EUR/USD: Euro trading higher ahead of the ECB’s interest rate decision

Posted on November 6, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.62% against the USD and closed at 1.2475, as the Euro-zone as well Germany, its biggest economy registered disappointing services PMI figures in October. Germany’s services PMI expanded … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading lower in the Asian session

Posted on November 5, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.75% against the USD to close at 0.8759, amid a broad weakness in the US Dollar. On the macro front, Australia’s AiG performance of services index fell to … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on November 5, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD to close at 1.1400. On the macro front, Canada registered an international merchandise trade surplus of CAD 0.71 billion in September, compared to a … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher ahead of the Swiss monthly inflation data

Posted on November 5, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CHF and closed at 0.9594, following disappointing economic data from the US. In economic news, the UBS real estate bubble index in Switzerland recorded a … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on November 5, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.29% against the JPY and closed at 113.46, reversing its previous session gains. In economic news, Japanese vehicle sales declined 9.1% on a YoY basis in October, compared … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a stronger footing ahead of the UK services PMI data

Posted on November 5, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.6007. In economic news, construction activity in Britain dropped to a 5-month low level of 61.4 in October, lower than market … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its gains ahead of the Euro-zone’s retail sales data

Posted on November 5, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.2553. In economic news, the European Commission (EC) in its economic forecast downgraded the Euro-zone’s economic growth projections to 0.8% and … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: The RBA left its benchmark interest rates unchanged at 2.5%

Posted on November 4, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.73% against the USD to close at 0.8694, amid a broad strength in the US Dollar. LME Copper prices declined 0.50% or $34.5/MT to $6801.0/MT. Aluminium prices declined … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on November 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CAD to close at 1.1353. On the macro front, Canadian RBC manufacturing PMI surged to 11-month high mark of 55.3 in October, up from a … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on November 4, 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 0.9653, following positive October ISM manufacturing data from the US. In economic news, the Swiss SVME PMI edged up to 55.3, … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on November 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.79% against the JPY and closed at 113.79. In the Asian session, at GMT0400, the pair is trading at 113.55, with the USD trading 0.22% lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off