USD/CHF: Swiss unemployment rate steady at 2.9% in August

Posted on September 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 1.01% against the CHF and closed at 0.9444. In Switzerland, on a seasonally adjusted basis, the unemployment rate stood steady at 2.9% in August, in line with market expectations. … Continue reading →

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USD/JPY: Japan’s economy grew 0.2% (QoQ) in April-June

Posted on September 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.81% against the JPY and closed at 78.26. In Japan, the leading index fell to a reading of 91.8 in July, from 93.2 in June. The coincident index declined … Continue reading →

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EUR/USD: Euro gives up Friday’s gain this morning; Euro-zone investor confidence data awaited

Posted on September 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 1.47% against the USD and closed at 1.2814, extending its Thursday’s gains, after the European Central Bank (ECB) on Thursday, unveiled a new plan for potentially unlimited bond buying … Continue reading →

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AUD/USD: Australia trade deficit widened in July

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.83% against the USD to close at 1.0278. LME Copper prices rose 0.8% or $64.0/MT to $7670.3/MT. Aluminium prices rose 1.8% or $34.8/MT to $1962.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Lonnie higher ahead of Canadian unemployment rate

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.76% against the CAD to close at 0.9833. The Loonie rose as risk appetite increased among investors, after the European Central Bank (ECB) announced its bond buying plan and following better-than-expected … Continue reading →

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USD/CHF: Swiss unemployment rate expected to rise to 2.8% in August

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.21% against the CHF and closed at 0.9540. In the Asian session, at GMT0300, the pair is trading at 0.9540, with the USD trading flat from yesterday’s close. The pair is … Continue reading →

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USD/JPY: Trading flat from yesterday’s close

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.61% against the JPY and closed at 78.90, following positive US employment data. In the US, the number of individuals filing for initial jobless benefits fell to 365,000 for the week … Continue reading →

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GBP/USD: BoE kept interest rate and asset purchase target unchanged

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.5929. Yesterday, the Bank of England (BoE) holds interest rates at 0.50% for the 42nd consecutive month in September, and left the target of … Continue reading →

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EUR/USD: Euro rose as ECB revealed bond buying plan

Posted on September 7, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.25% against the USD and closed at 1.2628, following the European Central Bank’s (ECB) decision to buy bonds issued by heavily indebted Euro-zone countries in order to ease rising borrowing costs. … Continue reading →

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AUD/USD: Unemployment rate in Australia fell to 5.1% in August

Posted on September 6, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.20% against the USD to close at 1.0193. LME Copper prices declined 0.4% or $34.0/MT to $7606.3/MT. Aluminium prices rose marginally or $0.5/MT to $1927.8/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: BoC holds interest rate steady at 1.0%

Posted on September 6, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.43% against the CAD to close at 0.9908. Yesterday, the Bank of Canada (BoC) kept its overnight rate unchanged at 1.00% in September, in line with market expectations. The bank stated … Continue reading →

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