USD/CHF: Swiss leading indicator improves in December, while the SVME manufacturing PMI registers a fall

Posted on January 6, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.56% against the CHF and closed at 0.9043, after two of the top Fed officials highlighted the possibility for a further reduction in the size of the central bank’s stimulus package in the … Continue reading →

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USD/JPY: Yen extends its gains in the morning session

Posted on January 6, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.36% against the JPY and closed at 104.47, in a thin-holiday trading session. In the Asian session, at GMT0400, the pair is trading at 104.37, with the USD trading 0.09% lower from Friday’s … Continue reading →

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GBP/USD: UK’s December construction PMI inched lower from a six-year high

Posted on January 6, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.13% against the USD and closed at 1.6427. The greenback advanced against its UK counterpart after two eminent Fed policy-makers supported further tapering in the pace of central bank’s stimulus measure in the near … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s consumer inflation data

Posted on January 6, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR declined 0.45% against the USD and closed at 1.3603. The US Dollar gained ground against the Euro after two of key Fed policy-makers highlighted the possibility for a further slow-down in the pace of … Continue reading →

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

Posted on January 3, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 0.8906, recovering from earlier losses due to weak manufacturing PMI report from China, Australia’s largest trading partner. LME Copper prices rose 0.6% … Continue reading →

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USD/CAD: Loonie pares its losses in the morning session

Posted on January 3, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.0670, as the latest batch of strong US economic releases spurred demand for the US Dollar. A decline in the prices … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher ahead of key economic releases from Switzerland

Posted on January 3, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.89% against the CHF and closed at 0.8995, after upbeat US manufacturing PMI data fuelled fresh speculation for a further winding-down in the pace of Fed’s stimulus measures. … Continue reading →

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

Posted on January 3, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.45% against the JPY and closed at 104.86. In the Asian session, at GMT0400, the pair is trading at 104.26, with the USD trading 0.57% lower from yesterday’s … Continue reading →

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GBP/USD: UK’s Markit manufacturing PMI fell more than market expectations for December

Posted on January 3, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.77% against the USD and closed at 1.6449, as risk-appetite among investors reduced after Markit Economics reported that UK’s manufacturing PMI declined to a level of 57.3 in December, … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI advanced to a 31-month high in December

Posted on January 3, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.73% against the USD and closed at 1.3665, amid a broad strength in the greenback. However, losses in the Euro-zone’s single currency were capped after Markit Economics reported that … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on January 2, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.0647. The US Dollar continued its upward trend yesterday, as data released on Tuesday indicated that the US consumer confidence bounced … Continue reading →

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