GBP/USD: Pound trading lower, ahead of the UK services PMI data

Posted on October 3, 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 1.6148, after the BoE policymaker Ben Broadbent indicated that the UK is not ready for an increase in the interest rates … Continue reading →

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EUR/USD: Euro trading lower ahead of services PMI and retail sales data from the Euro-region

Posted on October 3, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.2670, after the ECB, in its monetary policy meeting, concluded that it would first see Euro-zone’s economic situation and then only … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ECB interest rate decision

Posted on October 2, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.2622, after manufacturing PMI in Germany deteriorated to 49.9 in September, lower than market expectations for a level of 50.3 and … Continue reading →

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AUD/USD: Aussie trading higher amid robust macroeconomic data

Posted on October 2, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.07% against the USD to close at 0.8740. LME Copper prices rose 0.28% or $19.0/MT to $6755.0/MT. Aluminium prices declined 1.89% or $36.5/MT to $1898.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on October 2, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD to close at 1.1162. The Canadian Dollar gained ground after Canada’s manufacturing PMI advanced to 53.5 in September, compared to a reading of 54.8 … Continue reading →

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

Posted on October 2, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9564. The Swiss Franc lost ground, after the Swiss PMI edged down to 50.4 in September, compared to previous month’s level … Continue reading →

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

Posted on October 2, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.51% against the JPY and closed at 109.07. In economic news, vehicle sales in Japan slid 2.8% on an annual basis in September, compared to a fall of … Continue reading →

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GBP/USD: Pound reverses its losses ahead of the UK construction PMI data

Posted on October 2, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.6192, after the UK reported downbeat manufacturing PMI. The nation’s manufacturing PMI unexpectedly eased to 51.6 in September, registering its slowest … Continue reading →

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USD/CHF: Swiss Franc extends its losses, ahead of Swiss PMI data

Posted on October 1, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9549. The Swiss Franc came under pressure after the KOF economic barometer in Switzerland fell to a level of 99.1 in … Continue reading →

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EUR/USD: Euro extends its losses, ahead of manufacturing PMI data from the Euro-region

Posted on October 1, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.2630. In economic news, retail sales in Germany, Euro-zone’s biggest economy, registered a rise of 2.5%, on a monthly basis, in … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on October 1, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.31% against the USD to close at 0.8746. LME Copper prices rose 0.01% or $0.5/MT to $6736.0/MT. Aluminium prices rose/declined 1.10% or $21.0/MT to $1935.0/MT. In the Asian … Continue reading →

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