USD/CAD: Loonie gained marginally on improved housing market conditions in Canada

Posted on April 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD fell marginally against the CAD to close at 1.0159. The Canadian Dollar picked up gains after Canadian economic data printed on the positive side. Housing starts in the nation increased … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie trading higher this morning

Posted on April 10, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 1.0487. LME Copper prices rose 0.4% or $28.0/MT to $7485.5/MT. Aluminium prices declined 0.4% or $7.0/MT to $1858.5/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

GBP/USD: Pound reverses losses, moving upwards in the Asian session

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.56% against the USD and closed at 1.5263. In the Asian session, at GMT0300, the pair is trading at 1.5267, with the GBP trading marginally higher from yesterday’s close. In … Continue reading →

Posted in GBP/USD | Leave a comment

AUD/USD: Aussie rises on softer Chinese inflation data

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.65% against the USD to close at 1.0419. LME Copper prices rose 1.1% or $81.5/MT to $7457.5/MT. Aluminium prices rose 1.1% or $20.5/MT to $1865.5/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

USD/JPY: Weakness in the Japanese economy is reducing, indicates BoJ minutes

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 99.33. The Yen fell, after the Bank of Japan conducted its first government bond purchasing operation early yesterday. In economic news, Japan’s … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CAD: Loonie trading flat this morning

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0168. In economic news, the Bank of Canada’s business outlook survey indicated that the overall business lending conditions during the Q12013 dropped … Continue reading →

Posted in USD/CAD | Leave a comment

EUR/USD: Euro continues to trade higher

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.3029. The US Dollar dropped as traders speculated that the policy makers in the US would maintain or expand monetary stimulus measures, after … Continue reading →

Posted in EUR/USD | Leave a comment

USD/CHF: Swissy reverses trend; trading tad higher in the Asian session

Posted on April 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9343. In Switzerland, industrial production rose 1.7% (YoY) in the 4Q 2012, compared to a revised 2.5% growth recorded in the previous … Continue reading →

Posted in USD/CHF | Leave a comment

GBP/USD: S&P affirms UK’s ‘AAA’ credit rating

Posted on April 8, 2013 by GCI Financial

On Friday, GBP rose 0.76% against the USD and closed at 1.5339. Pound was supported after the Standard &Poor’s retained Britain’s sovereign credit rating at ‘AAA’, citing the government capability to meet its fiscal challenges. Meanwhile, Halifax house prices on … Continue reading →

Posted in GBP/USD | Leave a comment

USD/CHF: Swissy trading lower this morning

Posted on April 8, 2013 by GCI Financial

  On Friday, the USD declined 0.68% against the CHF and closed at 0.9330. In economic news, foreign currency reserves in Switzerland rose to CHF438.3 billion in March, from revised CHF430.0 billion recorded in the previous month. In the Asian … Continue reading →

Posted in USD/CHF | Leave a comment

AUD/USD: Aussie trading lower in the Asian session

Posted on April 8, 2013 by GCI Financial

  On Friday, the AUD weakened 0.35% against the USD to close at 1.0387. LME Copper prices rose 0.5% or $39.5/MT to $7376.0/MT. Aluminium prices rose 0.6% or $11.5/MT to $1845.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading →

Posted in AUD/USD | Leave a comment