trade balance data

Posted on November 20, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9577. In economic news, the Swiss ZEW’s economic expectations index climbed to -7.60 in November, compared to a level of -30.70 … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s annual exports climbed to 8-month high in October

Posted on November 20, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.07% against the JPY and closed at 118.16. Yesterday, the BoJ held its interest rate unchanged at 0.1% and kept its monetary policy steady. Also, the central bank … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound reverses its gains ahead of the UK’s retail sales data

Posted on November 20, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.32% against the USD and closed at 1.5677. Yesterday, the BoE minutes from its most recent monetary policy meeting showed that seven policymakers were in favour of keeping … Continue reading →

Posted in GBP/USD | Comments Off

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

Posted on November 20, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.2545, after the Euro-zone’s seasonally adjusted current account surplus widened to €31.0 billion in September, following a surplus of €17.4 billion. … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading on a weaker footing in the Asian session

Posted on November 19, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.21% against the USD to close at 0.8719. Yesterday, the RBA Governor, Glenn Stevens’ stated that the Australian economy was expected to grow moderately and there was plenty … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower this morning

Posted on November 19, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CAD to close at 1.1303. Yesterday, the BoC Deputy Governor, Agathe Cote mentioned that the central bank was considering whether it should increase … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on November 19, 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 0.9585. In the Asian session, at GMT0400, the pair is trading at 0.9598, with the USD trading 0.14% higher from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: The BoJ held its monetary base at ¥80 trillion

Posted on November 19, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.21% against the JPY and closed at 116.90. In the Asian session, at GMT0400, the pair is trading at 117.25, with the USD trading 0.3% higher from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off