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

Posted on April 4, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.8908. In the Asian session, at GMT0300, the pair is trading at 0.8923, with the USD trading 0.17% higher from yesterday’s … Continue reading →

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USD/JPY: BoJ should be appreciated for its aggressive monetary policy, says Japan’s Finance Minister, Aso

Posted on April 4, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 103.90. In the Asian session, at GMT0300, the pair is trading at 103.95, with the USD trading slightly higher from yesterday’s … Continue reading →

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GBP/USD: Interest rate in the UK to remain at current low level for some more time, rise only to be gradual, opines BoE’s McCafferty

Posted on April 4, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.16% against the USD and closed at 1.6599, after Markit Economics reported that its PMI for the UK’s service sector fell to a 9-month low reading of 57.6 in … Continue reading →

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EUR/USD: Policymakers discussed QE at the latest policy meeting, indicated ECB Chief, Draghi

Posted on April 4, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.3724, after the ECB President, Mario Draghi signalled that policymakers discussed QE as well as a negative interest rate at the central … Continue reading →

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AUD/USD: Australian economy to face shortage of workers than jobs, says RBA Chief, Glenn Stevens

Posted on April 3, 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 0.9247. Late yesterday, the Australian Industry Group (AiG) reported that performance of its service index for Australia fell to a reading … Continue reading →

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USD/CAD: Loonie reverses its losses in the morning trading hours

Posted on April 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.1033 as traders cheered an upbeat US factory orders data and a report by ADP which revealed that US private sector … Continue reading →

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USD/CHF: Swiss Franc continues to trade lower in the Asian session

Posted on April 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.8866 In the Asian session, at GMT0300, the pair is trading at 0.8873, with the USD trading 0.10% higher from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad lower in the Asian session

Posted on April 3, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 103.89, following strong US factory orders data. In the Asian session, at GMT0300, the pair is trading at 103.94, with the … Continue reading →

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GBP/USD: UK construction PMI unexpectedly fell in March

Posted on April 3, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.6627 after official data showed that construction PMI for the UK economy edged down to a reading of 62.5 in March, … Continue reading →

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EUR/USD: ECB should ease monetary policy to combat low inflation, says IMF

Posted on April 3, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.3767. The US Dollar gained ground after data showed that factory orders in the US rose more-than-expected 1.6% (MoM) in February, … Continue reading →

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AUD/USD: Aussie continues to trade lower in the Asian session

Posted on April 2, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.32% against the USD to close at 0.9238, after the RBA indicated that the recent strength in the Aussie could hamper Australia’s economic growth. LME Copper prices edged down … Continue reading →

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