USD/JPY: Japanese industrial production fell sharply in June

Posted on July 30, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 102.10 following upbeat US consumer confidence data. In the Asian session, at GMT0300, the pair is trading at 102.10, with the … Continue reading →

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GBP/USD: Current account deficit not a threat to growth, BoE’s Broadbent

Posted on July 30, 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 1.6944. However, data revealed that the number of mortgage approvals for house purchases in the UK rose to 67.2K in June, … Continue reading →

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EUR/USD: US Dollar trading tad lower ahead of the Fed’s interest rate decision

Posted on July 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.3409. The US dollar was boosted after data released indicated that consumer confidence index in the US climbed surprisingly to a … Continue reading →

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AUD/USD: S&P affirms Australia’s rating at AAA/A-1+

Posted on July 29, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.9409. Yesterday, data from China, Australia’s biggest trading partner, revealed that CB leading index in China climbed to 100.06 in June, … Continue reading →

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

Posted on July 29, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.0800. In the Asian session, at GMT0300, the pair is trading at 1.0803, with the USD trading marginally higher from yesterday’s … Continue reading →

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

Posted on July 29, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9041, following a disappointing pending home sales data from the US. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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USD/JPY: Yen loses ground following downbeat data from Japan

Posted on July 29, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 101.85. Yesterday, Japan announced that it would impose further sanctions against Russia by banning imports of products from Crimea and by … Continue reading →

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GBP/USD: British Pound is ‘overvalued’, indicates IMF

Posted on July 29, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose tad higher against the USD and closed at 1.6982, reversing its initial losses after the IMF raised concerns over the strength of the British Pound, which may hinder … Continue reading →

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

Posted on July 29, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3439. On the macro front, business confidence in Italy unexpectedly declined to a level of 99.7 in July, as compared to … Continue reading →

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USD/CAD: Loonie trading above its MA’s

Posted on July 28, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.60% against the CAD to close at 1.0810 following upbeat durable goods orders data from the US. In the Asian session, at GMT0300, the pair is trading at 1.0813, with the USD trading … Continue reading →

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USD/CHF: Swiss Franc trading tad lower in the Asian session

Posted on July 28, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.23% against the CHF and closed at 0.9046. In the Asian session, at GMT0300, the pair is trading at 0.9049, with the USD trading marginally higher from Friday’s close. The pair is expected … Continue reading →

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