USD/CAD: Loonie advanced on positive employment figures

Posted on March 11, 2013 by GCI Financial

  On Friday, the USD declined 0.13% against the CAD to close at 1.0284. The Loonie recorded gains after Canada’s employment surged more than market expectations in February on gains by service industries, keeping the jobless rate at a four-year … Continue reading →

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EUR/USD: Euro gained as ECB leaves interest rates unchanged; trading lower in the Asian session

Posted on March 8, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.00% against the USD and closed at 1.3108, after the European Central Bank (ECB) left benchmark interest rates unchanged at 0.75%, in line with the market expectations. Furthermore, the ECB President, … Continue reading →

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GBP/USD: Pound gained on BoE action, Draghi remarks; trading lower this morning

Posted on March 8, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.5026, as the Bank of England’s (BoE) Monetary Policy Committee voted to keep its key interest rate unchanged at 0.5% in line with market … Continue reading →

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USD/CHF: Swissy trading lower; CPI data awaited in Switzerland

Posted on March 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CHF and closed at 0.9425. On the Swiss economic front, State Secretariat for Economic Affairs (SECO) reported that the seasonally adjusted unemployment rate in Switzerland stood … Continue reading →

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USD/JPY: Yen trading lower in the Asian session

Posted on March 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.03% against the JPY and closed at 94.90. In the Asian session, at GMT0400, the pair is trading at 95.40, with the USD trading 0.53% higher from yesterday’s close. … Continue reading →

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USD/CAD: Loonie rose on positive Canadian trade data

Posted on March 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.0296. The Canadian Dollar registered gains after Canada’s merchandise trade deficit narrowed to C$237 million in January, from an upwardly revised deficit … Continue reading →

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AUD/USD: Chinese imports data fuels concerns for Aussie

Posted on March 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD to close at 1.0271. LME Copper prices declined 0.4% or $28.5/MT to $7671.0/MT. Aluminium prices declined 0.9% or $17.5/MT to $1910.5/MT. In the Asian session, at … Continue reading →

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EUR/USD: S&P upgrades Portugal’s credit rating; ECB meeting in focus

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.53% against the USD and closed at 1.2978, after economic data indicated that the gross domestic product in the Euro-zone contracted 0.6% (QoQ) in the Q42012, in line with market … Continue reading →

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GBP/USD: Pound trading marginally higher in the Asian session

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.93% against the USD and closed at 1.4995, as investors’ exercised caution ahead of the upcoming BoE interest rate decision. On the economic front, a report from Lloyds Banking Group’s … Continue reading →

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USD/JPY: BoJ maintains its interest rate at 0.1%

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.69% against the JPY and closed at 93.93. In the Asian session, at GMT0400, the pair is trading at 93.88, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/CHF: Swiss trading higher in the Asian session

Posted on March 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CHF and closed at 0.9487. In the Asian session, at GMT0400, the pair is trading at 0.9482, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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