AUD/USD: Aussie trading lower in the Asian session

Posted on September 8, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.37% against the USD to close at 0.9378, following downbeat non-farm payrolls data from the US. In economic news, the RBA reported that the foreign reserves surplus in Australia narrowed to A$60.043 billion … Continue reading →

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USD/CAD: Loonie trading lower this morning, ahead of building permits data

Posted on September 8, 2014 by GCI Financial

USDCAD Movement On Friday, the USD is trading flat against the CAD to close at 1.0882. In economic news, Canada’s unemployment rate in August remained unchanged from the previous month at 7.0%. However, the number of people employed in the … Continue reading →

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USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s CPI data

Posted on September 8, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.14% against the CHF and closed at 0.9314. The Swiss Franc gained ground, after the Swiss industrial production grew at a faster rate, increasing 3.1%, on a quarterly basis, in 2Q 2014, following … Continue reading →

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USD/JPY: Japanese annualized GDP contracted more than expected in 2Q 2014

Posted on September 8, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.28% against the JPY and closed at 105.09. Japan’s leading economic index advanced to 106.5 in July, compared to a reading of 105.9 in the prior month, while the coincident index edged up … Continue reading →

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GBP/USD: Pound reverses its gains in Asian session

Posted on September 8, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP traded marginally higher against the USD and closed at 1.6326, after the BoE’s latest survey raised its UK consumer inflation expectations for the next 12 months to 2.8%, from 2.6% recorded in May. In the … Continue reading →

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

Posted on September 8, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.12% against the USD and closed at 1.2951, after in Germany, Euro-zone’s biggest economy, the industrial production rose 1.9%, on a monthly basis, in July, marking its biggest rise since March 2012, higher than … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s Q2 GDP

Posted on September 5, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.63% against the USD and closed at 1.2936, following the ECB’s unexpected decision to cut its benchmark interest rates and loosen monetary policy even further. The ECB lowered … Continue reading →

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

Posted on September 5, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.9343 LME Copper prices rose 0.58% or $40.0/MT to $6967.0/MT. Aluminium prices rose 0.34% or $7.0/MT to $2085.0/MT. In … Continue reading →

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USD/CAD: Loonie trading flat, ahead of Canada’s unemployment rate.

Posted on September 5, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0882. In economic news, the Canadian international merchandise trade surplus widened to C$2.58 billion in July, higher than market expectations of … Continue reading →

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USD/CHF: Swiss Franc reverses its losses ahead of Switzerland’s Q2 industrial production

Posted on September 5, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.65% against the CHF and closed at 0.9327. In the Asian session, at GMT0300, the pair is trading at 0.9323, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading higher, ahead of the BoJ’s monthly survey.

Posted on September 5, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.52% against the JPY and closed at 105.39 amid prospects of higher US interest rates after US economic data continued to be encouraging. The yen also came under … Continue reading →

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