USD/CAD: Loonie continues to trade lower in the morning

Posted on April 23, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD to close at 1.1028. Yesterday, official data from Canada showed that wholesale sales in the nation rose 1.1% to C$50.67 billion, the largest increase … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the Asian session

Posted on April 23, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.8848. On the economic front, Switzerland’s M3 money supply growth accelerated for the third consecutive month by 9.0% (YoY) in March, … Continue reading →

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USD/JPY: Japan’s consumer inflation in FY2013 might have exceeded BoJ’s expectations, opines BoJ Governor

Posted on April 23, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 102.63. In economic news, Japan’s leading index fell less-than-estimated in February to a near a six-month low reading of 108.9 while … Continue reading →

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GBP/USD: Pound trading tad higher with focus on BoE minutes

Posted on April 23, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.20% against the USD and closed at 1.6823, ahead of the release of the minutes from the Bank of England’s (BoE) latest monetary policy meeting, which is widely … Continue reading →

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AUD/USD: Aussie trading higher ahead of Australia’s consumer inflation data scheduled on Wednesday

Posted on April 22, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9336, in an Easter Monday holiday trading session. LME Copper prices rose 0.5% or $31.0/MT to $6631.0/MT. Aluminium prices advanced 0.2% or … Continue reading →

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USD/CAD: Loonie converging with its MA’s

Posted on April 22, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the CAD to close at 1.1021, in a quiet holiday session. In the Asian session, at GMT0300, the pair is trading at 1.1020, with … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian trading hours

Posted on April 22, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD gained 0.23% against the CHF and closed at 0.8853, in a holiday-thin trading session. In the Asian session, at GMT0300, the pair is trading at 0.8848, with the USD … Continue reading →

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USD/JPY: Yen trading tad higher in the morning session

Posted on April 22, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 102.68. The Japanese Yen came under pressure after trade deficit in Japan jumped nearly 70% to a record 13.75 trillion in … Continue reading →

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GBP/USD: CEBR raised UK’s growth forecast for 2014 and 2015

Posted on April 22, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.6790, in a subdued trading session, on account of Easter Monday public holiday. In a noteworthy event, the Centre of Economics … Continue reading →

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

Posted on April 22, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.3792, in a thin-holiday trading session. Meanwhile, the US Dollar gained ground after the Conference Board reported that its leading index … Continue reading →

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

Posted on April 17, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.32% against the USD to close at 0.9373. LME Copper prices declined 0.5% or $30.0/MT to $6600.0/MT. Aluminium prices rose 0.9% or $16.5/MT to $1833.0/MT. In the Asian session, … Continue reading →

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