AUD/USD: Aussie pares its gains following the RBA minutes

Posted on April 15, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 0.9412. LME Copper prices declined 0.6% or $41.0/MT to $6645.0/MT. Aluminium prices fell 0.4% or $7.0/MT to $1833.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie snaps gains in the morning session

Posted on April 15, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.0968, despite robust retail sales data which rose at the fastest pace since September 2012. Meanwhile, the Loonie continued to gain … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower in the Asian session

Posted on April 15, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.8804. In the Asian session, at GMT0300, the pair is trading at 0.8805, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad higher amid lack of economic releases from Japan

Posted on April 15, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 101.92. In the Asian session, at GMT0300, the pair is trading at 101.87, with the USD trading marginally lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower ahead of the UK consumer inflation data

Posted on April 15, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6727. However, the losses in the British Pound were limited after the Rightmove Plc reported that house prices in the UK economy … Continue reading →

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EUR/USD: ECB stands ready to use unconventional measures to counter the risk of prolonged low inflation, hints ECB’s Noyer

Posted on April 15, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.24% against the USD and closed at 1.3814, as the latter advanced following a report that showed retail sales in the US rose more-than-expected 1.1% (MoM) in March, its … Continue reading →

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AUD/USD: Aussie trading tad lower amid lack of economic releases from Australia

Posted on April 14, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.9399. LME Copper prices rose 0.7% or $48.5/MT to $6686.0/MT. Aluminium prices declined 0.7% or $13.0/MT to $1840.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Policymakers watching deflation risk but encouraged by improving domestic outlook, says, BoC Governor, Poloz

Posted on April 14, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.27% against the CAD to close at 1.0962, buoyed by the latest batch of upbeat economic releases from the US economy. Following the G-20 meeting, the Bank of Canada (BoC) Governor, Stephen Poloz … Continue reading →

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USD/CHF: SNB’s minimum exchange rate still very important for the Swiss Franc, opines SNB President, Jordan

Posted on April 14, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.10% against the CHF and closed at 0.8753. During an interview in Washington, the Swiss National Bank (SNB) President Thomas Jordan, opined that the Swiss Franc still remains highly valued and as a … Continue reading →

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USD/JPY: BoJ is ready to act if risks to its price target materialize, says, BoJ’s Chief, Kuroda

Posted on April 14, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.18% against the JPY and closed at 101.58, as traders cheered the recent upbeat producer inflation and consumer sentiment data from the US economy. Meanwhile, the Japanese Yen came under pressure after the … Continue reading →

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GBP/USD: UK construction output registered the biggest fall since November 2013 in February

Posted on April 14, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.19% against the USD and closed at 1.6745, as the greenback advanced following upbeat US producer inflation and consumer sentiment data. On the macro front, construction output in the UK declined 2.8% (MoM) in … Continue reading →

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