USD/JPY: Japan’s national annual consumer inflation rate rose to 1.6% in March

Posted on April 25, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 102.31. The Japanese yen rose as escalating tensions between Russia and Ukraine bolstered its safe-haven appeal. In the Asian session, at … Continue reading →

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GBP/USD: Pound trading marginally lower ahead of the UK retail sales data

Posted on April 25, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.6808, after the Confederation of British Industry (CBI), in its distributive trades survey, reported that retail sales in the UK grew … Continue reading →

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EUR/USD: ECB ready to start board-based asset purchases should inflation outlook deteriorate, indicates ECB Chief, Draghi

Posted on April 25, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.3831, after the CESifo Group reported that its index on Germany’s business climate and future economic expectations unexpectedly rose to a … Continue reading →

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AUD/USD: Aussie trading higher this morning, following yesterday’s fall

Posted on April 24, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.86% against the USD to close at 0.9289, following Australian consumer inflation data. LME Copper prices rose 0.2% or $16.5/MT to $6645.0/MT. Aluminium prices declined 0.6% or $11.5/MT to … Continue reading →

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USD/CAD: Loonie trading flat amid lack of economic releases in the Canadian economy

Posted on April 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1032. On the economic front, retail sales in Canada rose 0.5% (MoM) for the second consecutive month in February to C$41.03 … Continue reading →

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USD/CHF: Franc extends its gains ahead of the Swiss trade balance data

Posted on April 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.8834. In the Asian session, at GMT0300, the pair is trading at 0.8828, with the USD trading 0.07% lower from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad higher with focus of Japan’s consumer inflation data

Posted on April 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 102.50. The Japanese Yen rose against the US Dollar as lacklustre economic releases from US and China, coupled with escalating tensions … Continue reading →

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GBP/USD: BoE minutes highlights growing dissent among policymakers over slackness in the UK economy

Posted on April 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.6783, after the minutes from the Bank of England’s April 9 policy meeting highlighted policymaker’s dissent over the amount of slack in … Continue reading →

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EUR/USD: Euro trading higher ahead of the ECB President, Mario Draghi’s speech

Posted on April 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3817, after Markit Economics reported that the Euro-zone’s composite PMI surprisingly advanced to a reading of 54.0 in April, the highest level … Continue reading →

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EUR/USD: ECB still has several instruments to loosen monetary policy, hints ECB’s Coeure

Posted on April 23, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.3807, benefited from a report that showed consumer confidence in the Euro-zone economy improved more-than-expected by 0.6 points (MoM) to -8.7 … Continue reading →

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AUD/USD: Aussie pares gains following Australia’s consumer inflation data

Posted on April 23, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.36% against the USD to close at 0.9370. LME Copper prices edged down slightly by $2.5/MT to $6628.5/MT. Aluminium prices rose 0.5% or $10.0/MT to $1847.0/MT. In the … Continue reading →

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