AUD/USD: Aussie extends its losses in the Asian session

Posted on January 30, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.43% against the USD to close at 0.8747. LME Copper prices declined 0.1% or $6.0/MT to $7209.0/MT. Aluminium prices declined 0.2% or $3.5/MT to $1709.5/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Greenback rose on Fed’s decision to further taper asset purchases

Posted on January 30, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD to close at 1.1183, after the Federal Reserve officials unanimously agreed to cut further the stimulus program to $65 billion. The central bank left … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc rose on upbeat Swiss UBS consumption indicator, trading lower this morning

Posted on January 30, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.51% against the CHF and closed at 0.8951. The Swiss France strengthened, after UBS figures showed that the Swiss consumption indicator rose to a reading of 1.81 in … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading between its MA’s

Posted on January 30, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.93% against the JPY and closed at 102.29. In the Asian session, at GMT0400, the pair is trading at 102.49, with the USD trading 0.2% higher from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound fell on BoE Chief’s comments and Fed decision to further trim its stimulus, trading tad higher this morning

Posted on January 30, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.06% against the USD and closed at 1.6558, after the Bank of England (BoE) Governor, Mark Carney, reiterated that the UK economic recovery has still a long way to … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Fed announced further reduction in its bond purchases

Posted on January 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3657. Yesterday, the Federal Reserve policymakers unanimously voted to further cut the stimulus measures. The central bank announced another $10 billion reduction … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Growth rate of Westpac’s leading index slowed in December

Posted on January 29, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.61% against the USD to close at 0.8785. LME Copper prices declined 0.3% or $20.0/MT to $ 7215.0/MT. Aluminium prices rose 0.1% or $2.0/MT to $ 1713.0/MT. In the … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading tad higher in the Asian session

Posted on January 29, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.1146. The US Dollar edged higher after inspiring US consumer confidence data released yesterday. However, a separate report indicated that the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading above its MA’s

Posted on January 29, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.8996. In the Asian session, at GMT0400, the pair is trading at 0.9005, with the USD trading 0.10% higher from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen reverses its losses in the Asian session

Posted on January 29, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.58% against the JPY and closed at 103.26, despite an unexpected slump in US durable goods orders in December. The greenback extended its profits after the consumer confidence … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK GDP grows 0.7% in fourth quarter

Posted on January 29, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.6568. Economic data released yesterday indicated that the UK economy expanded less-than-expected in the fourth quarter. The UK Office for National Statistics … Continue reading →

Posted in GBP/USD | Comments Off