USD/CAD: BoC kept its interest rate unchanged at 1.0%

Posted on April 17, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.1011. The Canadian Dollar lost ground after the Bank of Canada (BoC) kept its benchmark interest rate unchanged at 1.0% for … Continue reading →

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USD/CHF: ZEW economic sentiment for Swiss economy unexpectedly deteriorated to a reading of 7.0 this month

Posted on April 17, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.8814. However, dovish comments from the Fed Chief, Janet Yellen, kept the greenback’s gains in check. Meanwhile, the Swiss Franc came … Continue reading →

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USD/JPY: “BoJ would maintain its QE measure until necessary to achieve 2% price target,” says BoJ Chief, Kuroda

Posted on April 17, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 102.21. In the Asian session, at GMT0300, the pair is trading at 101.97, with the USD trading 0.23% lower from yesterday’s … Continue reading →

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GBP/USD: UK unemployment rate fell to a five-year low 6.9%

Posted on April 17, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6803, after data showed that Britain’s unemployment rate unexpectedly dropped to a five-year low level of 6.9% in the three months to … Continue reading →

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EUR/USD: Euro-zone’s annual consumer inflation rate confirmed at a four-year low reading of 0.5%

Posted on April 17, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3825, shrugging off its former losses, triggered by the latest batch of soft economic releases from the Euro-zone economy. Yesterday, data showed … Continue reading →

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AUD/USD: Aussie reverses its losses in the morning session

Posted on April 16, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.73% against the USD to close at 0.9343, hurt by the RBA minute’s dovish stance on the Aussie. LME Copper prices declined 0.2% or $15.0/MT to $6630.0/MT. Aluminium prices … Continue reading →

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USD/CAD: Loonie trading flat as traders await the BoC’s interest rate decision

Posted on April 16, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0986, following the release of a strong US consumer inflation data for March. In Canada, data showed that manufacturing shipments in … Continue reading →

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USD/CHF: Swiss Franc steady in the Asian session

Posted on April 16, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.8805, as traders cheered an upbeat rise in the US consumer price index for March. On the economic front, Switzerland’s producer … Continue reading →

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USD/JPY: Japan making progress towards the central bank’s 2% inflation target, reiterates BoJ Chief, Kuroda

Posted on April 16, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 101.88. Yesterday, Japan’s Chief Cabinet Secretary, Yoshihide Suga indicated that, during a lunch meeting, Japan Prime Minster, Shinzo Abe and the … Continue reading →

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GBP/USD: Pound trading marginally higher with focus on UK claimant count and unemployment data

Posted on April 16, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6724, as the latter advanced following an upbeat US consumer inflation data. In the UK, the National Statistics reported that consumer price … Continue reading →

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EUR/USD: Euro trading tad higher ahead of the Euro-zone’s consumer inflation data

Posted on April 16, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3811. The US Dollar advanced after an official report showed that annual consumer inflation rate in the US rose more-than-expected to 1.5% … Continue reading →

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