GBP/USD: Pound extends its previous session gains

Posted on March 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.13% against the USD and closed at 1.4925. In the Asian session, at GMT0400, the pair is trading at 1.4932, with the GBP trading marginally higher from yesterday’s close. The … Continue reading →

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EUR/USD: Euro dipped as Euro-zone data, Italian bond disappoints

Posted on March 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.56% against the USD and closed at 1.2959, as disappointing economic data from the Europe dampened investors risk appetite. Industrial production in the Euro-zone fell 0.4% (MoM) in January, compared … Continue reading →

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AUD/USD: Aussie gains on upbeat Australian employment data

Posted on March 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0299. LME Copper prices declined 0.5% or $37.5/MT to $7777.5/MT. Aluminium prices rose 0.3% or $6.5/MT to $1945.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie reverses previous session losses

Posted on March 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.0280, bolstered by well-received business inventories and retail sales data in the US, which suggested that the nation’s economy is strengthening. In … Continue reading →

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USD/JPY: Japanese industrial production rose 0.3% (MoM) in January

Posted on March 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 96.02. In the Asian session, at GMT0400, the pair is trading at 96.05, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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EUR/USD: Euro dropped amid indications of possible policy loosening; trading tad higher this morning

Posted on March 13, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3031, after the European Central bank council member, Jens Weidmann stated that inflationary pressures across the Euro-zone remain light, which investors interpreted as a … Continue reading →

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USD/JPY: Japanese Yen continues to move northward

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.83% against the JPY and closed at 95.84. On economic front, the seasonally adjusted consumer confidence index in Japan rose to a reading of 44.3 in February, compared to … Continue reading →

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

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9473. In the Asian session, at GMT0400, the pair is trading at 0.9466, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CAD: Loonie trading almost flat this morning

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0261. The Canadian Dollar registered slight gains as oil prices rose and as the Bank of Canada Governor, Mark Carney reiterated to … Continue reading →

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AUD/USD: Consumer confidence improves in Australia

Posted on March 13, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.49% against the USD to close at 1.0327. LME Copper prices rose 1.8% or $138.0/MT to $7815.0/MT. Aluminium prices rose 2.3% or $43.5/MT to $1939.0/MT. In the Asian session, at … Continue reading →

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GBP/USD: Pound continues its session gains

Posted on March 13, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.4906. However, the gains in the Pound were limited as industrial and manufacturing production in the UK registered a drop in January. UK’s industrial … Continue reading →

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