AUD/USD: The RBA lowered Australia’s inflation outlook

Posted on November 7, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.8561, after Australia’s AiG performance of construction index dropped to 53.4 in October, after registering a level of 59.1 in the … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie continues its losses ahead of Canada’s unemployment rate data

Posted on November 7, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.1426. The CAD traded on a weaker footing, after Canadian Ivey PMI on a seasonally adjusted basis dropped to a 2-month … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading flat ahead of Switzerland’s unemployment rate data

Posted on November 7, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9728, after the US registered upbeat initial jobless claims data. The Swiss Franc lost ground, after Switzerland’s SECO consumer confidence index … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on November 7, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 115.23, extending its earlier session gains. In the Asian session, at GMT0400, the pair is trading at 115.24, with the USD … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: The BoE kept its monetary policy unchanged in November

Posted on November 7, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.81% against the USD and closed at 1.5837. Yesterday, the BoE in a much expected move decided to keep its interest rates unchanged at a record low of … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: The ECB ready to pump in more stimulus if required, said the central bank Chief

Posted on November 7, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.2380, after the ECB remained more dovish in its monthly monetary policy meeting. Yesterday, the ECB Chief, Mario Draghi indicated that … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australian unemployment rate remained steady at 6.2%

Posted on November 6, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 2.04% against the USD to close at 0.8580, amid a broad strengthening in the greenback. Yesterday, a leading bank downgraded Australia’s economic growth projections for 2014 to 3.2% … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower ahead of Canada’s building permits data

Posted on November 6, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.1395, following dismal ISM non-manufacturing PMI data registered by the US. Yesterday, Statistics Canada reported that the Canadian economy grew … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its losses ahead of Swiss SECO consumer confidence data

Posted on November 6, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CHF and closed at 0.9649. The Swiss Franc lost ground, after Switzerland’s monthly consumer prices remained flat in October, after advancing 0.1% in the previous … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading lower after the BoJ minutes

Posted on November 6, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.09% against the JPY and closed at 114.70. In the Asian session, at GMT0400, the pair is trading at 115.2, with the USD trading 0.44% higher from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

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

Posted on November 6, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.5966, after the UK services PMI dropped to a level of 56.2 in October, marking its lowest reading since May 2013, … Continue reading →

Posted in GBP/USD | Comments Off