GBP/USD: Pound trading higher in the Asian session

Posted on February 11, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6406. In economic news, the Lloyds employment confidence index in the UK improved to a reading of -2.0 in January, from a … Continue reading →

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AUD/USD: Aussie trading lower amid a lack of domestic economic releases

Posted on February 10, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.16% against the USD to close at 0.8961 and recorded its biggest weekly advance in five months as the currency continued to benefit from the Reserve Bank of Australia’s decision to upgrade its … Continue reading →

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USD/CAD: Unemployment in Canada fell more than market expectations for January

Posted on February 10, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.29% against the CAD to close at 1.1038, hurt by a lacklustre US non-farm payrolls data for January. Meanwhile, the Canadian Dollar benefitted from an official data which showed that the Canadian economy … Continue reading →

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USD/CHF: Real retail sales in Switzerland rose 2.3% year on year in December

Posted on February 10, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.30% against the CHF and closed at 0.8981, following a downbeat US non-farm payrolls data for January. On the economic front, data revealed that real retail sales in Switzerland rose 2.3% (YoY) in … Continue reading →

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USD/JPY: Yen trading lower in the Asian session

Posted on February 10, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.30% against the JPY and closed at 102.35. In the Asian session, at GMT0400, the pair is trading at 102.44, with the USD trading 0.09% higher from Friday’s close, as investors speculated that … Continue reading →

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GBP/USD: UK economy expanded 0.8% in January, indicated NIESR

Posted on February 10, 2014 by GCI Financial

GBPUSD Movement On Friday, the GBP rose 0.53% against the USD and closed at 1.6408 as investors sold the greenback after the US non-farm payrolls data failed to meet market expectations for January. In other economic news, the UK industrial … Continue reading →

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EUR/USD: Euro trading marginally higher in the morning, following Friday’s gain

Posted on February 10, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.21% against the USD and closed at 1.3620. The US Dollar lost against the Euro after the US non-farm payrolls rose by 113,000 jobs in January, failing to meet analysts’ expectations for a rise … Continue reading →

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AUD/USD: RBA upgraded its growth and inflation outlook on the Australian economy for 2014

Posted on February 7, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.22 % against the USD to close at 0.8947. LME Copper prices rose 0.2% or $13.0/MT to $7109.0/MT. Aluminium prices declined 0.5% or $8.5/MT to $1654.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading marginally higher ahead of Canada’s unemployment report

Posted on February 7, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.1070. The Canadian Dollar gained momentum despite data indicating that the international merchandised trade deficit in Canada unexpectedly widened for a … Continue reading →

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USD/CHF: SECO consumer confidence in Switzerland advanced more than market expectations in the fourth quarter

Posted on February 7, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9008. In Switzerland, the SECO consumer climate indicator rose to a level of 2.0 in the fourth quarter, more than analysts’ … Continue reading →

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USD/JPY: Yen extends losses in the Asian session

Posted on February 7, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.56% against the JPY and closed at 102.04, following an upbeat US jobless claims data. In the Asian session, at GMT0400, the pair is trading at 102.06, with … Continue reading →

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