USD/CHF: Swiss Franc continues with its losses in the Asian session

Posted on August 12, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9067. Official data showed that the retail sales in Switzerland rose 3.4% in June, compared to a 0.5% fall in the … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning, ahead of Q2 GDP

Posted on August 12, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.10% against the JPY and closed at 102.22. In economic news, the consumer confidence in Japan rose for the third consecutive month in July after the index advanced … Continue reading →

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GBP/USD: Pound reverses its gain in the Asian session

Posted on August 12, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally higher against the USD and closed at 1.6786. In economic news, the CB leading economic index in the UK rose at a faster rate in June, recording … Continue reading →

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EUR/USD: Euro trading lower, as investors await Euro-zone’s ZEW economic survey result

Posted on August 12, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.3384. Yesterday, the Fed’s VC Stanley Fischer stated that the global economic recovery has been disappointing and the long-run annual growth … Continue reading →

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

Posted on August 11, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.06% against the USD to close at 0.9275. In economic news, the foreign exchange reserves surplus in Australia fell to A$ 62.714 billion in July, from a surplus of A$ 62.872 billion reported … Continue reading →

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USD/CAD: Loonie trading lower as labour force participation falls to a 13-year low

Posted on August 11, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.37% against the CAD to close at 1.0971, after the Canadian labour market continued to disappoint with only 200 new jobs added during July. Market had expected an addition of around 24K jobs … Continue reading →

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USD/CHF: CHF reverses its gain in the Asian session

Posted on August 11, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.34% against the CHF and closed at 0.9058. On the macro level, the Swiss seasonally adjusted unemployment rate remained unchanged at 3.2% for the 13th time in July, as expected by the markets. … Continue reading →

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USD/JPY: Japanese Yen trading lower ahead of BoJ’s economic survey

Posted on August 11, 2014 by GCI Financial

USDJPY Movement On Friday, the USD traded tad higher against the JPY and closed at 102.12. On the macro level, Eco watchers survey for the current situation in Japan climbed to 51.3 in July, its future outlook in Japan declined … Continue reading →

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GBP/USD: Pound trading lower after the UK trade deficit widened in June

Posted on August 11, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP declined 0.32% against the USD and closed at 1.6778, after the release of downbeat trade balance data from the UK. Official data showed that the British trade deficit widened to £9.41 billion in June, from … Continue reading →

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EUR/USD: Euro reverses its gain in the Asian Session

Posted on August 11, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.34% against the USD and closed at 1.3406. In economic news, Germany, Euro-zone’s biggest economy, registered a decline in its trade surplus. The seasonally adjusted trade surplus in Germany narrowed to €16.2 billion in … Continue reading →

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GBP/USD: BoE keeps interest rates unchanged at 0.5% and held the size of its bond-buying program steady

Posted on August 8, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.6832. The Bank of England (BoE) left its benchmark interest rate unchanged at a record-low level of 0.5%, the level it … Continue reading →

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