USD/CAD: Loonie trading above its MA’s

Posted on July 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0730. The Canadian Dollar gained ground after a report indicated that retail sales in Canada rose for a second straight month … Continue reading →

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USD/CHF: Swiss France is trading tad lower this morning

Posted on July 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9025. In the Asian session, at GMT0300, the pair is trading at 0.9026, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/JPY: Yen nudged lower this morning on the back of soft data from Japan

Posted on July 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 101.54. In the Asian session, at GMT0300, the pair is trading at 101.56, with the USD trading marginally higher from yesterday’s … Continue reading →

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GBP/USD: UK economy is gaining momentum, BoE’s Carney

Posted on July 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.7036, after the Bank of England in its minutes of its latest meeting failed to provide any insights on the probable … Continue reading →

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EUR/USD: IMF trims US 2014 growth forecast

Posted on July 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3460, as investor appetite continued to be strained about the effects of possible fresh sanctions against Russia by the EU on … Continue reading →

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AUD/USD: Aussie trading on a higher footing amid upbeat inflation numbers from Australia

Posted on July 23, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.25% against the USD to close at 0.9391. LME Copper prices rose 1.0% or $71.0/MT to $ 7060.5/MT. Aluminium prices rose 1.6% or $32.5/MT to $ 2020.5/MT. In … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on July 23, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 1.0741. The US Dollar was aided by upbeat inflation and home sales data from the US. In the Asian session, at … Continue reading →

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USD/CHF: Swiss France extends its decline this morning

Posted on July 23, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 0.9022. The Swiss Franc came under pressure after data showed that the trade surplus in Switzerland narrowed more than expected to … Continue reading →

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USD/JPY: Japan may witness end of deflation, BoJ’s Hiroshi Nakaso

Posted on July 23, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 101.47. Economic data from the Cabinet Office released yesterday indicated that Japan’s leading economic index declined to the lowest level since … Continue reading →

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GBP/USD: Pound trading tad higher ahead of the BoE minutes

Posted on July 23, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.7067. In economic news, official data revealed that public sector net borrowing surplus in the UK fell to £9.5 billion in … Continue reading →

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EUR/USD: US inflation numbers for June came in line-with-expectations

Posted on July 23, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.3466. The greenback gained ground following upbeat data from the US, suggesting that the Federal Reserve may hike its key interest … Continue reading →

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