GBP/USD: Pound extends its losses in the Asian session, ahead of services PMI data

Posted on September 3, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.85% against the USD and closed at 1.6470. In economic news, the UK construction PMI grew at its fastest pace in 7 months to a level of 64.0 … Continue reading →

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

Posted on September 3, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally higher against the USD and closed at 1.3134. In economic news, the PPI in the Euro-zone eased 0.1% in July, compared to a rise of 0.1% in … Continue reading →

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AUD/USD: Aussie trading lower, after the RBA kept the interest rates unchanged

Posted on September 2, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded tad lower against the USD to close at 0.9334. In economic news, the RBA commodity index in SDR terms eased 11.5% in Australia, following a revised drop of … Continue reading →

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GBP/USD: Pound reverses its gains this morning

Posted on September 2, 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 1.6612. In economic news, the UK market PMI edged down in August to 52.5, falling to its lowest level in 14-months, … Continue reading →

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EUR/USD: Euro extends its losses in the Asian session, after German GDP data disappointed investors

Posted on September 2, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded tad lower against the USD and closed at 1.3131, after the German GDP, Euro-zone’s biggest economy, contracted in the second quarter of 2014, the first time since the … Continue reading →

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USD/CAD: Loonie continues its losses, ahead of Canada’s manufacturing PMI

Posted on September 2, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.0872. In the Asian session, at GMT0300, the pair is trading at 1.0894, with the USD trading 0.2% higher from … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Swiss Q2 GDP

Posted on September 2, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9195. The Swiss Franc lost ground, after Switzerland’s manufacturing PMI fell to 52.9 in August, lower than market expectations of a … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on September 2, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 104.32. In economic news, the vehicle sales in Japan eased 5.0% on an annual basis, in August, following a 0.6% rise … Continue reading →

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AUD/USD: Aussie trading higher this morning in Asian session

Posted on September 1, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.18% against the USD to close at 0.9340. LME Copper prices declined 0.5% or $ 38.0 /MT to $ 6995.0 /MT. Aluminium prices rose/declined 0.28% or $ 6.0 /MT to $ 2114.0 /MT. … Continue reading →

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USD/CAD: Canadian economy registered its fastest growth in Q2 2014 since Q3 2011

Posted on September 1, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.14% against the CAD to close at 1.0873. The Canadian economy grew by an annualized rate of 3.1% (Q-o-Q) in Q2 2014, beating consensus estimate for a rise of 2.7%. The Canadian GDP … Continue reading →

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USD/CHF: Swiss Franc continues its losses this morning, ahead of SVME PMI numbers

Posted on September 1, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.32% against the CHF and closed at 0.9181. In economic news, the Swiss KOF economic indicator rebounded unexpectedly in August to a level of 99.5, compared to a level of 97.9 in the … Continue reading →

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