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

Posted on March 31, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.18% against the USD to close at 0.9252. LME Copper prices rose 1.3% or $86.0/MT to $6667.0/MT. Aluminium prices advanced 1.6% or $27.0/MT to $1709.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading marginally lower with focus on Canada’s January GDP data

Posted on March 31, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.22% against the CAD to close at 1.1055, as traders cheered the US personal spending and personal income data for February. In the Asian session, at GMT0300, the pair is trading at 1.1059, … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Franc trading tad lower ahead of the release of the Swiss KOF leading indicator

Posted on March 31, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose marginally against the CHF and closed at 0.8869. In the Asian session, at GMT0300, the pair is trading at 0.8870, with the USD trading marginally higher from Friday’s close. The pair is expected … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading lower in the Asian session

Posted on March 31, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.62% against the JPY and closed at 102.80. In the Asian session, at GMT0300, the pair is trading at 102.87, with the USD trading 0.07% higher from Friday’s close. Early morning, data from … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK economy expanded in line with market estimates for the fourth-quarter

Posted on March 31, 2014 by GCI Financial

GBPUSD Movement On Friday, the GBP rose 0.23% against the USD and closed at 1.6645, as UK’s fourth-quarter GDP revised data came in-line with market estimates. UK GDP rose 2.7% (YoY) in the fourth-quarter, following a 1.9% increase registered in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone not in deflationary cycle, opines ECB’s Weidmann

Posted on March 31, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.07% against the USD and closed at 1.3751 after Euro zone consumer confidence registered its strongest monthly jump in nearly five years in March while the economic sentiment indicator surpassed analysts’ expectations and … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading above its MA’s

Posted on March 28, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.51% against the USD to close at 0.9269, as the RBA Governor, Glenn Steven’s optimistic comments on the economy, made earlier during the week, continued to support the demand … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its gains in the Asian session

Posted on March 28, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD to close at 1.1031. However, the losses in the US Dollar were limited after a report showed that US annualised GDP rose at a … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: SNB prepared to use negative interest rate to defend its cap on the CHF, says SNB’s Fritz Zurbruegg

Posted on March 28, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.8864. Yesterday, a Swiss National Bank (SNB) Board member, Fritz Zurbruegg, indicated that the central bank is prepared to use a … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan nation CPI registered a 1.5% rise in the February

Posted on March 28, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 102.18, as traders cheered a strong US GDP and weekly jobless claims data. In the Asian session, at GMT0400, the pair … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher ahead of UK’s GDP data for the fourth quarter

Posted on March 28, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.6607, after an upbeat rise in the UK retail sales data fuelled optimism on the recovery of the nation’s economy. Data showed … Continue reading →

Posted in GBP/USD | Comments Off