USD/JPY: BoJ Governor, Kuroda dismisses the need for additional easing measure

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.41% against the JPY and closed at 104.66. In Japan, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, dismissed the need for an additional monetary easing measure, as according to … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: ILO unemployment rate in the UK fell more than market expectations to 7.1%

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD and closed at 1.6562, after the National Statistics reported that the ILO unemployment rate in the UK declined to 7.1% in the three months to November, more … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: ECB has “very many” instruments to ensure price stability, hints Mario Draghi

Posted on January 23, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.09% against the USD and closed at 1.3545, amid a lack of major economic release in the Euro-zone. Adding to the Euro’s fall were comments from Benoit Coeure, Executive Board member … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Consumer inflation in Australia surpassed market expectations for the fourth quarter

Posted on January 22, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.8802. LME Copper prices declined 0.1% or $8.0/MT to $7332.0/MT. Aluminium prices fell 1.4% or $25.0/MT to $1742.5/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading marginally higher ahead of BoC interest rate decision

Posted on January 22, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0971. In economic news, the Statistics Canada reported that the nation’s manufacturing shipments rose 1.0% (MoM) in November, more than market … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading marginally higher in the Asian trading hours

Posted on January 22, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9107. In Switzerland, an official report showed that the M3 money supply in the nation rose 7.6% (YoY) in December, following … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: BoJ keeps its interest rate unchanged at a record-low 0.1% at its January policy meeting

Posted on January 22, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 104.24. In the Asian session, at GMT0400, the pair is trading at 104.21, with the USD trading slightly lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK economy to grow 2.4% in 2014, projects IMF

Posted on January 22, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.29% against the USD and closed at 1.6474, after the International Monetary Fund (IMF) endorsed the Bank of England (BoE)’s accommodative monetary policy and projected the Britain economy to … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: “Euro-zone turning a corner from recession to recovery”, says IMF

Posted on January 22, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.09% against the USD and closed at 1.3558, as risk-appetite among investors increased after the International Monetary Fund (IMF) raised its global growth outlook to 3.7% this year, 0.1% … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie extends its gains in the Asian trading hours

Posted on January 21, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.8804, supported by an upbeat rise in its largest trading partner, China’s, annual gross domestic product (GDP) data for the fourth quarter. … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie converging with its MA’s

Posted on January 21, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.0955, on a relatively quiet trading day, with the US markets closed for the Martin Luther King holiday. In the Asian … Continue reading →

Posted in USD/CAD | Comments Off