GBP/USD: British Pound extends its gains this morning

Posted on December 24, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6349. The British Pound found support yesterday, after the Bank of England (BoE) Deputy Governor, Andrew Bailey stated that the central bank … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on December 24, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.10% against the USD to close at 0.8931. LME Copper prices declined 0.2% or $13.5/MT to $ 7251.0/MT. Aluminium prices declined 1.2% or $21.0/MT to $ 1718.0/MT. In the … Continue reading →

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USD/CAD: Canadian GDP beats estimates in October

Posted on December 24, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.0616. The Canadian Dollar traded broadly higher yesterday, after data indicated that the Canadian economy grew 0.3% in October, the fourth … Continue reading →

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USD/CHF: Swiss UBS Consumption Indicator improves in November

Posted on December 24, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.8937. The Swiss Franc gained momentum after data indicated that the consumption indicator in Switzerland rose to a level of 1.43 … Continue reading →

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USD/JPY: Japan’s economy is recovering moderately, indicates BoJ

Posted on December 24, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.14% against the JPY and closed at 104.18, as positive data from the US indicated that the US economic recovery is continuing to gain traction. In the Asian … Continue reading →

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EUR/USD: Tapering was right decision, says Fed’s Lacker

Posted on December 24, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3698. On the macro front, the import price index in Germany rose 0.1% on a monthly basis in November, compared to a … Continue reading →

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

Posted on December 23, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.68% against the USD to close at 0.8922. LME Copper prices rose 0.6% or $46.0/MT to $7264.5/MT. Aluminium prices rose 0.2% or $3.5/MT to $ 1739.0/MT. In the Asian session, at GMT0400, the … Continue reading →

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USD/CAD: Loonie trading higher ahead of domestic GDP data

Posted on December 23, 2013 by GCI Financial

USDCAD Movement On Friday, the USD marginally declined against the CAD to close at 1.0672. However, the US Dollar capped its losses, following a report that showed the final US gross domestic product (GDP) unexpectedly accelerated in the third quarter. … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower this morning

Posted on December 23, 2013 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.28% against the CHF and closed at 0.8957. In the Asian session, at GMT0400, the pair is trading at 0.8961, with the USD trading tad higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: US economy grew at its fastest pace in two years

Posted on December 23, 2013 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.20% against the JPY and closed at 104.09. Earlier on Friday, the Japanese Yen came under pressure, following the Bank of Japan’s decision of maintaining status quo on its policy stance while reinforcing … Continue reading →

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GBP/USD: S&P affirms UK’s ‘AAA’ rating, but warns of risks

Posted on December 23, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.10% against the USD and closed at 1.6349. However, the British Pound was supported for a brief period after an official data revealed that the annual gross domestic product (GDP) in UK surged 1.9% … Continue reading →

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