GBP/USD: Pound reverses its losses ahead of the UK construction PMI data

Posted on November 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally lower against the USD and closed at 1.5976, despite the UK registering upbeat manufacturing PMI data in October. Manufacturing activity in Britain unexpectedly expanded to a 3-month … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro reverses its losses in the Asian session

Posted on November 4, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.2492, after manufacturing activity in Germany, the Euro-zone’s biggest economy expanded less than expected to 51.4 in October, against market expectations … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading on a weaker footing this morning

Posted on November 3, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.33% against the USD to close at 0.8801, amid a broad strength in the greenback. LME Copper prices rose 0.74% or $50.5/MT to $6835.5/MT. Aluminium prices rose 2.08%% or $42.0/MT to $2057.0/MT. In … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s monthly GDP shrank 0.1% in August

Posted on November 3, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.69% against the CAD to close at 1.1270. The Canadian Dollar came under pressure after Canada’s monthly GDP unexpectedly contracted 0.1% in August, registering its first drop since December 2013 and following no … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its losses ahead of the Swiss PMI data

Posted on November 3, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.59% against the CHF and closed at 0.9620, following encouraging consumer confidence data from the US. In the Asian session, at GMT0400, the pair is trading at 0.9661, with the USD trading 0.43% … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on November 3, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 2.68% against the JPY and closed at 112.24 The Japanese currency lost ground and traded at almost 6-year low after the BoJ surprised markets by expanding its monetary base at an annual pace … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading lower ahead of the UK manufacturing PMI

Posted on November 3, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP traded a tad higher against the USD and closed at 1.5999. The BoE’s Financial Policy Committee imposed a milder regulatory leverage ratio for the UK bank at a lower than expected level, which would come … Continue reading →

Posted in GBP/USD | Comments Off

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

Posted on November 3, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.59% against the USD and closed at 1.2533, after Germany’s retail sales fell 3.2% on a monthly basis in September, registering its biggest fall in almost 7 years, higher than market expected drop of … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on October 31, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.46% against the USD to close at 0.8830, rebounding from its previous session losses. LME Copper prices declined 1.02% or $70.0/MT to $6785.0/MT. Aluminium prices rose 0.15% or … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher ahead of the Canadian GDP data

Posted on October 31, 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 1.1193, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1.1191, with … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on October 31, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9564, after the US annualized GDP advanced more than expected in 3Q 2014. In economic news, the Swiss KOF economic barometer … Continue reading →

Posted in USD/CHF | Comments Off