AUD/USD: Australia’s CB leading economic index rises in January

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.59% against the USD to close at 1.0438. LME Copper prices rose 0.1% or $5.5/MT to $7580.0/MT. Aluminium prices declined 0.2% or $3.5/MT to $1902.0/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie continues to move northwards in the Asian session

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD to close at 1.0245. The Canadian Dollar was bolstered as retail sales in Canada climbed 1.0% in January to C$38.9 billion, compared to a downwardly … Continue reading →

Posted in USD/CAD | Leave a comment

EUR/USD: Euro gained as Cyprus fears eased

Posted on March 21, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.2939, as immediate fears about a financial meltdown in Cyprus eased following news that Cypriot government would come up with a new plan to … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Aussie trading tad lower in the Asian session

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0377. LME Copper prices rose 0.5% or $35.5/MT to $7574.5/MT. Aluminium prices rose 0.2% or $3.0/MT to $1905.5/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

GBP/USD: Pound trading higher in the Asian session

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP declined marginally against the USD and closed at 1.5094. In economic news, the Office for National Statistics reported that the claimant count change in the UK declined by a seasonally adjusted … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Yen trading tad higher; Japan’s trade deficit widens

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.92% against the JPY and closed at 95.94. In the Asian session, at GMT0400, the pair is trading at 95.88, with the USD trading marginally lower from yesterday’s close. … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc trading tad lower this morning

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9448. Yesterday, the ZEW Centre for European Economic Research reported that the Swiss economic expectations index decreased to a reading of 2.3 … Continue reading →

Posted in USD/CHF | Leave a comment

USD/CAD: Loonie gained as Fed maintained asset-purchase program

Posted on March 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0257. The Canadian Dollar registered gains after the Federal Reserve indicated to maintain its stimulus measures, raising growth expectations in the Canada’s … Continue reading →

Posted in USD/CAD | Leave a comment

EUR/USD: Euro dropped as Cyprus worries weighed over investor sentiment; trading tad higher in the Asian session

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.62% against the USD and closed at 1.2864, after the Cypriot Parliament voted down a bank-deposit levy needed to secure a bailout, thereby raising fears over the stability of Euro-zone’s … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Pound remained steady as UK inflation data met market expectations

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5096, after UK inflation data that came in line with market expectations, managed to keep the Pound stable. In the UK, the seasonally … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Japanese Yen trading tad higher in the Asian session

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.31% against the JPY and closed at 95.07. Looking at fundamentals, the leading economic index rose to a reading of 95.0 in January, from a revised reading of 92.8 … Continue reading →

Posted in USD/JPY | Leave a comment