EUR/USD: No deflation in the Euro-zone but risks do persists, says ECB’s Benoit Coeure

Posted on March 13, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3902, after an ECB Executive Board member, Benoit Coeure stated that he sees no signs of deflation in the Euro-zone economy at … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Westpac consumer confidence deteriorated to the lowest level in 10-months in March

Posted on March 12, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.8964, on concerns that the economic growth prospects of China, its biggest trading partner is dwindling after the nation witnessed its … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading tad lower amid lack of major economic releases from Canada

Posted on March 12, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.1110. In the Asian session, at GMT0400, the pair is trading at 1.1114, with the USD trading slightly higher from yesterday’s … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss industrial production rose less than expected in the fourth quarter

Posted on March 12, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8776. In economic news, Swiss industrial production rose 0.4% (QoQ) in the fourth quarter, failing to meet market expectations for a … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: BoJ need not alter its policy at present, opines BoJ Chief, Kuroda

Posted on March 12, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.39% against the JPY and closed at 102.85. The Japanese Yen rose against the US Dollar as lingering concerns over China’s economic growth and increasing standoff between the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Spare capacity in the UK slightly more than 1.5% of GDP, opines BoE Governor, Mark Carney

Posted on March 12, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.6621, after the Bank of England (BoE) Governor, Mark Carney dampened expectations for rate hike in the near future, to prevent the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Traders overlooked ECB’s message at its March policy meeting, says ECB’s Vitor Constancio

Posted on March 12, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.3856, after the ECB Vice President, Vitor Constancio opined that market participants did not fully understand the central bank’s message at its … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie reverses its losses in the Asian trading hours

Posted on March 11, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 0.9021, hurt by the latest batch of soft economic data from its largest trading partner, China. LME Copper prices fell 3.1% or … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading tad lower in the Asian session

Posted on March 11, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.1117. The Canadian Dollar lost momentum, despite data indicating that the Canadian housing starts rose to 192,100 units in February, more … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss real retail sales slows in January

Posted on March 11, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8778. Yesterday, the Swiss Federal Statistics Office reported that real retail sales in the nation rose 0.3% (YoY) in January, way … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: BoJ kept its policy stance unchanged at its March policy meeting

Posted on March 11, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 103.26. In the Asian session, at GMT0400, the pair is trading at 103.26, with the USD trading flat from yesterday’s close. … Continue reading →

Posted in USD/JPY | Comments Off