GBP/USD: Pound trading higher this morning

Posted on October 20, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined 0.08% against the USD and closed at 1.6089. The BoE’s policymaker, Andrew Haldane remained pessimist about the UK economy and opined that given the current economic outlook of the nation, the central bank … Continue reading →

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

Posted on October 20, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.37% against the USD and closed at 1.2762. The ECB Governing Council Member, Ewald Nowotny opined that the recent fall witnessed in the common currency was fuelling growth in the region. He further added … Continue reading →

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AUD/USD: Aussie trading flat in the Asian session

Posted on October 17, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.40% against the USD to close at 0.8763, amid a broad strength in the greenback. LME Copper prices declined 2.23% or $151.0/MT to $6630.0/MT. Aluminium prices declined 2.07% … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s CPI data

Posted on October 17, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.1257. On the macro front, Canada’s manufacturing shipments eased 3.3% on a monthly basis in August, registering its fastest decline since … Continue reading →

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

Posted on October 17, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9424. The Swiss Franc lost ground after Switzerland’s SECO downgraded the nation’s economic growth forecast for 2014 to 1.8% from its … Continue reading →

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USD/JPY: Japanese Yen reverses its losses this morning

Posted on October 17, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.40% against the JPY and closed at 106.44. In economic news, Japanese Tokyo condominium sales slid 44.1% in September, following a drop of 49.1% in August. In the … Continue reading →

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GBP/USD: Pound reverses its gains this morning

Posted on October 17, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.6102. Yesterday, the BoE Deputy Governor, Jon Cunliffe stated that new regulations governing banks and financial institutions must be applied consistently … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on October 17, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.2810. In economic news, the Euro-zone’s consumer price index (CPI) rose 0.4% on a MoM basis in September, at par with … Continue reading →

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

Posted on October 16, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.02% against the USD to close at 0.8798. LME Copper prices rose 0.01% or $0.5/MT to $6781.0/MT. Aluminium prices rose 0.18% or $3.5/MT to $1912.5/MT. In the Asian … Continue reading →

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

Posted on October 16, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.1267, after retail sales in the US deteriorated in September. In economic news, Canada’s existing home sales eased 1.4% in September … Continue reading →

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USD/CHF: Swiss Franc extends its gains ahead of the SECO’s economic forecasts

Posted on October 16, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CHF and closed at 0.9416. On the macro front, the ZEW survey revealed that the Swiss economic expectations index eased to a negative reading of … Continue reading →

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