GBP/USD: MPC voted unanimously to keep QE and rates on hold, BoE minutes

Posted on December 19, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.67% against the USD and closed at 1.6385, after the Bank of England (BoE) released its minutes from its December 5th policy meeting. The minutes revealed that that the … Continue reading →

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EUR/USD: Fed to taper $10 billion a month from January

Posted on December 19, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD and closed at 1.3682. Yesterday, the US Dollar advanced after the US Federal Reserve (Fed), in its last monetary policy meeting for this year, announced … Continue reading →

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AUD/USD: Interest rates could fall further, RBA Governor Glenn Stevens

Posted on December 18, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.22% against the USD to close at 0.8922. LME Copper prices declined 0.5% or $39.5/MT to $ 7286.0/MT. Aluminium prices were flat at $1745.5/MT. In his testimony to the … Continue reading →

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USD/CAD: Loonie trading higher ahead of the Fed outcome

Posted on December 18, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD to close at 1.0604. On the macro front, the Statistics Canada reported that the manufacturing shipments in Canada rose 1.0% on a monthly basis … Continue reading →

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USD/CHF: Swiss Franc trading flat in the Asian session

Posted on December 18, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.8850. In the Asian session, at GMT0400, the pair is trading at 0.8850, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/JPY: Japan’s November trade deficit expands 35% on an annual basis

Posted on December 18, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.37% against the JPY and closed at 102.65. The US Dollar came under pressure for a brief period, after the US annual rate of inflation rose less-than-anticipated in … Continue reading →

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GBP/USD: UK inflation records the smallest increase since November 2009

Posted on December 18, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.6275, after the annual rate of inflation in the UK fell to a four-year low in November. The UK National Statistics Office … Continue reading →

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EUR/USD: Germany economic sentiment hits its highest level since April 2006

Posted on December 18, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3769, after economic sentiment in the Euro-zone and Germany, its largest economy surpassed expectations. The ZEW investor confidence survey in Germany climbed … Continue reading →

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AUD/USD: RBA leaves door ajar for further interest rate cut

Posted on December 17, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.15% against the USD to close at 0.8940. LME Copper prices rose 1.5% or $107.0/MT to $ 7325.5/MT. Aluminium prices declined 0.3% or $5.0/MT to $ 1745.5/MT. In economic … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on December 17, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0592. On the economic front, Statistics Canada reported that foreign investments increased by CAD4.41 billion, following revised investments worth CAD8.29 billion … Continue reading →

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USD/JPY: Yen reverses its gains this morning

Posted on December 17, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.38% against the JPY and closed at 102.89. However, the losses were limited after the greenback received a boost from upbeat US manufacturing data in November. In the … Continue reading →

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