EUR/USD: Euro gained following a drop in Italy’s borrowing costs

Posted on November 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.2730, buoyed by a drop in Italy’s borrowing costs to the lowest level since October 2010 at an auction of three-year government bonds. … Continue reading →

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AUD/USD: Australian Dollar trading higher on improved consumer sentiment

Posted on November 14, 2012 by GCI Financial

  AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0444. LME Copper prices declined 0.3% or $20.0/MT to $7606.3/MT. Aluminium prices rose 0.8% or $14.8/MT to $1943.8/MT. In the Asian … Continue reading →

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USD/CAD: Greenback weakens on rising risk appetite

Posted on November 14, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.0017. In the US economic news, the National Federation of Independent Business’s (NFIB) Small-Business Optimism Index rose to a reading of 93.1 … Continue reading →

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USD/CHF: Swiss PPI declined in October

Posted on November 14, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9472. Switzerland’s producer price index (PPI) retreated 0.1% (MoM) in October, compared to a 0.3% rise recorded in the previous month. In … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on November 14, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 79.46. On the economic front, Japanese industrial production fell 4.1% (MoM) in September, in line with preliminary estimate. Meanwhile, capacity utilization fell … Continue reading →

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GBP/USD: UK CPI surges, all eyes on BOE’s inflation report

Posted on November 14, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5875. Earlier the Pound rose as prospects of the Bank of England (BoE) embracing further stimulus measures diminished after economic data released yesterday … Continue reading →

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EUR/USD: Euro spikes on Greek aid report

Posted on November 14, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2710. The Euro was buoyed after German newspaper, Bild Zeitung reported that Greece would get a lump sum of over €44 billion ($55.9 … Continue reading →

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AUD/USD: Australian business sentiment drops in October

Posted on November 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.29% against the USD to close at 1.0425. In Chinese economic news, the M0 money supply rose 10.5% in October, compared to a 13.3% rise recorded in the previous month. … Continue reading →

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USD/CAD: Greenback inches higher in the Asian session

Posted on November 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0001. In the Asian session, at GMT0400, the pair is trading at 1.0004, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on November 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9485. On Sunday, the Swiss National Bank board member, Fritz Zurbruegg, indicated that central bank is prepared to take additional measures to … Continue reading →

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USD/JPY: Greenback trading lower against the Yen in the Asian session

Posted on November 13, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 79.61. Yesterday, Japan’s Economy Minister, Seiji Maehara stated that the negative effects on Japan’s economic growth from the ongoing territorial dispute with … Continue reading →

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