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

Posted on July 11, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.8926. In the Asian session, at GMT0300, the pair is trading at 0.8928, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: Too premature to consider QE exit, Japan’s Amari

Posted on July 11, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.33% against the JPY and closed at 101.27. The JPY gained ground after the consumer confidence in Japan improved to its highest level in six months in June. … Continue reading →

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GBP/USD: BoE kept its interest rate unchanged

Posted on July 11, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.15% against the USD and closed at 1.7129, after trade deficit in the UK unexpectedly widened to £2.4 billion in May, raising fears that the strength of the … Continue reading →

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EUR/USD: No urgency for more stimulus measures, says ECB’s Nowotny

Posted on July 11, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.3606, as Euro-zone’s debt-ridden banking sector threw up more concerns following news that Portugal’s biggest bank Banco Espirito Santo failed to … Continue reading →

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AUD/USD: Aussie weakened on soft data from Australia and China

Posted on July 10, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.07% against the USD to close at 0.9412. LME Copper prices rose 0.3% or $18.0/MT to $ 7173.0/MT. Aluminium prices rose 0.7% or $13.5/MT to $ 1924.0/MT. In … Continue reading →

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USD/CAD: Loonie firmer on solid Canadian housing data

Posted on July 10, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0653. The Canadian Dollar traded higher, on the back of stronger than expected figures for Canadian housing starts data. The housing … Continue reading →

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

Posted on July 10, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.8911. In the Asian session, at GMT0300, the pair is trading at 0.8906, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading below its MA’s

Posted on July 10, 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 101.60. On the economic front, the preliminary machine tool orders on an annualised basis rose 34.2% in June, compared to a … Continue reading →

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GBP/USD: British Pound trading tad lower ahead of the BoE’s policy meeting

Posted on July 10, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.7154, after Bank of England’s new policy committee member and head of banking and markets, Nemat Shafik, said that the slack … Continue reading →

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EUR/USD: QE to end in October, if economy matches projections indicates FOMC

Posted on July 10, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.3641. The US Dollar declined after the minutes of the Federal Reserve’s latest meeting failed to give any clarity on when … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on July 9, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.16% against the USD to close at 0.9373. LME Copper prices rose 0.5% or $34.5/MT to $ 7155.0/MT. Aluminium prices rose 0.9% or $16.5/MT to $ 1910.5/MT. In … Continue reading →

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