GBP/USD: Pound trading lower, ahead of the BoE’s inflation expectations

Posted on September 5, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.87% against the USD and closed at 1.6320, after the BoE stuck to its current loose monetary policy, despite two policymakers voting for a rate hike at the … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session, after the BoJ kept its monetary policy unchanged

Posted on September 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.27% against the JPY and closed at 104.84. In the Asian session, at GMT0300, the pair is trading at 104.88, with the USD trading tad higher from yesterday’s … Continue reading →

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EUR/USD: Euro trading lower, ahead of the ECB’s interest rate decision

Posted on September 4, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.3151, following report about a possible cease-fire agreement between Russia and Ukraine. The service sector in Germany, Euro-zone’s biggest economy further … Continue reading →

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AUD/USD: Aussie trading on a higher footing this morning

Posted on September 4, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.71% against the USD to close at 0.9345. LME Copper prices declined 0.55% or $ 38.5/MT to $ 6927.0/MT. Aluminium prices declined 0.24% or $ 5.0/MT to $ … Continue reading →

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USD/CAD: Loonie trading lower, after the BoC kept its interest rates on hold at 1.0%

Posted on September 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0888. In economic news, the BoC left its benchmark rates unchanged in August, at 1%, in line with market expectations. Additionally, … Continue reading →

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

Posted on September 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9176. In the Asian session, at GMT0300, the pair is trading at 0.9178, with the USD trading tad higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE’s interest rate decision

Posted on September 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded tad lower against the USD and closed at 1.6463. In economic news, the service sector activity in the UK expanded at the fastest pace in 10 months in … Continue reading →

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AUD/USD: Australian economy grew more than expected in 2Q 2014

Posted on September 3, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.59% against the USD to close at 0.9279. LME Copper prices declined 0.01% or $1.0/MT to $6965.5/MT. Aluminium prices rose 0.05% or $1.0/MT to $2083.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower, ahead of the BoC’s interest rate decision

Posted on September 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD to close at 1.0928. On the macro front, Canada’s manufacturing sector gained momentum after the nation’s manufacturing PMI climbed to a level of 54.8 … Continue reading →

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USD/CHF: Swiss GDP remained flat in 2Q 2014

Posted on September 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded tad lower against the CHF and closed at 0.9191. In economic news, the Switzerland’s economy stagnated on a quarterly basis in 2Q 2014, following an expansion of 0.5% … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session, after Japan’s services sector contracted in August

Posted on September 3, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.77% against the JPY and closed at 105.12. In the Asian session, at GMT0300, the pair is trading at 105.19, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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