EUR/USD: Euro trading tad higher in the Asian session

Posted on April 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.3095. In the Euro-zone, economic confidence fell to a reading of 88.6 in April, while industrial confidence declined to -13.8 in April. Consumer confidence … Continue reading →

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GBP/USD: Pound declines as UK consumer confidence drops in April

Posted on April 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5490. In the Asian session, at GMT0300, the pair is trading at 1.5484, with the GBP trading marginally lower from yesterday’s close, after the … Continue reading →

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USD/JPY: Japanese Yen trading tad lower this morning

Posted on April 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 97.89. In the Asian session, at GMT0300, the pair is trading at 97.94, with the USD trading marginally higher from yesterday’s close. Data … Continue reading →

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USD/CHF: Swissy flat in the Asian session

Posted on April 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9374. In the Asian session, at GMT0300, the pair is trading at 0.9374, with the USD trading flat from yesterday’s close. The pair … Continue reading →

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USD/CAD: Loonie continues to trade lower; Canadian GDP data awaited

Posted on April 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD to close at 1.0121. The loonie recorded gains on rising oil prices and broad weakening in the US Dollar. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Private sector credit increases in Australia

Posted on April 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.57% against the USD to close at 1.0342. LME Copper prices rose 0.3% or $24.5/MT to $7079.0/MT. Aluminium prices declined 2.3% or $43.5/MT to $1846.5/MT. In the Asian session, at GMT0300, … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on April 29, 2013 by GCI Financial

  On Friday, EUR rose 0.18% against the USD and closed at 1.3028. The greenback fell, as US first quarter growth figures came in weaker-than-expected data in the Q12013. The preliminary gross domestic product in the US grew at a … Continue reading →

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GBP/USD: Pound continues to trade higher

Posted on April 29, 2013 by GCI Financial

  On Friday, GBP rose 0.35% against the USD and closed at 1.5487. In the Asian session, at GMT0300, the pair is trading at 1.5521, with the GBP trading 0.22% higher from Friday’s close, as the greenback loses further steam … Continue reading →

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USD/JPY: Japanese Yen continues its winning streak

Posted on April 29, 2013 by GCI Financial

  On Friday, the USD weakened 1.14% against the JPY and closed at 98.21, as investors were disappointed by the US GDP data. Meanwhile, in its latest semi-annual economic and price outlook report, the Bank of Japan (BoJ) indicated that … Continue reading →

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USD/CAD: Canadian dollar continues to trade higher in the Asian session

Posted on April 29, 2013 by GCI Financial

  On Friday, the USD declined 0.32% against the CAD to close at 1.0170. In the Asian session, at GMT0300, the pair is trading at 1.0152, with the USD trading 0.18% lower from Friday’s close. The pair is expected to … Continue reading →

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USD/CHF: Still risk of upward pressure on Swiss Franc, indicated SNB’s President

Posted on April 29, 2013 by GCI Financial

On Friday, the USD declined marginally against the CHF and closed at 0.9428. The Swiss National Bank (SNB) President, Thomas Jordan warned that there still exists a risk of a sudden upward pressure on the Swiss Franc’s foreign exchange rate. … Continue reading →

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