USD/CAD: Loonie rose on Canadian jobs report

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.25% against the CAD to close at 0.9787. The Canadian Dollar rose after reports showed that the Canadian economy added significantly more jobs than forecast in September. … Continue reading →

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USD/CHF: Pair trading higher ahead of Swiss unemployment & CPI data

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined 0.14% against the CHF and closed at 0.9298. On Friday, the KOF Economic Institute in Switzerland forecasted that the Swiss economy would grow by 0.9% in 2012, … Continue reading →

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GBP/USD: GBP trading lower in the Asian session

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.33% against the USD and closed at 1.6130. Over the weekend, the UK Prime Minister, David Cameron stated that the economy is rebalancing toward the private sector as … Continue reading →

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EUR/USD: EURUSD trading below the 1.3000 mark

Posted on October 8, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR rose 0.11% against the USD and closed at 1.3027, after strong US jobs data in September fuelled demand for higher-yielding currencies. The US Labor Department indicated that initial jobless … Continue reading →

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AUD/USD: US Dollar extends losses as sentiment firms up on ECB comments

Posted on October 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0241, as demand for riskier currencies rose after European Central Bank (ECB) President, Mario Draghi said that the announcement of Outright Monetary Transactions had … Continue reading →

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USD/CAD: Loonie rises as market sentiment firms up

Posted on October 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CAD to close at 0.9811, as market sentiment firmed up after the European Central Bank (ECB) reiterated that it was ready to buy the debt of troubled … Continue reading →

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USD/CHF: Switzerland’s industrial production grew at a faster pace in Q2

Posted on October 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CHF and closed at 0.9309. The Swiss Franc rose, following a rise in nation’s industrial production. Switzerland’s industrial production rose 4.6% (YoY) in Q2 FY2012, compared to … Continue reading →

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GBP/USD: Pound gains on Mario Draghi’s comments, BoE support

Posted on October 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD and closed at 1.6186, as encouraging comments by European Central Bank (ECB) President, Mario Draghi boosted market sentiment while the Pound remained supported after the Bank of … Continue reading →

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USD/JPY: BoJ keeps policy steady but cuts economic assessment

Posted on October 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 78.52. In the Asian session, at GMT0300, the pair is trading at 78.46, with the USD trading 0.08% lower from yesterday’s close. Today … Continue reading →

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EUR/USD: Euro rises on ECB’s stance to start buying bonds

Posted on October 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.73% against the USD and closed at 1.3017, after European Central Bank (ECB) President, Mario Draghi reiterated that the single currency is “irreversible” and said that he remained committed to preserving … Continue reading →

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AUD/USD: Aussie fell after Australian trade deficit widened in August

Posted on October 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0229, after data showed that Australian trade deficit widened in August. LME Copper prices declined 0.8% or $63.3/MT to $8275.8/MT. Aluminium prices declined 1.6% … Continue reading →

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