AUD/USD: Retail sales disappoint, lead the Aussie lower

Posted on December 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the AUD ended flat against the USD to close at 1.0428. Over the weekend, the Australian Industry Group’s performance of manufacturing index declined to a reading of 43.6 in November, the … Continue reading →

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USD/CAD: Canadian Dollar reverses previous session losses

Posted on December 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.13% against the CAD to close at 0.9943, amid disappointing Canadian GDP data. In economic news, on an annual basis, the Gross Domestic Product (GDP) in Canada rose … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning ahead of the SVME PMI data later today

Posted on December 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose marginally against the CHF and closed at 0.9282. Switzerland’s KOF Institute’s economic barometer fell to a reading of 1.50 in November, from a revised reading of 1.64 in … Continue reading →

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USD/JPY: Capital expenditures growth slows in Japan

Posted on December 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.41% against the JPY and closed at 82.48. In Japan’s economic news, housing starts increased 25.2% (YoY) in October, accelerating from 15.5% rise in September. Annualized housing starts … Continue reading →

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GBP/USD: House prices decline in the UK, Pound trading higher this morning

Posted on December 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.16% against the USD and closed at 1.6012. Over the weekend, the UK Chancellor of the Exchequer, George Osborne acknowledged that that it was taking longer than hoped to … Continue reading →

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EUR/USD: Euro gained after Germany approved a €44 billion aid for Greece

Posted on December 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.11% against the USD and closed at 1.2986, after Germany’s Parliament voted by 473 to 100 to give the green light to the release of €44 billion ($56.9 billion) … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on November 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.43% against the USD to close at 1.0428. LME Copper prices rose 1.7% or $130.3MT to $7849.8/MT. Aluminium prices rose 2.7% or $53.3/MT to $2045.5/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Canadian dollar pressured on current account deficit data, trading higher this morning

Posted on November 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD to close at 0.9930. The Canadian dollar weakened against the US dollar as current account deficit in Canada widened to C$18.91 billion in the Q3 FY2012, … Continue reading →

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USD/CHF: Swiss economy rebounds in Q3 FY2012

Posted on November 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9280. The Swiss Franc rose, after the State Secretariat for Economic Affairs (SECO) indicated that the Swiss economy expanded more-than-expected in the … Continue reading →

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USD/JPY: The Yen slips as Japan cabinet approves stimulus package

Posted on November 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 82.15. In the Asian session, at GMT0400, the pair is trading at 82.42, with the USD trading 0.34% higher from yesterday’s close. … Continue reading →

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GBP/USD: Gfk consumer confidence index rises in November

Posted on November 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.15% against the USD and closed at 1.6038. In the UK, mortgage approvals rose to 53,000 in October, while consumer credit retreated by £0.5 billion in October. Also, M4 money … Continue reading →

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