EUR/USD: Dollar trading lower this morning following upbeat Chinese factory data

Posted on November 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.2965, after Spanish Prime Minister, Mariano Rajoy stated that he would not rule out asking for a bailout from the European Union to meet … Continue reading →

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AUD/USD: Australian & Chinese PMI improves in October

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0372. LME Copper prices rose 0.8% or $59.3/MT to $7819.0/MT. Aluminium prices declined 0.1% or $1.8/MT to $1882.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Canadian GDP contracted in August

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0001. The Canadian Dollar came under pressure after official data showed that the Canadian economy unexpectedly contracted in August. Yesterday, the Statistics … Continue reading →

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USD/CHF: Swissy trading higher this morning ahead of the SVME PMI index data

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9315. In the Asian session, at GMT0400, the pair is trading at 0.9317, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/JPY: Greenback trading higher this morning

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 79.86. On an annual basis, Japanese wage earners’ total cash earnings was unchanged in September, from a downwardly revised 0.0% recorded in … Continue reading →

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GBP/USD: CBI raises UK’s economic growth outlook

Posted on November 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD and closed at 1.6132. In the UK, the Gfk consumer confidence index unexpectedly declined to a reading of -30.0 in October, the lowest level in six … Continue reading →

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AUD/USD: Australian dollar strengthens against the greenback in the Asian session

Posted on October 31, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.24% against the USD to close at 1.0363. LME Copper prices rose 0.5% or $40.3/MT to $7759.8/MT. Aluminium prices rose 0.6% or $11.0/MT to $1884.3/MT. In the Asian session, at … Continue reading →

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USD/CHF: Trading marginally lower this morning

Posted on October 31, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9323. The Swiss UBS consumption indicator rose to 1.07 points in September, following a revised 1.02 points in August. In the Asian … Continue reading →

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USD/CAD: Pair trading lower in the Asian session; Canadian GDP data awaited

Posted on October 31, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9998, falling below parity. The Canadian Dollar rose after manufacturers’ prices rose for the first time since April. The Canadian industrial product … Continue reading →

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USD/JPY: Japan’s manufacturing activity contracts to 18-month low in October

Posted on October 31, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 79.68. The Bank of Japan (BoJ), in its latest monetary policy meeting, expanded its asset purchase fund by ¥11.0 trillion to ¥66.0 … Continue reading →

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GBP/USD: British Pound strengthens on improved retail sales

Posted on October 31, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.6073, after the UK retail sales rose to a four-month high in October. Yesterday, the Confederation of British Industry, in its Distributive Trades … Continue reading →

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