USD/CAD: Loonie advanced amid upbeat Canadian GDP figures

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD to close at 0.9969. The Canadian Dollar gained following a stronger-than-expected gross domestic product data in Canada. Yesterday, Canada’s gross domestic product grew 0.3% (MoM) … Continue reading →

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AUD/USD: Aussie drops after China manufacturing data disappoints and as Australia’s PPI eases

Posted on February 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0431. Late yesterday, the Australia Industry Group’s performance of manufacturing index retreated to a reading of 40.2 in January, the lowest level since … Continue reading →

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USD/JPY: Industrial production rises less-than-expected in Japan

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 91.01. Yesterday in the US, Automatic Data Processing, Inc. (ADP) reported that, private sector employment rose by 192,000 jobs in January, compared … Continue reading →

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GBP/USD: GfK consumer confidence index rises in January

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.33% against the USD and closed at 1.5797, after the Federal Reserve announced it was sticking with loose monetary policies, including its $85 billion monthly bond-purchasing program. In UK, M4 … Continue reading →

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EUR/USD: US Dollar weakened on disappointing US GDP figures, Fed decision

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.61% against the USD and closed at 1.3569, after economic data showed that the US economy contracted in the Q4 FY2012 and as the Federal Reserve announced that it would … Continue reading →

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USD/CHF: US Dollar falls as Federal Reserve stays aggressive

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CHF and closed at 0.9111, as disappointing US GDP data prompted investors to go short on the greenback. On the economic front, Switzerland’s consumption indicator rose … Continue reading →

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AUD/USD: Disappointing US Q4 GDP data continued to weigh on Australian Dollar

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.45% against the USD to close at 1.0416, following news that the US economy contracted in the final three months of 2012. LME Copper prices rose 2.1% or $165.0/MT to … Continue reading →

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USD/CAD: Canadian Dollar continues its previous session losses

Posted on January 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0023. The Canadian Dollar retreated as data showed that the economy of the US, it largest trading partner, unexpectedly shrank in the … Continue reading →

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GBP/USD: UK economic growth to pick up, indicates David Miles

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.31% against the USD and closed at 1.5746. Yesterday, the Bank of England (BoE) policymaker, David Miles, stated that economic growth in the UK would accelerate slowly and pick up … Continue reading →

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USD/CAD: Canadian Dollar trading lower as Fed, US data in focus

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.0014. The Canadian Dollar rose in line with a general rebound in commodity currencies. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of the KOF leading indicator and the UBS consumption data

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9225. In the Asian session, at GMT0400, the pair is trading at 0.9225, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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