EUR/USD: S&P downgrades EU’s ‘AAA’ rating

Posted on December 23, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.12% against the USD and closed at 1.3672, after the consumer sentiment in Germany surged to a six-year high in January. The consumer confidence in Germany rose to a level of 7.6 for January, … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on December 20, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 0.8861. LME Copper prices declined 0.2% or $11.5/MT to $ 7218.5/MT. Aluminium prices declined 0.8% or $14.0/MT to $ 1735.5/MT. Yesterday, the … Continue reading →

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USD/CAD: Loonie trading higher in the Asian session

Posted on December 20, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.0673. The US Dollar lost momentum, after the number of Americans filing new claims for unemployment benefits rose last week to … Continue reading →

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USD/CHF: Switzerland raises 2013 economic forecasts and maintains positive outlook on economy

Posted on December 20, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.8982. According to the Federal Customs Administration, Switzerland’s trade surplus narrowed unexpectedly to CHF2.11 billion in November, compared to a revised … Continue reading →

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USD/JPY: BoJ leaves monetary policy unchanged

Posted on December 20, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 104.30. In the Asian session, at GMT0400, the pair is trading at 104.48, with the USD trading 0.18% higher from yesterday’s … Continue reading →

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GBP/USD: Rapid jobless fall does not invalidate guidance, BoE McCafferty

Posted on December 20, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.6367. Early yesterday, the British Pound came under pressure after the Bank of England (BoE) policy maker, Ian McCafferty implied that interest … Continue reading →

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EUR/USD: Euro extends its losses in the Asian session

Posted on December 20, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.3656. However, losses were capped after data revealed that the current account surplus in the Euro-zone widened to reach the highest level … Continue reading →

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USD/CHF: Swiss ZEW Index surges to its highest level since May 2010 in December

Posted on December 19, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.05% against the CHF and closed at 0.8943. The Centre for European Economic Research reported that the Swiss economic expectations index rose to a level of 39.4 on … Continue reading →

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AUD/USD: Aussie extends its losses this morning

Posted on December 19, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.84% against the USD to close at 0.8844. LME Copper prices declined 0.8% or $56.0/MT to $ 7230.0/MT. Aluminium prices rose 0.2% or $4.0/MT to $ 1749.5/MT. In the … Continue reading →

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USD/CAD: Decline in Loonie would not help struggling exports, Stephen Poloz

Posted on December 19, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CAD to close at 1.0718, after the outcome of the Federal Open Market Committee (FOMC) meeting, wherein the Federal Reserve gave the green signal to … Continue reading →

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USD/JPY: Yen trading higher in the Asian session

Posted on December 19, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.53% against the JPY and closed at 104.21. The US Dollar rose after the Federal Reserve announced that it would slow the rate of its monetary stimulus by … Continue reading →

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