USD/CHF: Consumer prices in Switzerland continued to fall in April

Posted on May 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CHF and closed at 0.9351. In Switzerland, annual consumer price inflation fell to 0.6% in April, in line with market expectations and compared to the similar … Continue reading →

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USD/CAD: Canadian April housing starts fell in April

Posted on May 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0030. On a seasonally adjusted annual basis, housing starts in Canada dropped to a level of 174.9K units in April, from a … Continue reading →

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AUD/USD: Australian unemployment dropped in April

Posted on May 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 1.0191. LME Copper prices rose 1.2% or $88.5/MT to $7326.0/MT. Aluminium prices rose 2.4% or $45.00/MT to $1886.5/MT. In the Asian session, at … Continue reading →

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USD/JPY: Yen trading lower this morning

Posted on May 8, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.58% against the JPY and closed at 98.79. In the Asian session, at GMT0300, the pair is trading at 99.07, with the USD trading 0.28% higher from yesterday’s close. The … Continue reading →

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EUR/USD: Euro higher on strong China trade data

Posted on May 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3075, after German factory orders beat market expectations by rising a seasonally adjusted 2.2% (MoM) in March, from a similar revised rate of … Continue reading →

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GBP/USD: UK same store sales unexpectedly fell in April

Posted on May 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5477. With no major economic events yesterday, the Pound traded on general market cues. In the Asian session, at GMT0300, the pair is … Continue reading →

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AUD/USD: Aussie tad higher on positive Chinese data

Posted on May 8, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.67% against the USD to close at 1.0175. LME Copper prices rose 1.7% or $118.50/MT to $7240.5/MT. Aluminium prices rose 0.7% or $13.50/MT to $1841.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Canadian housing starts data awaited

Posted on May 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD to close at 1.0053. In the Asian session, at GMT0300, the pair is trading at 1.0053, with the USD trading flat from yesterday’s close. The … Continue reading →

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USD/CHF: Switzerland unemployment rate remained unchanged in April

Posted on May 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9409. In economic news, seasonally adjusted unemployment rate in Switzerland came in at 3.1% (MoM) in April, unchanged from the previous month … Continue reading →

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EUR/USD: Euro fell on ECB President’s comments; trading tad higher this morning

Posted on May 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.37% against the USD and closed at 1.3073. The Euro traded in negative territory after the European Central Bank (ECB) President, Mario Draghi restated that the central bank is ready … Continue reading →

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AUD/USD: RBA cut interest rates as anticipated

Posted on May 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.51% against the USD to close at 1.0245. LME Copper prices rose 3.7% or $251.50/MT to $7122.0/MT. Aluminium prices gained 1.4% or $25.00/MT to $1828.0/MT. In the Asian session, at … Continue reading →

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