USD/CHF: Swiss Franc trading marginally higher against the greenback in the morning session

Posted on June 26, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.8928, as the US economy shark more than market expectations for the first quarter of 2014. On the economic front, the … Continue reading →

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USD/JPY: Yen continues to trade higher against the US Dollar in the Asian session

Posted on June 26, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.12% against the JPY and closed at 101.82, hurt by downbeat US GDP and durable goods orders data. Yesterday, a poll from Reuters showed that majority of the … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of BoE Governor, Carney’s speech

Posted on June 26, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP finished flat against the USD and closed at 1.6985, amid lack of major economic releases in the UK economy. However, later during the day, the Confederation of British Industry … Continue reading →

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EUR/USD: Greenback extends its fall following lacklustre US GDP data

Posted on June 26, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.3630, as demand for the greenback declined following the latest batch of soft economic releases from the US economy. Revised data … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on June 25, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.63% against the USD to close at 0.9366. LME Copper prices edged up marginally by $2.5/MT to $6898.5/MT. Aluminium prices rose 0.1% or $1.5/MT to $1858.5/MT. In the … Continue reading →

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USD/CAD: Loonie continues to trade lower amid a lack of economic releases from Canada

Posted on June 25, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.0745. In the Asian session, at GMT0300, the pair is trading at 1.0750, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc steady ahead of UBS consumption data

Posted on June 25, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8941. In economic news, the Swiss Bankers Association, following SNB’s and the IMF’s repeated warning, agreed to curbed some of its … Continue reading →

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USD/JPY: Yen snaps losses in the Asian session

Posted on June 25, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 101.94. In a noteworthy event, yesterday, Japan’s Prime Minister, Shinzo Abe, announced a package of measures, including corporate tax cuts and … Continue reading →

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GBP/USD: UK economy still has spare capacity to be absorbed before an interest rate hike, says BoE Governor, Carney

Posted on June 25, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.6985, as BoE Governor, Mark Carney’s dovish comments on the nation’s labour market conditions dampened expectations for an early interest rate … Continue reading →

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EUR/USD: Greenback steady ahead of the US first-quarter GDP data

Posted on June 25, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3605, paring its initial losses, triggered by the latest batch of downbeat German IFO data for June. The CESifo Group reported … Continue reading →

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AUD/USD: Aussie trading a tad higher this morning

Posted on June 24, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.46% against the USD to close at 0.9425, benefiting from an upbeat Chinese manufacturing PMI data. LME Copper prices jumped 1.8% or $123.5/MT to $6901.0/MT. Aluminium prices rose … Continue reading →

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