GBP/USD: Pound trading flat this morning

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5831. However, losses in the Pound were limited as official data showed that the number of people claiming unemployment benefits in the UK … Continue reading →

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USD/JPY: Japan trade deficit at ¥641.5 billion in December

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 88.58. In its monthly economic report, the Japanese Cabinet Office stated that the government has upgraded its assessment of the economy for … Continue reading →

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USD/CHF: Swiss economic sentiment continued to improve for fourth month in January

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9300. In economic news, data from a survey by the Center for European Economic Research (ZEW) and Credit Suisse showed that expectations … Continue reading →

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USD/CAD: Canadian Dollar fell to parity as BoC indicates ‘Rate Boost Less Urgent’

Posted on January 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.0001, after the Bank of Canada (BoC) lowered its economic estimates and indicated that it would probably keep interest rates unchanged longer … Continue reading →

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AUD/USD: Australian Dollar trading lower this morning

Posted on January 24, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0535, as investors were disappointed by a sharp drop in the Australian consumer price index. LME Copper prices rose 0.6% or $47.8/MT to $8115.3/MT. … Continue reading →

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GBP/USD: Pound trading lower ahead of the BoE minutes, UK Prime Minister’s speech

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5838. Gains in the Pound were capped as market sentiment weakened amid talks over the organization of financial aid to banks by the … Continue reading →

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USD/JPY: Yen continues to move northwards

Posted on January 23, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 1.24% against the JPY and closed at 88.52. On the economic front, Japan’s all industry activity index fell 0.3% (MoM) in November, slower than the expected 0.5% fall and following … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9296. In the Asian session, at GMT0400, the pair is trading at 0.9291, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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AUD/USD: Aussie trading lower amid disappointing Australian consumer prices data

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 1.0560. LME Copper prices rose 0.6% or $47.3/MT to $8067.5/MT. Aluminium prices rose 0.4% or $8.0/MT to $2008.3/MT. In the Asian session, at … Continue reading →

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EUR/USD: Euro trading lower, after rising on encouraging economic data, Olli-Draghi comments

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3314, after the release of encouraging economic sentiment data from Germany and the Euro-zone. The Euro remained buoyant as the European Union … Continue reading →

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USD/CAD: Canadian dollar trading lower ahead of the BoC interest rate decision

Posted on January 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9920. Canadian retail sales data was mixed, as core retail sales data came well below forecast but overall retail sales made a … Continue reading →

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