USD/CAD: Loonie advanced amid rising commodities

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0253. The commodity-sensitive loonie recorded gains amid a sharp rise in oil and copper prices. Yesterday, the Bank of Canada Governor, Mark … Continue reading →

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AUD/USD: Pair trading above its MA’s

Posted on April 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0276. LME Copper prices rose 1.8% or $124.5/MT to $6935.5/MT. Aluminium prices advanced 0.7% or $12.5/MT to $1871.0/MT. In the Asian session, at … Continue reading →

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GBP/USD: Pound fell on dismal UK economic data, trading higher this morning

Posted on April 24, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.45% against the USD and closed at 1.5228, as public sector net borrowing and CBI industrial order expectations data disappointed Sterling traders. According to the data released by the UK Office … Continue reading →

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EUR/USD: Euro retreated as Euro-zone, German factory data disappointed; trading tad higher this morning

Posted on April 24, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.51% against the USD and closed at 1.2994, as weak Euro-zone and German PMI data raised concerns over the health of the economy, thereby raising speculation that the European Central Bank … Continue reading →

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USD/JPY: Japan corporate service price declines in March

Posted on April 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 99.66. In the Asian session, at GMT0300, the pair is trading at 99.44, with the USD trading 0.22% lower from yesterday’s close. … Continue reading →

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USD/CAD: Canadian retail sales increased in February

Posted on April 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0271. The Canadian Dollar fell after economic data from Europe and China indicated that the global economic growth is slowing, undermining demand … Continue reading →

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USD/CHF: Swiss trade surplus narrowed in March

Posted on April 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 1.16% against the CHF and closed at 0.9458. Yesterday, Switzerland’s trade surplus narrowed to CHF1.90 billion in March, compared to a revised surplus of CHF2.00 billion posted in the … Continue reading →

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AUD/USD: Australia’s consumer prices rise less-than-expected in the Q12013

Posted on April 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0259. LME Copper prices declined 0.9% or $64.5/MT to $6811.0/MT. Aluminium prices rose 1.0% or $17.5/MT to $1858.5/MT. In the Asian session, at … Continue reading →

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EUR/USD: Dollar pressured on weak home sales data; trading higher this morning

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3059. The greenback traded lower yesterday after existing home sales data in the US dropped unexpectedly in March. Also, the Federal Reserve Bank (Fed) … Continue reading →

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GBP/USD: Pound reverses previous session gains

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.49% against the USD and closed at 1.5299. The US Dollar came under pressure, after economic data revealed that the US housing sector still faces setbacks long its road to recovery. … Continue reading →

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USD/JPY: Yen continues to register gains in the Asian session

Posted on April 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.63% against the JPY and closed at 99.20. In Japan’s economic news, supermarket sales climbed 1.7% annually in March, from a decline of 5.5% reported in the previous month, while … Continue reading →

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