USD/JPY: Central bank to continue aggressive monetary easing, indicates Shirakawa

Posted on January 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 89.45. In the Asian session, at GMT0400, the pair is trading at 89.03, with the USD trading 0.47% lower from yesterday’s close. Data … Continue reading →

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GBP/USD: UK house price balance flat in December, indicates RICS

Posted on January 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.29% against the USD and closed at 1.6076, as pressure for the UK government to renegotiate the terms of its European Union (EU) membership intensified. The UK opposition leader, Ed … Continue reading →

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EUR/USD: Euro trading lower ahead of inflation data in the Euro-zone

Posted on January 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3377. The greenback came under pressure, after the Federal Reserve Chairman, Ben Bernanke urged the US lawmakers to lift the country’s borrowing limit … Continue reading →

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EUR/USD: Euro extending its Friday’s gains

Posted on January 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.53% against the USD and closed at 1.3343. The Euro on Friday catapulted to its highest level against the Dollar since April 2012, a day after the European … Continue reading →

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GBP/USD: Downbeat UK economic data weighed on Pound, trading higher in the Asian session

Posted on January 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.19% against the USD and closed at 1.6134, amid disappointing UK economic data. On Friday, the annual industrial production fell 2.4% in November, against the expectations of a … Continue reading →

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USD/JPY: BoJ must set a 2.0% inflation target, indicates Shinzo Abe

Posted on January 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD weakened 89.19% against the JPY and closed at 89.18. In economic news, the Eco Watchers’ current index in Japan rose to a reading of 45.8 in December, compared … Continue reading →

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USD/CHF: Swiss consumer prices eased in December

Posted on January 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9136. In Switzerland, consumer prices eased 0.4% annually in December, compared to the same rate of fall recorded in November. … Continue reading →

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USD/CAD: Canada trade gap widened

Posted on January 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.15% against the CAD to close at 0.9848. The Canadian Dollar turned lower on Friday, after official data showed that Canada’s trade deficit widened unexpectedly in November … Continue reading →

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AUD/USD: Australian consumer price inflation eases, while home loan approvals drop

Posted on January 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.40% against the USD to close at 1.0536. LME Copper prices declined 0.6% or $45.8/MT to $8070.8/MT. Aluminium prices rose 0.1% or $2.5/MT to $2076.8/MT. In the … Continue reading →

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AUD/USD: Aussie trading broadly flat this morning

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.71% against the USD to close at 1.0579. LME Copper prices rose 0.7% or $58.0/MT to $8116.5/MT. Aluminium prices rose 0.6% or $13.0/MT to $2074.2/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Loonie gained despite weak Canadian economic data

Posted on January 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 0.9833. On the Canadian economic front, building permits slipped 17.9% (MoM) in the November, compared to a revised 15.9% rise recorded in the … Continue reading →

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