USD/JPY: Industrial production in Japan rebounds in May

Posted on June 30, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.23% against the JPY and closed at 101.43. In the Asian session, at GMT0300, the pair is trading at 101.29, with the USD trading 0.14% lower from Friday’s close. Earlier today, data released … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK GDP expands in-line with market estimates for the first quarter of 2014

Posted on June 30, 2014 by GCI Financial

GBPUSD Movement On Friday, the GBP rose 0.09% against the USD and closed at 1.7044, as data confirmed that UK GDP rose 0.8% (QoQ) in the first quarter, faster than the 0.7% pace of rise in the preceding quarter, helped … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: No deflation threats in the Euro-zone, opines, ECB’s Yves Mersc

Posted on June 30, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.26% against the USD and closed at 1.3648, shrugging off its initial losses, after data showed that consumer prices in Germany, Euro-zone’s largest economy, rose more than expected to 0.3% (MoM) in June. … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australian house price rise in-line with RBA expectations, hints RBA’s Kent

Posted on June 27, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.9414. Yesterday, Moody’s Investors Service cautioned that the recent price-rise of Australian houses could face a downward correction if the Australian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its gains against the greenback in the Asian session

Posted on June 27, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.0692. In economic news, the Statistics Canada reported that average weekly earnings of Canadian non-farm payroll employees rose 3.3% (YoY) in … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Maintaining a cap on the Swiss Franc remains an appropriate policy measure, says, SNB President, Jordon

Posted on June 27, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.8935. Yesterday, the SNB Chief, Thomas Jordan, through an article in the Global Public Investor 2014 report, indicated that the Swiss … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading higher following strong Japanese consumer inflation data

Posted on June 27, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 101.66. In the Asian session, at GMT0300, the pair is trading at 101.51, with the USD trading 0.15% lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Gfk consumer confidence in the UK economy rose at the fastest pace in more-than 9 years in June

Posted on June 27, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.7028, amid speculations that the newly introduced BoE mortgage limits would not hamper UK’s economic growth. Yesterday, the BoE, in its … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher ahead of Euro-zone’s consumer and economic sentiment data

Posted on June 27, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.3613, as the greenback advanced after data showed that initial claims for unemployment benefits in the US fell by 2,000 to … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading a tad lower amid a lack of economic releases from Australia

Posted on June 26, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.9401, as the latter declined following the releases of a lacklustre US GDP and durable goods orders data. LME Copper prices … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its upward direction in the Asian trading hours

Posted on June 26, 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 1.0723, as the latest batch of downbeat US economic releases weighed on the demand for the greenback. In the Asian session, … Continue reading →

Posted in USD/CAD | Comments Off