EUR/USD: Euro fell on Euro-zone deteriorating investor confidence.

Posted on August 5, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3421. The Sentix index of investor confidence fell sharply to 2.7 in August, the lowest level in 12 months, highlighting that … Continue reading →

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AUD/USD: Australian retail sales rebounds above expectations in June

Posted on August 4, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD marginally strengthened against the USD to close at 0.9307. Over the weekend, China’s official non-manufacturing PMI fell to a six-month low level of 54.2 in July from 55.0 in June. LME Copper prices declined … Continue reading →

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USD/CAD: Loonie trading tad higher in the Asian session

Posted on August 4, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.0925. Canada reported a rise in its manufacturing PMI. The nation reported a reading of 54.3 in July, compared to a reading of 53.5 a month … Continue reading →

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

Posted on August 4, 2014 by GCI Financial

USDCHF Movement On Friday the USD declined 0.30% against the CHF and closed at 0.9061, amid thin trading on account of a national holiday in Switzerland. In the Asian session, at GMT0300, the pair is trading at 0.9064, with the … Continue reading →

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USD/JPY: Yen reverses its gain in the Asian session.

Posted on August 4, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.21% against the JPY and closed at 102.59 after the US reported a weaker than expected employment data. Over the weekend, Japan’s monetary base in July on an annual basis rose to 42.7% … Continue reading →

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GBP/USD: UK July manufacturing PMI eased at its slowest pace in a year

Posted on August 4, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP declined 0.41% against the USD and closed at 1.6818 after the UK’s factory activity expanded at a slower-than-expected rate. The manufacturing PMI declined to a reading of 55.4 in July. Market expectations were in line … Continue reading →

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

Posted on August 4, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.27% against the USD and closed at 1.3425. The USD lost ground following disappointing economic releases from the US. The nation’s unemployment rate rose to 6.2%, against market expectations of rate to steady … Continue reading →

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AUD/USD: AiG performance of manufacturing index comes to expansion territory in July

Posted on August 1, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.25% against the USD to close at 0.9302. LME Copper prices rose 0.6% or $ 45.5/MT to $ 7135.5/MT. Aluminium prices rose 1.7% or $ 34.0/MT to $ … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session despite upbeat GDP data from Canada

Posted on August 1, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0906. The Canadian Dollar lost ground despite Canada’s economic growth data registering its fifth monthly rise, expanding 0.4% (MoM) in May … Continue reading →

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USD/CHF: Swiss Franc converging with its MA’s

Posted on August 1, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9088. The Swiss Franc gained ground despite Moody’s slashing its outlook for Swiss banking system to ‘Negative’ from ‘Stable’. In the … Continue reading →

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USD/JPY: Yen trading lower following soft PMI data.

Posted on August 1, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 102.81. Yesterday, the IMF urged Japan to continue implementing economic reforms in the nation as failure to do so would endanger … Continue reading →

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