USD/JPY: Japan would take more than 2 years to achieve 2.0% inflation target, opines BoJ’s Sayuri Shirai

Posted on May 29, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 101.76. In the Asian session, at GMT0300, the pair is trading at 101.70, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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GBP/USD: BoE should start raising interest rate soon than later, opines BoE’s Martin Weale

Posted on May 29, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.6714. In an interview with the Financial Times, a BoE policymaker, Martin Weale opined that the BoE should not delay in … Continue reading →

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EUR/USD: Governing Council willing to use conventional and unconventional measures to fight low-inflation, hints ECB’s Yves Mersch

Posted on May 29, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3594, as data showed that unemployment in Germany, the largest economy in the Euro-zone, unexpectedly rose for the first time in … Continue reading →

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AUD/USD: Aussie extends its gains against the US Dollar in the morning session

Posted on May 28, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.16% against the USD to close at 0.9261. LME Copper prices rose 0.4% or $29.0/MT to $7020.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1777.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher amid lack of Canadian economic data

Posted on May 28, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0858, as the recent batch of upbeat economic releases from the US economy increased demand of the US Dollar. In the … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower ahead of the Swiss GDP data

Posted on May 28, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.8967, buoyed by the recent batch of strong economic releases from the world’s largest economy. Meanwhile, the Swiss Franc came under … Continue reading →

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USD/JPY: Yen reverses its direction in the Asian trading hours

Posted on May 28, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 101.99, following the recent batch of healthy economic releases from the US economy. Meanwhile, in Japan, media reports showed that the … Continue reading →

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GBP/USD: Pound trading marginally higher in the Asian session

Posted on May 28, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.6810, as the latest batch of encouraging economic data from the US spurred demand for the greenback. Meanwhile, in the UK, … Continue reading →

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EUR/USD: Euro trading slightly higher ahead of Euro-zone’s consumer and business confidence data

Posted on May 28, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.3635, as the latter received a boost from the latest batch of upbeat US economic releases. Data from the US showed … Continue reading →

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AUD/USD: Aussie extends its upward direction in the morning trading hours

Posted on May 27, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.9246, in a quiet trading session. LME Copper prices declined 0.4% or $30.0/MT to $6991.0/MT. Aluminium prices rose 0.3% or $5.5/MT … Continue reading →

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USD/CAD: Loonie continues to trade higher against its US counterpart in the Asian session

Posted on May 27, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0857, reversing its Friday’s losses triggered by a slowdown in Canada’s month-on-month consumer inflation rate. In the Asian session, at GMT0300, … Continue reading →

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