AUD/USD: Aussie moving northwards in the Asian session

Posted on April 29, 2013 by GCI Financial

  On Friday, the AUD weakened 0.10% against the USD to close at 1.0282, as risk appetite weakened after data showed that the US economy grew less-than-forecast in the first quarter. LME Copper prices rose 0.3% or $19.5/MT to $7054.5/MT. … Continue reading →

Posted in AUD/USD | Leave a comment

USD/JPY: Bank of Japan maintains its monetary policy stance

Posted on April 26, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 99.36. In the Asian session, at GMT0300, the pair is trading at 99.13, with the USD trading 0.23% lower from yesterday’s close. This … Continue reading →

Posted in USD/JPY | Leave a comment

EUR/USD: Euro reverses previous session losses

Posted on April 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3004, amid rising speculation that the European Central Bank would lower interest rates next week. Furthermore, the jobless rate in Spain rose to … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Pound jumped as UK escaped triple-dip recession

Posted on April 26, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 1.02% against the USD and closed at 1.5434, as the UK economy escaped a triple dip recession by recording a better-than-expected economic growth of 0.3% (QoQ) in the Q12013. Market had … Continue reading →

Posted in GBP/USD | Leave a comment

USD/CHF: Swissy continues to trade higher in the Asian session

Posted on April 26, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9433, with the USD trading 0.22% lower from yesterday’s close. The … Continue reading →

Posted in USD/CHF | Leave a comment

AUD/USD: Aussie moves higher as Chinese business sentiment indicator improves

Posted on April 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0294, as risk appetite improved among investors following upbeat US jobless data. LME Copper prices rose 1.4% or $99.5/MT to $7035.0/MT. Aluminium prices … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian Dollar edged higher tracking rise in commodity prices

Posted on April 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CAD to close at 1.0203. The Loonie registered gains as a spike in metal and oil prices lifted the commodity currency. In the Asian session, at … Continue reading →

Posted in USD/CAD | Leave a comment

EUR/USD: Dollar pressured on dismal US durables data

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.17% against the USD and closed at 1.3016. The greenback came under pressure after the US durable goods orders dropped more-than-expected in March. On a seasonally adjusted monthly basis, orders … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Pound trading higher ahead of GDP data

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.33% against the USD and closed at 1.5277. On the economic front, the number of mortgage approvals in the UK increased to 31,227 in March, from 30,579 in February. The … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Yen continues to trade higher in the Asian session

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 99.43. In the Asian session, at GMT0300, the pair is trading at 99.4, with the USD trading marginally lower from yesterday’s close. … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swissy trading higher in the Asian session

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9475. In Switzerland, the UBS consumption indicator rose to a level of 1.25 in March, indicating that demand from Swiss consumers was … Continue reading →

Posted in USD/CHF | Leave a comment