USD/CHF: Swissy trading lower this morning

Posted on January 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.32% against the CHF and closed at 0.9267. In the Asian session, at GMT0400, the pair is trading at 0.9281, with the USD trading 0.15% higher from … Continue reading →

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AUD/USD: Australian Dollar trading higher this morning

Posted on January 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.31% against the USD to close at 1.0412. LME Copper prices rose 0.3% or $24.0/MT to $8059.8/MT. Aluminium prices rose 0.8% or $15.5/MT to $2042.3/MT. In the … Continue reading →

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EUR/USD: Euro gained on optimism that the Euro-zone crisis is abating

Posted on January 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.71% against the USD and closed at 1.3463, after the European Central Bank said 278 Euro-zone banks are to repay €137.2 billion in central bank loans next week, … Continue reading →

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USD/CAD: Canadian Dollar dropped following disappointing CPI data

Posted on January 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.56% against the CAD to close at 1.0081. The Canadian Dollar fell versus its US counterpart after a report showed that nation’s consumer prices declined more-than-forecast last … Continue reading →

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EUR/USD: Euro rose on upbeat US and Europe economic data; trading lower this morning

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3368, as investor sentiment improved following upbeat US employment data and positive German and Euro-zone manufacturing data. On the US economic front, for … Continue reading →

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GBP/USD: Pound trading lower this morning, amid speculation of disappointing Q4 GDP numbers

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.31% against the USD and closed at 1.5781, as uncertainty over Britain’s future in the European Union continued to weigh over investor sentiment. In UK’s economic news, the British Bankers … Continue reading →

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USD/JPY: Japanese CPI data disappoints

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 2.22% against the JPY and closed at 90.55. Yesterday, the German Chancellor Angela Merkel stated that the Japanese government’s call for monetary easing and central-bank cash that has been … Continue reading →

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USD/CHF: Swiss Franc trading above its MA’s

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9295. Yesterday, the Swiss National Bank Vice-Chairman, Jean-Pierre Danthine, stated that central bank cannot easily adjust its cap on the Swiss Franc’s … Continue reading →

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USD/CAD: Loonie trading lower ahead of the Canadian CPI data due today

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.0025, as investor optimism on the economy continued to be impacted a day after the Bank of Canada reduced its growth forecast … Continue reading →

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AUD/USD: Aussie reverses its previous session losses

Posted on January 25, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.86% against the USD to close at 1.0444, despite positive Chinese manufacturing data. LME Copper prices declined 1.0% or $79.5/MT to $8035.8/MT. Aluminium prices declined 1.0% or $20.5/MT to $2026.8/MT. … Continue reading →

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EUR/USD: Euro pressured following IMF downgrade, trading higher this morning

Posted on January 24, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3307, as the International Monetary Fund (IMF) lowered its growth forecast for the world economy in 2013, citing that the sovereign debt crisis in … Continue reading →

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