AUD/USD: Australia’s jobless rate to remain above 6%: IMF

Posted on October 8, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.8814. LME Copper prices rose 0.04% or $2.5/MT to $6715.0/MT. Aluminium prices declined 0.63% or $12.0/MT to $1886.0/MT. Yesterday, the IMF … Continue reading →

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USD/CAD: Loonie trading weaker ahead of Canada’s housing starts data

Posted on October 8, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.1157. The Canadian Dollar lost ground after Canada’s building permits eased 28.3% on a monthly basis in August, more than market … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Swiss unemployment rate

Posted on October 8, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9567. In economic news, the Swiss CPI advanced 0.1% on a monthly basis in September, less than market expectations for a … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on October 8, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.76% against the JPY and closed at 108.00. On the macro front, Japan’s leading economic index dropped to 104.0 in August, marking its lowest level since January 2013 … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on October 8, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.6098, after a leading think tanker NIESR in its monthly GDP estimate reported that the UK economy grew 0.7% % for … Continue reading →

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

Posted on October 8, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.2670, extending its previous session gains. In economic news, the seasonally adjusted German industrial output fell 4.0% on a monthly basis … Continue reading →

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USD/JPY: BoJ keeps its policy unchanged

Posted on October 7, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.90% against the JPY and closed at 108.82. In the Asian session, at GMT0300, the pair is trading at 109.21, with the USD trading 0.35% higher from yesterday’s … Continue reading →

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AUD/USD: The RBA held its interest rates unchanged at 2.5%

Posted on October 7, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.25% against the USD to close at 0.8765. On the macro front, the Australian AiG performance of construction index climbed to 59.1 in September, following a reading of … Continue reading →

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USD/CAD: Loonie reverses its gains this morning

Posted on October 7, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.07% against the CAD to close at 1.1142. The CAD gained ground after Canada’s Ivey PMI surprisingly advanced to 58.6 in September, marking its highest level since October … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Swiss CPI data

Posted on October 7, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.97% against the CHF and closed at 0.9586. In the Asian session, at GMT0300, the pair is trading at 0.9615, with the USD trading 0.3% higher from yesterday’s … Continue reading →

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GBP/USD: Pound reverses its gains, ahead of the NIESR’s GDP estimate

Posted on October 7, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.75% against the USD and closed at 1.6077. In economic news, new car registrations in the UK registered a rise of 5.6%, on an annual basis, in September. … Continue reading →

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