AUD/USD: Aussie converging with its MA’s

Posted on July 7, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.19% against the USD to close at 0.9365. LME Copper prices rose 0.5% or $38.0/MT to $ 7159.0/MT. Aluminium prices rose 0.2% or $ 3.0/MT to $ 1893.0/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading above its MA’s

Posted on July 7, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.16% against the CAD to close at 1.0657. In the Asian session, at GMT0300, the pair is trading at 1.0663, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss France extends its losses in the Asian session

Posted on July 7, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.13% against the CHF and closed at 0.8945. In the Asian session, at GMT0300, the pair is trading at 0.8955, with the USD trading 0.11% higher from Friday’s close. The pair is expected … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher this morning

Posted on July 7, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.14% against the JPY and closed at 102.06. On the macro front, Japan’s official reserves remained unchanged at $1,283.9 billion at the end of June 2014, compared to the reserves recorded at the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Britain would be fifth largest economy by 2020

Posted on July 7, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally rose against the USD and closed at 1.7155. Over the weekend, a private research revealed that the UK may overtake France to become the second largest economy in Europe and the fifth largest in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Risk of deflation has been avoided, ECB’s Noyer

Posted on July 7, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.12% against the USD and closed at 1.3593. The US Dollar traded on a higher footing, amid increasing speculation that the minutes of the Fed’s latest monetary policy meeting to be released later during … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie reverses its losses in the Asian session.

Posted on July 4, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.95% against the USD to close at 0.9347. The Aussie continued to trade lower and extended its previous day’s losses triggered by comments from the Reserve Bank Governor, Glenn … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading below its MA’s

Posted on July 4, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.0640. The Canadian Dollar found support after the nation posted a narrower-than-expected trade deficit to C$152 million from the revised C$961 … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on July 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.8933. In the Asian session, at GMT0300, the pair is trading at 0.8933, with the USD is trading flat from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on July 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.42% against the JPY and closed at 102.21, after data indicated that the US economy added more-than-expected private sector jobs in June, while the unemployment rate unexpectedly fell … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK Services PMI fall more than expectations in June

Posted on July 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.7153, after data revealed that the nation’s dominant services sector dropped to a 3-month low level of 57.7 in June, compared to … Continue reading →

Posted in GBP/USD | Comments Off