EUR/USD: Euro-zone’s unemployment and consumer inflation rate eased ahead of first-quarter GDP data

Posted on June 4, 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 1.3626, as Euro-zone’s unemployment rate surprisingly fell to 11.7% in April, the lowest level in 18 months. However, the annual consumer … Continue reading →

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AUD/USD: RBA keeps its interest rate unchanged at 2.5% in June

Posted on June 3, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.70% against the USD to close at 0.9241. LME Copper prices edged up 0.1% or $7.5/MT to $7003.0/MT. Aluminium prices declined 0.4% or $7.0/MT to $1816.5/MT. In the … Continue reading →

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USD/CAD: Loonie trading a tad higher amid a lack of economic releases from Canada

Posted on June 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0900. In the Asian session, at GMT0300, the pair is trading at 1.0898, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/CHF: SVME PMI fell to its lowest level in a year in May

Posted on June 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CHF and closed at 0.8985, buoyed by the latest batch of strong manufacturing PMI data from the US economy. On the other hand, the Swiss … Continue reading →

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USD/JPY: BoJ would not hesitate to alter its ultra-easy policy, reiterates, BoJ Chief, Kuroda

Posted on June 3, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.57% against the JPY and closed at 102.40. In the Asian session, at GMT0300, the pair is trading at 102.39, with the USD trading a tad lower from … Continue reading →

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GBP/USD: UK Pound steady in the morning session

Posted on June 3, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.6746, as data showed that mortgage approvals in the UK fell for the third-straight month to a nine-month low level of … Continue reading →

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EUR/USD: Euro trading marginally higher with focus on Euro-zone’s consumer inflation and unemployment data

Posted on June 3, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.3597, as the latest batch of lacklustre economic releases from the Euro-zone and its member nations fuelled concerns on the recovery … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on June 2, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened marginally against the USD to close at 0.9306. LME Copper prices rose 0.4% or $25.5/MT to $6995.5/MT. Aluminium prices jumped 2.2% or $39.0/MT to $1823.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canada’s first quarter GDP rose at the slowest pace since the 2009 recession

Posted on June 2, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.07% against the CAD to close at 1.0847, as the Canadian Dollar lost ground after data showed that growth in the Canadian economy contracted more-than-expected 1.2% in the first quarter of 2014, the … Continue reading →

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USD/CHF: ECB’s decision for additional stimulus measure would not impact SNB’s cap on the Franc, hints SNB’s Jordan

Posted on June 2, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.41% against the CHF and closed at 0.8942. On the economic front, Switzerland’s KOF leading indicator fell for the third consecutive month to a reading of 99.8 in May. Meanwhile, in an interview … Continue reading →

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USD/JPY: IMF urges the BoJ to maintain its current aggressive policy measures for an extended period of time

Posted on June 2, 2014 by GCI Financial

USDJPY Movement On Friday, the USD marginally strengthened against the JPY and closed at 101.75. In economic news, housing starts in Japan fell less-than-expected 3.3% (YoY) in April while Japanese construction orders surged 104.9%, compared to an 8.8% decline recorded … Continue reading →

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