GBP/USD: BoE refrains from altering its monetary policy at its two-day policy meeting

Posted on January 10, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.6478, after the UK National Statistics reported that trade deficit in the nation narrowed to £9.439 billion in November, from a deficit … Continue reading →

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EUR/USD: “Policy to remain accommodative for as long as necessary”, hints ECB Chief, Draghi

Posted on January 10, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.26% against the USD and closed at 1.3607, after the European Central Bank (ECB) left its benchmark interest rate unchanged at 0.25% and after a report showed that the … Continue reading →

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EUR/USD: Euro trading marginally higher ahead of the ECB monetary policy meeting

Posted on January 9, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.34% against the USD and closed at 1.3571, after official data indicated that unemployment in the region continued to remain unchanged at a record high for a seventh consecutive month. A … Continue reading →

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AUD/USD: Aussie trading lower this morning after retail sales report

Posted on January 9, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.31% against the USD to close at 0.8889. LME Copper prices rose 0.2% or $14.0/MT to $ 7368.0/MT. Aluminium prices advanced 0.2% or $3.5/MT to $1736.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on January 9, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD to close at 1.0825. The Canadian Dollar lost momentum yesterday, after the Bank of Canada (BoC) Governor, Stephen Poloz hinted that the central bank … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on January 9, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9117. In the Asian session, at GMT0400, the pair is trading at 0.9122, with the USD trading slightly higher from yesterday’s … Continue reading →

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USD/JPY: US private-sector jobs show robust growth in December

Posted on January 9, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 104.84, after news that the US private sector added 238,000 workers in December, the most since January 2012, defying analysts’ projections … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of the BoE meeting

Posted on January 9, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.28% against the USD and closed at 1.6445, despite the mortgage lender, Halifax indicating that the British house prices fell unexpectedly last month, the first drop since the start … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on January 8, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.57% against the USD to close at 0.8917. LME Copper prices rose 0.6% or $40.5/MT to $7354.0/MT. Aluminium prices advanced 0.9% or $15.5/MT to $1733.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Canada’s merchandised trade deficit unexpectedly widened in November

Posted on January 8, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.07% against the CAD to close at 1.0775. The Canadian Dollar gave up ground against its US counterpart, after Statistics Canada reported that Canada’s merchandised trade deficit unexpectedly … Continue reading →

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USD/CHF: Swiss currency reserves dips slightly in December

Posted on January 8, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 0.9094, amid a broad strength in the greenback. On the economic front, the Swiss National Bank (SNB) reported that the foreign … Continue reading →

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