GBP/USD: Pound trading higher, after the Q2 GDP came in line with market estimate

Posted on August 18, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally rose 0.18% against the USD and closed at 1.6716, as the British economy maintained its momentum in the second quarter of 2014, registering a 0.8% quarterly growth in the April-June quarter, mirroring a similar … Continue reading →

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EUR/USD: Euro continues with its gain in the Asian session

Posted on August 18, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.20% against the USD and closed at 1.3390. The greenback lost ground after the consumer sentiment in the US unexpectedly fell to 9-month low in August. The Michigan Consumer Sentiment Index in the US … Continue reading →

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AUD/USD: Aussie continues with its gain in the Asian session

Posted on August 15, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.9318. LME Copper prices declined 0.6% or $39.0/MT to $6886.5/MT. Aluminium prices declined 1.0% or $21.0/MT to $2005.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on August 15, 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 1.0906. On macro front, Canada’s new housing prices climbed for a consecutive seventh month, registering a 0.2% rise in June, on … Continue reading →

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

Posted on August 15, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9067. In economic news, Swiss producer and import prices fell 0.8% (Y-o-Y) in July, against a similar fall in the previous … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on August 15, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 102.48. Yesterday, global rating agency, Fitch Ratings indicated that the Japanese economy is “weathering” the recent sales tax hike, further cautioning … Continue reading →

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GBP/USD: Pound trading flat, ahead of the UK’s Q2 GDP data

Posted on August 15, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.6686. In the Asian session, at GMT0300, the pair is trading at 1.6686, with the GBP trading flat from yesterday’s close. … Continue reading →

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EUR/USD: Euro trading lower, after the Eurozone’s economic growth for the second quarter faltered

Posted on August 15, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3363, following disappointing economic data from the Eurozone, with both Germany and France reporting worse than expected GDP growth. The German … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on August 14, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.40% against the USD to close at 0.9305. In economic news, Retail sales in China, Australia’s biggest trading partner, advanced 12.2% in July, on an annual basis, lesser … Continue reading →

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USD/CAD: Loonie reverses its gain in the Asian session

Posted on August 14, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0913, following poor retail sales data from the US. In economic news, the Teranet/National Bank house price index registered a rise … Continue reading →

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

Posted on August 14, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9074. In economic news, the economic sentiment in Switzerland increased more than expected in August, a month after hitting an 18-month … Continue reading →

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