GBP/USD: Pound trading higher ahead of domestic CPI data due later today

Posted on February 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.91% against the USD and closed at 1.5655. In the Asian session, at GMT0400, the pair is trading at 1.5659, with the GBP trading marginally higher from yesterday’s close. In … Continue reading →

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USD/JPY: Yen slipped on US Treasury official’s comment; trading higher this morning

Posted on February 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 1.76% against the JPY and closed at 94.19. The Japanese Yen eased after the US Treasury official, Lael Brainard offered his support towards Japan’s efforts to end deflation and … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on February 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9208. Yesterday, the Swiss National Bank (SNB) board member, Fritz Zurbruegg, stated that the Swiss National Bank would keep its cap on … Continue reading →

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USD/CAD: Canadian household debts pose significant risk, indicates BoC Deputy Governor

Posted on February 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.0054. The Loonie lost ground amid lower commodities and as the Bank of Canada Deputy Governor, Timothy Lane stated that a long … Continue reading →

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AUD/USD: Business confidence improves in Australia

Posted on February 12, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.58% against the USD to close at 1.0259. LME Copper prices rose marginally or $1.3/MT to $8216.0/MT. Aluminium prices rose 0.5% or $9.8/MT to $2076.0/MT. In the Asian session, at … Continue reading →

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AUD/USD: Home loans, investment lending fell in Australia

Posted on February 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.36% against the USD to close at 1.0315. LME Copper prices rose marginally or $3.0/MT to $8214.8/MT. Aluminium prices rose marginally or $0.5/MT to $2066.3/MT. In the … Continue reading →

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EUR/USD: Euro trading higher ahead of the Eurogroup meetings due today

Posted on February 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.18% against the USD and closed at 1.3359. In Germany, the seasonally adjusted trade surplus widened to €16.80 billion in December, compared to a revised €15.60 billion surplus … Continue reading →

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GBP/USD: Pound gained as risk appetite improved; trading lower this morning

Posted on February 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP rose 0.62% against the USD and closed at 1.5803, as risk appetite improved among investors after the release of strong US trade balance data. In the US, the trade … Continue reading →

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USD/JPY: Yen’s weakening trend taking place too rapidly, indicated Taro Aso

Posted on February 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.82% against the JPY and closed at 92.85. On Friday, Japanese Finance Minister Taro Aso stated that the yen’s sharp drop since November has been too fast. … Continue reading →

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USD/CHF: Swiss Franc buoyed by positive retail sales data; trading lower this morning

Posted on February 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9178. The Swiss Franc rose after retail sales in Switzerland increased in December. Annual retail sales in Switzerland rose 5.1% … Continue reading →

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USD/CAD: Loonie fell on disappointing employment and housing data

Posted on February 11, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.47% against the CAD to close at 1.0027. The Canadian Dollar weakened as investors fretted over the unexpected drop in employment in January. In Canada, employment fell … Continue reading →

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