USD/JPY: BoJ Masaaki Shirakawa urges for deregulation, fiscal reform

Posted on November 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.25% against the JPY and closed at 82.37. In the Asian session, at GMT0400, the pair is trading at 82.28, with the USD trading 0.11% lower from … Continue reading →

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GBP/USD: Pound reverses previous session gains, trading lower this morning

Posted on November 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP rose 0.58% against the USD and closed at 1.6029, as demand for riskier currencies improved after Greece indicated that the International Monetary Fund had relaxed its debt-cutting target for … Continue reading →

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EUR/USD: Euro lower ahead of Euro-zone meeting on Greece

Posted on November 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.79% against the USD and closed at 1.2976, as investor risk appetite was boosted by better-than-expected German economic data. Moreover, the Euro also gained after Greece indicated that … Continue reading →

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AUD/USD: Aussie up during Asian trade

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0379. LME Copper prices rose 0.1% or $11.3/MT to $7715.8/MT. Aluminium prices declined 0.6% or $12.5/MT to $1915.3/MT. In the Asian session, at … Continue reading →

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USD/CAD: Canadian retail sales rise in September

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 0.9977. On the economic front, Canada’s retail sales rose 0.1% (MoM) in September, from 0.3% in the previous month. In the Asian … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 0.9354. According to media reports, the Swiss National Bank (SNB) Chief, Thomas Jordan, stated that the Swiss economy is likely to show … Continue reading →

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USD/JPY: Yen rose on speculation that recent losses were overdone

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.25% against the JPY and closed at 82.37. The Yen rose on bargain hunting as investors speculated that recent decline in the currency was overdone. However, gains were capped … Continue reading →

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GBP/USD: UK industrial orders rose less-than-expected in November, indicates CBI

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.5937, after data from the industrial trends survey by the Confederation of British Industry (CBI) showed that UK’s manufacturing orders rose less-than-expected in … Continue reading →

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EUR/USD: Euro banks on upbeat PMI data in China & Europe and amid successful Spanish bond auction

Posted on November 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.2874, following strong manufacturing PMI data in China, the Euro-zone, Germany and France. A successful bond auction in Spain also bolstered gains … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on November 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0382. LME Copper prices declined 0.3% or $26.0/MT to $7704.5/MT. Aluminium prices declined 1.3% or $24.5/MT to $1927.8/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Canada Teranet/National Bank composite House Price Index fell in October

Posted on November 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 0.9960. On the economic front, the Teranet-National Bank National composite house price index in Canada declined 0.2% (MoM) in October, compared to a … Continue reading →

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