EUR/USD: Euro trading higher this morning

Posted on January 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR fell marginally against the USD and closed at 1.3310. Trading remained subdued as US market remained closed yesterday for the Martin Luther King, Jr. holiday. Yesterday, Jens Weidmann, the President of … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Pair trading between its MA’s

Posted on January 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.13% against the USD and closed at 1.5835, amid persistent concerns over the faltering economic recovery in the UK. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: BoJ adopts 2% inflation target

Posted on January 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 89.64. In economic news, convenience store sales in Japan fell 2.0% (YoY) in December, slower than the 2.5% decline recorded in the … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss industrial output growth slows in Q3

Posted on January 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9347. Switzerland’s industrial production increased 2.2% annually in Q3 FY2012, lower than the revised 4.7% rise registered in the Q2 FY2012. Separately, … Continue reading →

Posted in USD/CHF | Leave a comment

USD/CAD: Wholesales sales rose in Canada

Posted on January 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9929. Wholesales sales in Canada climbed 0.7% (MoM) in November, compared to a downwardly revised 0.8% growth recorded in the previous month. … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Australian Dollar trading higher in the Asian session

Posted on January 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0515. LME Copper prices declined 0.4% or $31.8/MT to $8020.3/MT. Aluminium prices declined 1.0% or $21.0/MT to $2000.3/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian manufacturing sales expanded in November

Posted on January 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.63% against the CAD to close at 0.9922. In Canada, manufacturing sales expanded 1.7% (MoM) in November, against the expectations for 1.0% rise and October’s contraction of … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie trading higher in the Asian session

Posted on January 21, 2013 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.33% against the USD to close at 1.0510. LME Copper prices rose 1.6% or $124.5/MT to $8052/MT. Aluminium prices rose 0.9% or $18.0/MT to $2021.3/MT. In the Asian … Continue reading →

Posted in AUD/USD | Leave a comment

GBP/USD: UK house price index advanced in January, indicates Rightmove

Posted on January 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.63% against the USD and closed at 1.5877, amid disappointing UK retail sales figures. Retail sales in the UK unexpectedly declined 0.1% (MoM) in December, after staying flat … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Yen trading higher in the Asian session

Posted on January 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.21% against the JPY and closed at 90.00. On Friday, Japanese industrial production declined a seasonally adjusted 1.4% (MoM) in November, slower than the 1.7% fall estimated … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc trading lower ahead of industrial production data

Posted on January 21, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.18% against the CHF and closed at 0.9343. In the Asian session, at GMT0400, the pair is trading at 0.9344, with the USD trading marginally higher from … Continue reading →

Posted in USD/CHF | Leave a comment