AUD/USD: Aussie gains as RBA maintains its interest rate at 3%

Posted on March 5, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0203. Late yesterday, the Australian Industry Group (AiG) reported that its performance of services index jumped to a reading of 48.5 in February, from … Continue reading →

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GBP/USD: BRC retail sales improves in February

Posted on March 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.65% against the USD and closed at 1.5129. Yesterday, the construction purchasing managers’ index (PMI) in the UK dropped to a reading of 46.8 in February, from a reading of … Continue reading →

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EUR/USD: Euro trading higher this morning

Posted on March 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3035. Earlier the Euro came under pressure, after the release of weak investor confidence data from the Euro-zone. The Sentix investor confidence index … Continue reading →

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EUR/USD: Euro pressured on downbeat economic data

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.34% against the USD and closed at 1.3017, after preliminary data showed that consumer price inflation in the Euro zone slumped to an annualized rate of 1.8% in … Continue reading →

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GBP/USD: Pound trading tad higher this morning

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.94% against the USD and closed at 1.5020, amid a weak set of economic data from the UK. UK’s seasonally adjusted manufacturing purchasing managers’ index (PMI) retreated to … Continue reading →

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USD/JPY: BoJ nominee Haruhiko Kuroda pledges to beat deflation

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 1.06% against the JPY and closed at 93.57. In the Asian session, at GMT0400, the pair is trading at 93.35, with the USD trading 0.23% lower from … Continue reading →

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USD/CHF: Switzerland’s SVME PMI fell more-than-expected in February

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.74% against the CHF and closed at 0.9435, as Swiss manufacturing PMI dropped more-than-expected in February. In Switzerland, the seasonally adjusted manufacturing PMI fell to a reading … Continue reading →

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USD/CAD: Loonie finished Friday’s session higher on Canadian GDP report, trading lower this morning

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.24% against the CAD to close at 1.0283. The Canadian Dollar strengthened, after fourth-quarter domestic growth data in Canada showed that the economy performed as expected late … Continue reading →

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AUD/USD: Aussie trading lower on downbeat Australian economic data

Posted on March 4, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.10% against the USD to close at 1.0206. LME Copper prices declined 2.7% or $207.5/MT to $ 7620.5/MT. Aluminium prices declined 2.3% or $45.5/MT to $1914.5/MT. In … Continue reading →

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GBP/USD: Pound trading higher this morning

Posted on March 1, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5163. In the Asian session, at GMT0400, the pair is trading at 1.5169, with the GBP trading marginally higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Japanese unemployment rate, CPI drops in January

Posted on March 1, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 92.59. The Yen fell, after the Bank of Japan’s (BoJ) board member, Takahide Kiuchi, indicated that central bank would consider more monetary easing … Continue reading →

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