USD/CHF: Swiss Franc trading lower ahead of SNB’s monthly statistical bulletin report

Posted on January 21, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9110. In the Asian session, at GMT0400, the pair is trading at 0.9121, with the USD trading 0.12% higher from yesterday’s … Continue reading →

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USD/JPY: Yen trading lower in the Asian session

Posted on January 21, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the JPY, in a holiday-thin trading session, and closed at previous day’s closing price of 104.25. In the Asian session, at GMT0400, the pair … Continue reading →

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GBP/USD: Pound pares its gains in the morning session

Posted on January 21, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally rose against the USD and closed at 1.6426, buoyed by Britain’s house prices, which rose at the fastest pace since November 2007. However, the UK Pound gave up ground … Continue reading →

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EUR/USD: “Euro-zone economy to grow 1% or more in 2014”, says ECB’s Ewald Nowotny

Posted on January 21, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD and closed at 1.3546, in a thin-holiday trade. The Euro also found some support from comments of Ewald Nowotny, Governor of Austria’s Central Bank and … Continue reading →

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AUD/USD: Aussie reverses its decline in the Asian session

Posted on January 20, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.52% against the USD to close at 0.8774. Yesterday, the University of Melbourne reported that the TD securities inflation gauge in Australia rose 0.7% (MoM) in December, following 0.2% rise in the previous … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on January 20, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.35% against the CAD to close at 1.0972. In the Asian session, at GMT0400, the pair is trading at 1.0952, with the USD trading 0.18% lower from yesterday’s close. The pair is expected … Continue reading →

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USD/CHF: Swiss producer and import prices fall as expected

Posted on January 20, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.75% against the CHF and closed at 0.9119. In economic news, the Swiss Federal Statistical Office reported that the producer and import prices in Switzerland remained flat on a monthly basis in December, … Continue reading →

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USD/JPY: Yen trading higher this morning

Posted on January 20, 2014 by GCI Financial

USDJPY Movement On Friday, the USD marginally rose against the JPY and closed at 104.31, following mixed data from the US. The industrial production in the US rose for the fifth time in December, while the manufacturing production and capacity … Continue reading →

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GBP/USD: UK retail sales soar in December

Posted on January 20, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.38% against the USD and closed at 1.6409, after data revealed that the retail sales in the UK increased at the fastest monthly pace since June 2008. According to the Office for National Statistics, … Continue reading →

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EUR/USD: Euro reverses its decline this morning

Posted on January 20, 2014 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.67% against the USD and closed at 1.3525. The release of the uninspiring construction output data from the Euro-zone weighed on the common currency. According to the Eurostat, construction output in the Euro-zone dropped … Continue reading →

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EUR/USD: ECB monthly report indicates accommodative policy stance to continue

Posted on January 17, 2014 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.3616. Yesterday, official data confirmed that the inflation in the Euro-zone slowed in December, in-line with analysts’ expectations. According to a report by Eurostat, … Continue reading →

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