USD/CAD: Loonie trading lower this morning

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9866. On the US economic front, consumer credit increased by more-than-expected $16.0 billion in November, compared to an upwardly revised $14.1 billion increase … Continue reading →

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USD/CHF: Swiss jobless rate remained stable in December

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9239. In Swiss economic news, the seasonally adjusted jobless rate remained unchanged at 3.0% in December, in line with the market expectation. In … Continue reading →

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USD/JPY: Yen reverses previous session gains

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.40% against the JPY and closed at 86.92. The Japanese Finance Minister, Taro Aso said yesterday that his government would buy bonds issued by the European Stability Mechanism in order … Continue reading →

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GBP/USD: BRC shop price inflation remained stable at 1.5%

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.6060. In the Asian session, at GMT0400, the pair is trading at 1.6044, with the GBP trading 0.10% lower from yesterday’s close. Data released … Continue reading →

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EUR/USD: Euro weighed down by weak European economic data

Posted on January 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.3083, amid disappointing Euro-zone economic data. Additionally, speculation over a French ratings downgrade further weighed on the Euro. However, the French Finance Minister, Pierre … Continue reading →

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USD/CHF: Swiss Franc trading lower

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CHF and closed at 0.9209. In Switzerland, foreign currency reserves narrowed slightly to CHF427.2 billion in December, from CHF427.4 billion in November. In the Asian session, … Continue reading →

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GBP/USD: UK to moderately recover in 2013, indicates BCC

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.34% against the USD and closed at 1.6122. In the UK, the Lloyds Bank reported that employment confidence came in unchanged at a reading of -42.0 in December, compared to … Continue reading →

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USD/JPY: Japanese Yen snaps its yesterday’s gain, trading lower this morning

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.07% against the JPY and closed at 87.27. Automobile sales in Japan fell 3.4% (YoY) in December, following a 3.3% decline in November. In the Asian session, at GMT0400, … Continue reading →

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EUR/USD: Euro pressured as market awaits ECB decision later this week

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.43% against the USD and closed at 1.3124, ahead of Thursday’s European Central Bank decision on interest rates. However, on the economic front, Euro-zone’s sentix index rose for the fifth … Continue reading →

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USD/CAD: Loonie gained following encouraging Ivey PMI in Canada, trading lower this morning

Posted on January 8, 2013 by GCI Financial

  USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9859, buoyed by an improvement in Canada’s purchasing activity. On a seasonally adjusted basis, Canada’s Ivey Purchasing Managers Index (PMI) … Continue reading →

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AUD/USD: Aussie pressured as trade deficit widened more-than-expected in Australia

Posted on January 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.15% against the USD to close at 1.0511. LME Copper prices declined 0.4% or $30.3/MT to $7995.3/MT. Aluminium prices declined 2.5% or $50.8/MT to $2004.8/MT. In the Asian session, at … Continue reading →

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