USD/JPY: Central bank ready to take necessary and bold monetary, indicates Kiyohiko Nishimura

Posted on December 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.38% against the JPY and closed at 81.84. Yesterday, the Japanese Ministry of Health, Labour and Welfare reported that average wages rose 0.2% (YoY) in October, following a downwardly … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: UK shop price inflation remained unchanged in November, indicates BRC

Posted on December 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6099. On the economic front, the UK’s Chartered Institute of Purchasing & Supply (CIPS) reported that the construction purchasing managers’ index (PMI) fell … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: US Dollar weighed down by concerns over the US fiscal cliff

Posted on December 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3099, boosted by efforts to tackle the debt problems of Greece and Spain, and as the greenback came under pressure from expectations of … Continue reading →

Posted in EUR/USD | Leave a comment

USD/CAD: BoC maintains interest rate at 1%

Posted on December 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9933. The Loonie gained after the Bank of Canada (BoC) left its benchmark interest rate unchanged at 1.0% in December but indicated … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Australian GDP grew in the Q3 FY2012

Posted on December 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0474. LME Copper prices rose 0.2% or $15.5/MT to $7990.8/MT. Aluminium prices rose 0.2% or $4.0/MT to $2100.3/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

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

Posted on December 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9944. In the Asian session, at GMT0400, the pair is trading at 0.9949, with the USD trading marginally higher from yesterday’s close. The … Continue reading →

Posted in USD/CAD | Leave a comment

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

Posted on December 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9248. The Swiss Franc advanced following a rise in Swiss PMI and retail sales. On the Swiss economic front, the SVME-PMI rose to … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen gained in the Asian session amid positive Japanese economic data

Posted on December 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.40% against the JPY and closed at 82.15, after the ISM purchasing managers index (PMI) in the US retreated to a reading of 49.5 in November, marking the lowest level … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: UK BRC retail sales rises in November

Posted on December 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6097, after the UK’s seasonally adjusted manufacturing purchasing managers’ index (PMI) rose to 49.1 in November, from a revised reading of 47.3 in October. … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro gained on higher risk appetite; trading lower this morning

Posted on December 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.52% against the USD and closed at 1.3064, as risk appetite increased buoyed by Greece’s $13 billion bond buyback plan and amid upbeat Chinese economic. Yesterday, in an effort to reform … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: RBA cut rates to 3% to boost economy

Posted on December 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0432. LME Copper prices rose 0.3% or $26.5/MT to $7975.3/MT. Aluminium prices rose 0.9% or $17.8/MT to $2096.3/MT. In the Asian session, at GMT0400, … Continue reading →

Posted in AUD/USD | Leave a comment