AUD/USD: Aussie trading higher in the Asian hours

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0464, after the National Australia Bank’s monthly business survey showed an unexpected rise in business confidence in December. LME Copper prices marginally lower … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD and closed at 1.3488, after a report showed that the German consumer sentiments for February improved more than the market expected. The consumer confidence index for … Continue reading →

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USD/JPY: Japan retail sales rises in December

Posted on January 30, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.39% against the JPY and closed at 90.80. On the economic front, Japan’s small business confidence index rose to a reading of 44.3 in January, compared to a reading … Continue reading →

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EUR/USD: Euro tad higher this morning

Posted on January 29, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.13% against the USD and closed at 1.3448, as investors booked profits post its recent rally and as investors exercised caution ahead of the US Federal Reserve policy meeting. In economic … Continue reading →

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GBP/USD: Pound reverses its yesterday’s losses, trading higher in the Asian session

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.5697, as investors continued to assess the implications of a softened economic outlook and amid dovish comments from incoming Bank of England Governor, … Continue reading →

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USD/JPY: Yen trading lower this morning

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.82% against the JPY and closed at 90.44. Yesterday, the Japanese Prime Minister, Shinzo Abe, urged the Bank of Japan (BoJ) to implement bolder policies to achieve its 2% … Continue reading →

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USD/CHF: Swissy trading flat in the Asian session

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9263, ahead of the Federal Reserve two day meeting starting from tomorrow. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0060. Yesterday, Moody’s Investors Service downgraded six of Canada’s major financial institutions on concerns over high levels of consumer debt among Canadians … Continue reading →

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AUD/USD: Australian business confidence rises, while CB leading economic index retreats

Posted on January 29, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0422. LME Copper prices declined 0.6% or $45.5/MT to $8014.25/MT. Aluminium prices declined 1.8% or $36.0/MT to $2006.3/MT. In the Asian session, at … Continue reading →

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GBP/USD: UK house prices stood flat in January

Posted on January 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP rose 0.18% against the USD and closed at 1.5809. However, UK’s gross domestic product (GDP) retreated 0.3% (QoQ) in the Q4 FY2012, compared to a 0.9% rise recorded in … Continue reading →

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USD/JPY: Japan expects upbeat economic growth in 2013-14

Posted on January 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.61% against the JPY and closed at 91.10. On Saturday, at the World Economic Forum’s annual meeting in Davos, Japan’s Economy Minister, Akira Amari, stated that the … Continue reading →

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