AUD/USD: Leading index in Australia rises in January

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0363. LME Copper prices declined 0.2% or $16.5/MT to $7539.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1902.5/MT. In the Asian session, at … Continue reading →

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USD/CHF: Swissy trading tad higher this morning

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9480, as the greenback remained buoyant on concerns over the financial situation in the Euro-zone. In the Asian session, at GMT0400, the … Continue reading →

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USD/CAD: Loonie declined as manufacturing data disappointed investors

Posted on March 20, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD to close at 1.0270. The Loonie came under pressure after Canada’s manufacturing data disappointed investors, whereas US building permits increased higher-than-expected in February. In economic … Continue reading →

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

Posted on March 19, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.2944. Earlier, the Euro came under pressure after Cyprus indicated it plans a one-time levy on bank deposits as part of a bailout deal … Continue reading →

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GBP/USD: Pound trading tad higher this morning

Posted on March 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5096, as the pound continued to remain under pressure as renewed concerns over the handling of the debt crisis in the Euro-zone continued … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on March 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.48% against the JPY and closed at 95.36. In the Asian session, at GMT0400, the pair is trading at 95.60, with the USD trading 0.25% higher from yesterday’s close. … Continue reading →

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USD/CHF: Swissy trading higher in the Asian session

Posted on March 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9473. In Switzerland, the State Secretariat for Economic Affairs (SECO) projected the economy to grow 2.1% in 2014, up from 2.0% estimated … Continue reading →

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USD/CAD: Canadian foreign securities purchases hit a four-month high

Posted on March 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0224. On the economic front, the foreign securities purchases hit a four-month high, as a report by Statistics Canada indicated that non-residents … Continue reading →

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AUD/USD: Central bank open to further rate cuts if required, indicates RBA minutes

Posted on March 19, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0393. Late yesterday, the Assistant Governor of the Reserve Bank of Australia (RBA), Guy Debelle, stated that although foreign ownership in Australian government … Continue reading →

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EUR/USD: Euro retreats as Cyprus turmoil impacts risk appetite

Posted on March 18, 2013 by GCI Financial

  On Friday, EUR rose 0.34% against the USD and closed at 1.3056, as the EU leaders, at a meeting in Brussels, stated that balanced budgets remained the goal and that there was no talk of large-scale spending programs or … Continue reading →

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GBP/USD: UK Rightmove house prices rise in March

Posted on March 18, 2013 by GCI Financial

  On Friday, GBP fell marginally against the USD and closed at 1.5078. On Friday, the Bank of England Governor, Mervyn King opined that the Pound is “properly valued” and indicated that the UK recovery is “in sight”. On the … Continue reading →

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