GBP/USD: UK House prices slowed in July, Nationwide

Posted on August 1, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.6888. Yesterday, the Nationwide reported that on a monthly basis, the seasonally adjusted house prices in the UK climbed 0.1% in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: US Dollar trading tad higher ahead of US nonfarm payrolls data

Posted on August 1, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3389, after inflation in the Euro-zone continued its downward trend and fell to its lowest level in almost five years in … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: China’s economy to rise 7.5% this year, IMF

Posted on July 31, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.9325. Yesterday, the IMF stated that Australia’s largest trading partner, China would register economic growth at about 7.5% in 2014, with … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading tad higher ahead of Canada’s GDP data

Posted on July 31, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0905 after the Fed’s upbeat assessment of the US economy. In economic news, the industrial product price index in Canada unexpectedly … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its losing streak in the Asian session.

Posted on July 31, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9089, following Fed’s optimistic view about the health of the US economy. In economic news, the KOF economic barometer in Switzerland … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: BoJ should contemplate considering zero rates in future, BoJ’s Kiuchi

Posted on July 31, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.74% against the JPY and closed at 102.85 following a strong rebound in its economic growth data from the US. Meanwhile, the Fed’s view optimistic view of the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK consumer confidence for July dips for the first time in six months

Posted on July 31, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.6907. The greenback continued to remain supported following the Fed’s monetary policy meeting and upbeat economic growth data from the US. … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Fed presents an upbeat assessment of the US economy

Posted on July 31, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.3394. The US Dollar strengthened against the Euro, after the Federal Reserve in its monthly monetary policy meeting upgraded its outlook … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie extends its losses in the Asian session

Posted on July 30, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.24% against the USD to close at 0.9386 following upbeat data from the US. LME Copper prices declined 0.2% or $16.0/MT to $ 7116.0 /MT. Aluminium prices declined … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie loses ground this morning

Posted on July 30, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.0851, after consumer confidence in the US surged to its highest level since 2007 in July. Yesterday, a survey by the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading above its MA’s

Posted on July 30, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9069. In the Asian session, at GMT0300, the pair is trading at 0.9068, with the USD trading marginally lower from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off