AUD/USD: Aussie lower on weak consumer sentiment in Australia

Posted on August 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 1.0489. LME Copper prices declined 0.3% or $19.8/MT to $7406.5/ MT. Aluminium prices declined 0.6% or $11.0/MT to $1812.8/ MT. In the Asian session, … Continue reading →

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USD/CAD: Showing convergence with its MA’s

Posted on August 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined marginally against the CAD to close at 0.9922. The Canadian Dollar rose after its largest trading partner, US, reported better-than-expected retail sales for the month of July, and as crude oil, … Continue reading →

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EUR/USD: Euro slips as Euro-zone GDP contracts further, trading flat this morning

Posted on August 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.09% against the USD and closed at 1.2322, after the Euro-zone gross domestic product shrank 0.2% in the second quarter, after a flat performance in the first three months of the … Continue reading →

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USD/CHF: Swiss Franc trading flat after yesterday’s fall

Posted on August 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.09% against the CHF and closed at 0.9748, after US data showed retail sales rose for the first time in four months in July. Meanwhile in Switzerland, the producer and import … Continue reading →

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USD/JPY: Greenback up on strong US economic data

Posted on August 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.56% against the JPY and closed at 78.78, after reports revealed that the US retail sales rose more-than-expected in July, dampening speculation that the Federal Reserve may ease policy and weaken … Continue reading →

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GBP/USD: GBP trading steady ahead of BoE minutes & UK unemployment report

Posted on August 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.04% against the USD and closed at 1.5675. Data released in the UK showed that the consumer price index rose 2.6% (YoY) in July, following a 2.4% rise in June. Meanwhile, … Continue reading →

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AUD/USD: Business confidence in Australia rose in July: NAB

Posted on August 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.35% against the USD to close at 1.0518. LME Copper prices declined 0.1% or $4.0/MT to $7426.3/MT. Aluminium prices declined 0.6% or $10.8/MT to $1823.8/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Loonie trading flat in the Asian session

Posted on August 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.12% against the CAD to close at 0.9925. In the Asian session, at GMT0300, the pair is trading at 0.9925, with the USD trading flat from yesterday’s close. The pair is … Continue reading →

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USD/CHF: US Dollar gaining strength this morning against the Swiss Franc

Posted on August 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.38% against the CHF and closed at 0.9739. In the Asian session, at GMT0300, the pair is trading at 0.9728, with the USD trading 0.11% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Japan’s economy would return to a moderate recovery: BoJ minutes

Posted on August 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.09% against the JPY and closed at 78.34. The Yen came under pressure after data showed that Japanese economy grew at a slower-than-expected rate in April-June period. In the Asian session, … Continue reading →

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GBP/USD: Pound continues its upward journey

Posted on August 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.06% against the USD and closed at 1.5681. Yesterday, the Bank of England policymaker, Adam Posen, stated that the central bank should go beyond buying government bonds and consider purchasing private … Continue reading →

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