AUD/USD: Private capital expenditure in Australia declined the most in four years

Posted on February 27, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.54% against the USD to close at 0.8962, hurt by a decline in the activities of Australian construction sector in the fourth-quarter and a fall in iron-ore prices for … Continue reading →

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USD/CAD: Loonie pares its losses in the Asian session

Posted on February 27, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.1138, after a report revealed that new home sales in the US rose to its highest level since July 2008 in … Continue reading →

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USD/CHF: Swiss Franc trading higher, focus on Swiss GDP and employment data

Posted on February 27, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CHF and closed at 0.8908 following positive US economic data. In Switzerland, widespread weakness across business sectors prompted the UBS consumption indicator to fall to … Continue reading →

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USD/JPY: Yen trading tad lower ahead of Japan’s consumer inflation data

Posted on February 27, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.14% against the JPY and closed at 102.30, after data showed that new home sales in the US surged to a 5-1/2 year high in January. In the … Continue reading →

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GBP/USD: BoE not in a rush to hike its interest rate, hints BoE policymakers, David Miles and Spencer Dale

Posted on February 27, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.6666, as the US Dollar advanced following a surge in the US new home sales data for January. The British Pound came … Continue reading →

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EUR/USD: “ECB reflecting 360 degree on its policy”, indicates ECB’s Yves Mersch

Posted on February 27, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.47% against the USD and closed at 1.3681. The US Dollar advanced against the Euro after data showed that new homes sales in the US jumped 9.6% to a … Continue reading →

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

Posted on February 26, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 0.9011. LME Copper prices declined 0.2% or $15.0/MT to $7115.0/MT. Aluminium prices rose 0.5% or $9.0/MT to $1708.5/MT. In the Asian session, … Continue reading →

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

Posted on February 26, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.1085. The US Dollar gained ground, after the S&P/Case-Shiller Home Price Index indicated that the US home prices registered the largest … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of UBS consumption indicator data

Posted on February 26, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.8870, after data showed that consumer confidence in the US declined unexpectedly in February. In the Asian session, at GMT0400, the … Continue reading →

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USD/JPY: Japan recovering moderately and is getting on track to achieve its 2% inflation targets, says BoJ Governor, Haruhiko Kuroda

Posted on February 26, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 102.15. In the Asian session, at GMT0400, the pair is trading at 102.33, with the USD trading 0.18% higher from yesterday’s … Continue reading →

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GBP/USD: Market expectations for an interest rate hike in the spring of 2015 “not unreasonable”, says BoE’s Ian McCafferty

Posted on February 26, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.11% against the USD and closed at 1.6675, after the Bank of England (BoE) policymaker, Ian McCafferty stated that market expectations for a rate hike in spring of 2015 … Continue reading →

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