USD/JPY: Japan’s total merchandised trade deficits widened more than expected in January

Posted on February 20, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the JPY and closed at 102.31. However, the greenback continued to trade on a high footing mostly during the day after the Fed’s January … Continue reading →

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GBP/USD: No one from MPC dissented for a hike in interest rate, indicates BoE’s Paul Fisher

Posted on February 20, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.6677, after data revealed that the UK unemployment rate unexpectedly rose in the three months to December. The ILO unemployment rate … Continue reading →

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EUR/USD: IMF suggest ECB to mull the prospect of slashing its interest rate below 0%

Posted on February 20, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3730. The US Dollar gained ground against the Euro after the minutes from the Federal Reserve’s (Fed) latest policy meeting showed that … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on February 19, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.23% against the USD to close at 0.9017. LME Copper prices declined 0.1% or $5.0/MT to $7205.0/MT. Aluminium prices fell 0.4% or $7.0/MT to $1693.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on February 19, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0954. In economic news, Statistics Canada reported that foreign portfolio investment in Canadian securities unexpectedly declined by C$4.28 billion in December, … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of ZEW data

Posted on February 19, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 0.8880, hurt by a lacklustre New York Empire State manufacturing and NAHB housing market data for February. In the Asian session, … Continue reading →

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USD/JPY: Japan moving in line with BoJ forecast, indicates BoJ Governor, Kuroda

Posted on February 19, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 102.33. The Japanese Yen lost ground against the US Dollar after the Bank of Japan (BoJ), at its February policy meeting, … Continue reading →

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GBP/USD: Deflation risk minimal in the UK, says BoE’s Ian McCafferty

Posted on February 19, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.22% against the USD and closed at 1.6682, after data showed that the annual inflation rate in the nation fell below the BoE’s target level for the first time … Continue reading →

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EUR/USD: Euro-zone’s ZEW economic sentiment registered a surprise drop in February

Posted on February 19, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.42 % against the USD and closed at 1.3761. The US Dollar declined against the Euro after the relentless cold weather weighed on the US manufacturing and housing index … Continue reading →

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AUD/USD: RBA minutes signalled “a period of stability in interest rate”

Posted on February 18, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.22% against the USD to close at 0.9038. LME Copper prices rose 0.5% or $34.5/MT to $7210.0/MT. Aluminium prices declined 0.6% or $10.0/MT to $1700.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading marginally higher in the Asian session

Posted on February 18, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0957. In the Asian session, at GMT0400, the pair is trading at 1.0955, with the USD trading tad lower from yesterday’s … Continue reading →

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