AUD/USD: Aussie reverses its losses this morning

Posted on October 10, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.8762. Yesterday, the RBA’s Financial Stability Head, Luci Ellis stated that the low interest rates in Australia were boosting house prices … Continue reading →

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USD/CAD: Loonie trading lower ahead of Canada’s jobless rate

Posted on October 10, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD to close at 1.1186. In economic news, the new house price index in Canada advanced 0.3% on a monthly basis in August, marking its … Continue reading →

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USD/CHF: Cap on Swiss Franc continues to remain a key tool: SNB’s Danthine

Posted on October 10, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9546. Yesterday, the SNB vice-chairman Jean-Pierre Danthine emphasised that the central bank’s policy of maintain cap on the Swiss Franc was … Continue reading →

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USD/JPY: Japanese Yen trading higher ahead of the Japan’s consumer confidence index

Posted on October 10, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.23% against the JPY and closed at 107.91. In economic news, Japan’s machine tool orders rose 34.8% on an annual basis in September, after advancing 35.5% in the … Continue reading →

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

Posted on October 10, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.2684, after German exports tumbled 5.8% on a monthly basis in August, marking its biggest decline since January 2009 and higher … Continue reading →

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AUD/USD: Australian unemployment rate came in line with market expectations at 6.1%

Posted on October 9, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.8834. In economic news, Australian foreign exchange reserves expanded to a level of A$60.89 billion in September, after advancing to a … Continue reading →

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

Posted on October 9, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.1107. On the macro front, Canada’s housing starts rose to 197.3 K in September, lower than market expectations to advance to … Continue reading →

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USD/CHF: Swiss unemployment rate remained unchanged at 3.2%

Posted on October 9, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9520. In economic news, the seasonally adjusted Swiss unemployment remained steady at 3.2% in September, at par with market expectations. In … Continue reading →

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USD/JPY: Japanese Yen trading higher ahead of Japan’s machine tool orders data

Posted on October 9, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 108.16. The Japanese currency came under pressure, after Japan’s economic watcher’s survey for future deteriorated to 48.7 in September, after registering … Continue reading →

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GBP/USD: Pound extends its gains ahead of the BoE’s interest rate decision

Posted on October 9, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.6161, after the Halifax house price index in Britain advanced 0.6% on a monthly basis in September, exceeding market expectations for … Continue reading →

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

Posted on October 9, 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 1.2732, continuing its previous session gains. In economic news, the French business sentiment index unexpectedly fell to a level of 96.0 … Continue reading →

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