EUR/USD: Euro trading on a stronger footing this morning

Posted on October 22, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.63% against the USD and closed at 1.2712, reversing its previous session gains, as reports emerged that the ECB was planning to expand its asset purchase programme by … Continue reading →

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AUD/USD: Interest rates to remain low, indicated the RBA

Posted on October 21, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.35% against the USD to close at 0.8787. LME Copper prices declined 0.02% or $1.0/MT to $6629.0/MT. Aluminium prices rose 3.02% or $56.5/MT to $1929.5/MT. In the Asian … Continue reading →

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

Posted on October 21, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CAD to close at 1.1289. On the macro front, Canada’s wholesale sales unexpectedly advanced 0.2% on a monthly basis in August, compared to … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss trade balance data

Posted on October 21, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9433. In the Asian session, at GMT0300, the pair is trading at 0.9425, with the USD trading 0.08% lower from yesterday’s … Continue reading →

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USD/JPY: Japan’s economy continues to recover moderately, indicated the BoJ report

Posted on October 21, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 106.91. The Japanese currency gained ground after Japan’s leading economic index climbed to 104.4 in August, after registering a preliminary level … Continue reading →

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GBP/USD: Pound extends its gains in the Asian session

Posted on October 21, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.6158. Yesterday, a private survey in the UK revealed that an interest rate hike move by the BoE was very unlikely … Continue reading →

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EUR/USD: ECB commences purchasing covered bonds

Posted on October 21, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.44% against the USD and closed at 1.6158. In economic news, producer prices in Germany stagnated on a monthly basis in September, following a decline of 0.1% recorded … Continue reading →

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AUD/USD: Inflation to remain between 2-3%, said the RBA Assistant Governor

Posted on October 20, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD traded flat against the USD to close at 0.8763. LME Copper prices declined 0.02% or $1.0/MT to $6629.0/MT. Aluminium prices rose 3.02% or $56.5/MT to $1929.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canada’s CPI in line with the BoC’s expectations

Posted on October 20, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.18% against the CAD to close at 1.1277, following encouraging economic data from the US. On the macro front, the consumer price index in Canada advanced 0.1% on a monthly basis in September, … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on October 20, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.40% against the CHF and closed at 0.9462. In the Asian session, at GMT0300, the pair is trading at 0.9469, with the USD trading 0.07% higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: Japanese Yen trading lower ahead of Japan’s leading economic index data

Posted on October 20, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.44% against the JPY and closed at 106.90. In the Asian session, at GMT0300, the pair is trading at 107.14, with the USD trading 0.22% higher from Friday’s close. Early this morning, the … Continue reading →

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