USD/JPY: Yen extends its fall in the morning session

Posted on January 8, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 104.72, after President of San Francisco Fed, John Williams indicated support to tapering the US Fed’s stimulus programme. In the Asian … Continue reading →

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GBP/USD: Pound snaps its losses in the Asian session

Posted on January 8, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6400. The US Dollar gained ground against the UK Pound after the President of San Francisco Fed, John Williams, opined that the … Continue reading →

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EUR/USD: Consumer inflation in the Euro-zone unexpectedly declines in December

Posted on January 8, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.10% against the USD and closed at 1.3616, following lower than expected consumer inflation in the Euro-zone. The US Dollar advanced against the Euro amid mixed signals from key … Continue reading →

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AUD/USD: Australia’s trade deficit narrows more than market expectations for November

Posted on January 7, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.8968. LME Copper prices eased 0.3% or $22.0/MT to $7313.5/MT. Aluminium prices fell 1.2% or $21.0/MT to $1717.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie may depreciate further, hints Finance Minister, Jim Flaherty

Posted on January 7, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD to close at 1.0662. The Canadian Dollar gave up ground against the US Dollar after Canada’s Finance Minister, Jim Flaherty, stated that recent weakness … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian trading hours

Posted on January 7, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9039, as a lacklustre US ISM non-manufacturing PMI report spooked investors confidence in the greenback. In the Asian session, at GMT0400, … Continue reading →

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USD/JPY: Yen pares its gains in the Asian session

Posted on January 7, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.66% against the JPY and closed at 104.22, after a report showed that growth in the US service sector unexpectedly slowed in the month of December. In the … Continue reading →

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GBP/USD: Growth in UK service sector slowed in December, indicates Markit PMI data

Posted on January 7, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6413. Gains in the UK Pound were capped after a report showed that UK’s Markit service PMI declined to a reading of … Continue reading →

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EUR/USD: Euro trading marginally lower ahead of Euro-zone’s consumer inflation and Germany’s unemployment data

Posted on January 7, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.25% against the USD and closed at 1.3630. The US Dollar gave up ground against the Euro after a report from the US showed that the ISM non-manufacturing PMI … Continue reading →

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AUD/USD: Australia’s service sector PMI falls in December

Posted on January 6, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.77% against the USD to close at 0.8976. LME Copper prices declined 1.0% or $17.0/MT to $1738.5/MT. Aluminium prices fell 1.4% or $104.0/MT to $7335.5/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian trading hours

Posted on January 6, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.49% against the CAD to close at 1.0618. In the Asian session, at GMT0400, the pair is trading at 1.0623, with the USD trading slightly higher from Friday’s close. The pair is expected … Continue reading →

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