USD/CHF: Swiss Franc tad higher in the Asian session

Posted on May 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9387. In the Asian session, at GMT0300, the pair is trading at 0.9383, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Canadian Dollar strengthened on higher building permits data

Posted on May 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0069. The Canadian building permits increased more-than-expected by 8.6% (MoM) in March, following a revised 1.5% growth recorded in the previous month. … Continue reading →

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GBP/USD: UK shop prices increased at a slower pace in April, indicates BRC

Posted on May 7, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5538. With the UK traders away from the markets yesterday for a public holiday, trading in the pair remained subdued. In the Asian session, … Continue reading →

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USD/JPY: Yen reverses direction in the Asian session

Posted on May 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 99.37. In the Asian session, at GMT0300, the pair is trading at 99.04, with the USD trading 0.33% lower from yesterday’s close. … Continue reading →

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AUD/USD: Australia’s PPI records a rise in Q12013

Posted on May 3, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 1.0253, after building approvals in Australia slumped 5.5% in March. LME Copper prices declined 0.1% or $4.50/MT to $6870.5/MT. Aluminium prices rose 0.8% or … Continue reading →

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USD/CAD: Canada’s trade balance recorded a surplus in March

Posted on May 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD to close at 1.0109. On economic front, Canada’s international merchandise trade balance swung to a surplus of C$24 million in March as compared to a … Continue reading →

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USD/CHF: Swiss manufacturing PMI advanced in April

Posted on May 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9348. In Switzerland’s economic news, the seasonally adjusted manufacturing PMI rose to a reading of to 50.2 in April, against the expected … Continue reading →

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USD/JPY: Yen trading tad lower in the Asian session

Posted on May 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.82% against the JPY and closed at 97.95, as some positive economic data out of the US supported the greenback. Yesterday, in the US, official data revealed that the … Continue reading →

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GBP/USD: Pound reversed gains on upbeat US economic data

Posted on May 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.22% against the USD and closed at 1.5535, as upbeat US economic data overshadowed the better-than-expected rise in the UK construction PMI. The greenback strengthened as the US trade deficit … Continue reading →

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EUR/USD: Euro slipped as ECB slashed interest rates; trading tad higher in the Asian session

Posted on May 3, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.86% against the USD and closed at 1.3066, after the European Central Bank (ECB) lowered its key interest rate by 25 basis points to 0.50%. Moreover, the ECB President, Mario … Continue reading →

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AUD/USD: Aussie drops as building approvals in Australia slump in March

Posted on May 2, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.85% against the USD to close at 1.0283. LME Copper prices declined 2.8% or $198.50/MT to $6875.0/MT. Aluminium prices declined 3.1% or $58.00/MT to $1788.5/MT. In the Asian session, at GMT0300, … Continue reading →

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