USD/CHF: Swiss Franc reverses its gains in the Asian session

Posted on October 14, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CHF and closed at 0.9491. In economic news, the SNB reported that the real estate index for single family homes in Switzerland climbed to 438.7 … Continue reading →

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USD/JPY: Japanese Yen trading lower ahead of the BoJ’s outlook report

Posted on October 14, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.31% against the JPY and closed at 107.01. In the Asian session, at GMT0300, the pair is trading at 107.25, with the USD trading 0.23% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading flat ahead of the UK CPI data

Posted on October 14, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.6073. In economic news, the Lloyds employment confidence index in the UK jumped to a level of 10.0 in September, after … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s ZEW economic survey data

Posted on October 14, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.6073. On the macro front, the wholesale price index (WPI) in Germany rose 0.1% on a monthly basis in September, at … Continue reading →

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

Posted on October 13, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.89% against the USD to close at 0.8684. LME Copper prices declined 1.03% or $70.0/MT to $6697.0/MT. Aluminium prices declined 1.69% or $32.5/MT to $1891.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canada’s unemployment rate fell to a 6-year low

Posted on October 13, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.23% against the CAD to close at 1.1212. In economic news, Canada’s unemployment rate unexpectedly dropped to 6.8% in September, registering its lowest level in nearly six years, compared to a level of … Continue reading →

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

Posted on October 13, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.41% against the CHF and closed at 0.9585. In the Asian session, at GMT0300, the pair is trading at 0.9524, with the USD trading 0.64% lower from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: Weaker Japanese Yen is beneficial for the economy, BoJ’s Kuroda

Posted on October 13, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.18% against the JPY and closed at 107.72. On the macro front, the consumer confidence index in Japan surprisingly eased to a level of 39.9 in September, lower than market expectations of a … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on October 13, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally declined 0.37% against the USD and closed at 1.6059, after Britain’s construction output unexpectedly declined 0.3% on an annual basis in August, less than market expectations for a rise of 2.9% and compared to … Continue reading →

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

Posted on October 13, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.56% against the USD and closed at 1.2613, extending its previous session losses. On the macro front, manufacturing production in France unexpectedly registered a drop of 0.2% on a monthly basis in August, compared … Continue reading →

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GBP/USD: The BoE left interest rates unchanged again at 0.5%

Posted on October 10, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.6118, after the UK Chancellor, George Osborne expressed concerns that faltering Euro-zone economy was weighing badly on the British economy. Yesterday, … Continue reading →

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