USD/CHF: Switzerland’s trade surplus widened in September

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9247. Switzerland’s trade surplus widened to CHF2.0 billion in September, from a revised CHF1.6 billion surplus in August. Meanwhile, exports increased to … Continue reading →

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USD/JPY: Yen fell amid BoJ easing speculation, trading higher this morning

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 79.32. The Yen came under pressure amid increased speculation that the Bank of Japan (BoJ) would ease monetary policy further at its … Continue reading →

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GBP/USD: Trading tad higher in the Asian session

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.6056. The Pound had risen earlier after the UK’s seasonally adjusted retail sales increased 0.6% (MoM) in September, against the expectations for a … Continue reading →

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EUR/USD: Euro trading higher this morning, EU summit in focus

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.33% against the USD and closed at 1.3069. During the European session, the Euro received some support after Spain’s yield on 10-year government bonds fell to the lowest level since … Continue reading →

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USD/CAD: Loonie slipped on Flaherty’s outlook, trading higher this morning ahead of Canada’s CPI data

Posted on October 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD to close at 0.9849. The Canadian Dollar weakened, as risk aversion increased following a weak data on the US labor sector, and after potential downgrade … Continue reading →

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AUD/USD: Aussie higher on positive economic data from Australia & China

Posted on October 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.69% against the USD to close at 1.0378, as upbeat housing data in the US fuelled risk appetite. LME Copper prices declined 0.4% or $28.8/MT to $8112.3/MT. Aluminium prices rose 0.1% … Continue reading →

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USD/CAD: Risk appetite weighs on the USD

Posted on October 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CAD to close at 0.9784, following the release of significantly stronger-than-forecast US housing starts data, while hopes for a Spanish bailout also bolstered risk appetite. In the … Continue reading →

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USD/CHF: Swiss economic sentiment improved in October

Posted on October 18, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9225. In Switzerland, a survey by the Center for European Economic Research (ZEW) showed that economic sentiment improved to a reading of … Continue reading →

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USD/JPY: Yen fell amid weak Japanese machine tool orders data

Posted on October 18, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 79.06. Machine tool orders in Japan declined 2.8% (YoY) in September, compared to a 3.0% drop recorded in the previous month. In … Continue reading →

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GBP/USD: Pound gained amid positive UK employment data

Posted on October 18, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6135, following positive UK employment data and as the minutes of the Bank of England’s meeting revealed that policymakers voted unanimously to leave … Continue reading →

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EUR/USD: Euro trading lower ahead of the European Union summit later today

Posted on October 18, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3112. A spokesperson for Spain’s Prime Minister stated that the country’s stance on a bailout had not changed and the government had not … Continue reading →

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