EUR/USD: ECB’s Sabine Lautenschlaeger warns of long term risks to the Euro-zone economy from low-interest rates

Posted on January 14, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally declined against the USD and closed at 1.3670, as traders refrained from taking riskier bets amid a lack of major economic releases from the Euro-zone. In economic news, Sabine … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading higher, following Friday’s surge

Posted on January 13, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 1.05% against the USD to close at 0.8989. The US Dollar gave up ground against its Australian counterpart after a report showed that the US economy added only 74,000 new jobs in December, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s unemployment rate surpassed analysts’ expectations for December

Posted on January 13, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.41% against the CAD to close at 1.0891. The Canadian Dollar declined against the greenback after a report showed that the unemployment rate in Canada unexpectedly rose to 7.2% in December, from the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland unemployment rate remained unchanged at 3.2% in December

Posted on January 13, 2014 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.54% against the CHF and closed at 0.9021, hurt by lacklustre US December non-farms payrolls data. On the economic front, on a seasonally adjusted monthly basis, the unemployment rate in Switzerland remained unchanged … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading higher in a holiday-thin trading session

Posted on January 13, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.79% against the JPY and closed at 104.01, following a surprise drop in the US non-farm payrolls data for December. In the Asian session, at GMT0400, the pair is trading at 103.37, with … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound snaps losses in the Asian session

Posted on January 13, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell marginally against the USD and closed at 1.6474, as traders refrained from taking major bets in the Pound, following the latest batch of downbeat economic releases from the UK economy. Data revealed that industrial … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s GDP declined 0.4% year-on-year in the third quarter of 2013

Posted on January 13, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.49% against the USD and closed at 1.3672. The US Dollar gave up ground against the Euro, after a report revealed that the US economy created 74,000 new jobs in December, significantly lower than … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on January 10, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.10% against the USD to close at 0.8898. LME Copper prices declined 1.2% or $86.0/MT to $7282.0/MT. Aluminium prices fell 1.4% or $23.5/MT to $1713.0/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading steady, with focus on Canada’s unemployment data

Posted on January 10, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.0846. The Canadian Dollar gave up ground against the US Dollar as the latest batch of dismal economic releases from Canada … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher ahead of key unemployment and consumer inflation data

Posted on January 10, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9071, after Kansas City Fed President, Esther George, hinted that possibility for the Fed to keep its benchmark inertest rate too … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading marginally lower in the Asian trading hours

Posted on January 10, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the JPY and closed at 104.85, ahead of the release of key US employment data, due tomorrow. In the Asian session, at GMT0400, the … Continue reading →

Posted in USD/JPY | Comments Off