USD/JPY: Japanese economy slipped into recession in Q3

Posted on November 17, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.42% against the JPY and closed at 116.27, following upbeat economic releases from the US. In the Asian session, at GMT0400, the pair is trading at 115.85, with the USD trading 0.36% lower … Continue reading →

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GBP/USD: Pound reverses its losses in the Asian session

Posted on November 17, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.17% against the USD and closed at 1.5680, after the UK’s construction output rose 1.8% on a monthly basis in September, lower than market expected increase of 4.0% and following a drop of 3.0% … Continue reading →

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

Posted on November 17, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.39% against the USD and closed at 1.2524, after the Euro-zone and its peripheries registered positive Q3 GDP data. The Euro-zone’s quarterly GDP grew 0.2% in 3Q 2014, higher than market expectations for a … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on November 14, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.8712. LME Copper prices rose 0.04% or $3.0/MT to $6755.5/MT. Aluminium prices rose 0.15% or $3.0/MT to $2065.0/MT. In … Continue reading →

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

Posted on November 14, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD to close at 1.1373. The CAD lost ground, after Canada’s new housing price index rose 0.1% on a monthly basis in September, slower than … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on November 14, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9637, following dismal weekly initial jobless claims data registered by the US. In economic news, the producer and import prices index … Continue reading →

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

Posted on November 14, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 115.79. In the Asian session, at GMT0400, the pair is trading at 116.02, with the USD trading 0.2% higher from yesterday’s … Continue reading →

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GBP/USD: Pound extends its losses ahead of the UK’s construction output data

Posted on November 14, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.38% against the USD and closed at 1.5707. Yesterday, the BoE’s Deputy Governor, Ben Broadbent reiterated that interest rate hike in the UK would be limited and gradual. … Continue reading →

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

Posted on November 14, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2475. In economic news, monthly consumer prices in Germany, registered a drop of 0.3% in October, registering a 4th consecutive month … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on November 13, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.24% against the USD to close at 0.8716. LME Copper prices declined 0.96% or $64.5/MT to $6752.5/MT. Aluminium prices rose 2.18% or $44.0/MT to $2062.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat ahead of Canada’s new housing price index data

Posted on November 13, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.1319. On the macro front, the Teranet/National Bank of Canada indicated that Canada’s house price index advanced 0.20% on a monthly … Continue reading →

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