GBP/USD: Pound trading lower ahead of a slew of economic releases in the UK economy

Posted on June 2, 2014 by GCI Financial

GBPUSD Movement On Friday, the GBP rose 0.31% against the USD and closed at 1.6771, as the greenback lost ground following a more-than-expected fall in the US consumer sentiment index for May. In the UK, a BoE policymaker, Andrew Haldane, … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro pares its gains in the Asian session

Posted on June 2, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.28% against the USD and closed at 1.3640, as the latter came under pressure from a 2.2 points drop in the US Reuters/Michigan consumer sentiment index for May to 81.9 and as the … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie extends its gains in the Asian session

Posted on May 30, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.80% against the USD to close at 0.9307, as an optimistic report on Australia’s capital spending lifted the Aussie while a lacklustre US GDP data weighed on the … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading slightly higher ahead of Canada’s GDP data

Posted on May 30, 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 1.0839. In economic news, Canada posted a current account deficit of C$12.4 billion in the first quarter of 2014, the lowest … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad higher with focus on the KOF leading indicator

Posted on May 30, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.8979. In the Asian session, at GMT0300, the pair is trading at 0.8975, with the USD trading slightly lower from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s core consumer prices rose at the fastest pace in 23 years in April

Posted on May 30, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.74, hurt by a dismal US GDP data for the first quarter of 2014. In the Asian session, at GMT0300, the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK Gfk consumer confidence improves to a nine-year high level in May

Posted on May 30, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.6720, as a lacklustre US GDP data weighed on the greenback. The British Pound benefited from a report that showed the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading marginally higher against its US counterpart in the morning session

Posted on May 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.3602, as the latter came under pressure from a higher-than-expected 1.0% drop in the US Q1 GDP data which signalled a … Continue reading →

Posted in EUR/USD | Comments Off

USD/CHF: Swiss GDP rose a faster rate in the first quarter

Posted on May 29, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.8984. In economic releases, Switzerland’s GDP rose 0.5% (QoQ) in the first quarter of 2004, faster than a 0.2% pace of … Continue reading →

Posted in USD/CHF | Comments Off

AUD/USD: Aussie snaps losses on the back of upbeat spending outlook

Posted on May 29, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.30% against the USD to close at 0.9233. LME Copper prices edged up 0.2% or $15.0/MT to $7035.0/MT. Aluminium prices rose 1.4% or $24.0/MT to $1801.5/MT. In the … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie pares its losses in the Asian trading hours

Posted on May 29, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.0871, amid lack of economic releases from the Canadian economy. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Posted in USD/CAD | Comments Off