USD/CHF: Swiss Franc trading lower in the Asian session

Posted on October 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9263. In Switzerland, money supply M3 rose 9.9% (YoY) in September, compared to an 8.3% rise in the previous month. With no major … Continue reading →

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USD/JPY: Yen fell on weak Japanese trade data, trading higher this morning

Posted on October 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.92% against the JPY and closed at 79.99. The yen came under pressure after weaker-than-expected Japanese trade data raised expectations for more monetary easing by the Bank of Japan. In … Continue reading →

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GBP/USD: British Pound erases its yesterday’s gains

Posted on October 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6021, as risk appetite rose after regional election results in Spain made it more likely that the country would ask for a bailout. … Continue reading →

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EUR/USD: Euro rose buoyed by Spanish elections, trading lower this morning

Posted on October 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3071, after Spanish regional election results indicated support for the austerity policies of Prime Minister, Mariano Rajoy. On Sunday, the Spanish Prime Minister, … Continue reading →

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USD/CAD: Canadian Dollar fell on weaker-than-expected nation’s consumer inflation data

Posted on October 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.89% against the CAD to close at 0.9936. The Canadian Dollar weakened after Statistics Canada indicated that consumer price inflation rose by 0.2% in September, below expectations for … Continue reading →

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AUD/USD: Australia cuts economic growth forecast

Posted on October 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.39% against the USD to close at 1.0333. LME Copper prices declined 1.1% or $89.0/MT to $8120.5/MT. Aluminium prices rose 0.3% or $5.0/MT to $1976.3/MT. In the Asian … Continue reading →

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USD/JPY: Japanese trade deficit narrows in September, trading lower this morning

Posted on October 22, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD weakened marginally against the JPY and closed at 79.32, as existing home sales in the US declined in September. On the economic front, Japan’s leading index climbed to … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on October 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.40% against the CHF and closed at 0.9283. In the Asian session, at GMT0300, the pair is trading at 0.9274, with the USD trading 0.10% lower from Friday’s … Continue reading →

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GBP/USD: UK public sector net borrowing declined unexpectedly in September

Posted on October 22, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.31% against the USD and closed at 1.6005. On Friday, public sector net borrowing, excluding the temporary effects of financial interventions, in the UK fell by £0.7 billion … Continue reading →

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EUR/USD: Euro traded lower amid persistent worries over Spain’s debt issue, trading higher this morning

Posted on October 22, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR declined 0.34% against the USD and closed at 1.3025, as risk appetite waned amid tepid US economic data and as concerns over the handling of Spain’s debt troubles continued … Continue reading →

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AUD/USD: Pair drifting lower in the Asian session

Posted on October 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0374. LME Copper prices rose 1.2% or $97.3/MT to $8209.5/MT. Aluminium prices rose 2.0% or $39.0/MT to $1971.3/MT. In the Asian session, at GMT0300, … Continue reading →

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