USD/JPY: Japanese industrial production rose for the second straight month in October

Posted on December 13, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.02% against the JPY and closed at 103.58, after stronger-than-expected retail sales data in the US continued to drive tapering expectations in the nation. In the Asian session, … Continue reading →

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GBP/USD: British Pound extends its losses in the Asian session

Posted on December 13, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.6339. On the macro front, the Conference Board (CB) indicated that the UK leading economic index increased 0.4% in October, compared to … Continue reading →

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EUR/USD: “Policy to remain accommodative as long as needed”, hints ECB

Posted on December 13, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.26% against the USD and closed at 1.3750, after industrial output in the Euro-zone unexpectedly dropped 1.1% in October, the biggest monthly decline since September 2012 confounding predictions of … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session despite upbeat employment numbers

Posted on December 12, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.09% against the USD to close at 0.9046. LME Copper prices rose 0.1% or $4.0/MT to $7169.5/MT. Aluminium prices rose 0.4% or $6.5/MT to $1769.0/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Loonie steady ahead of BoC Governor, Stephen Poloz’s speech

Posted on December 12, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0593. In the Asian session, at GMT0400, the pair is trading at 1.0593, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower in the Asian session ahead of the SNB policy meeting

Posted on December 12, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8870. In the Asian session, at GMT0400, the pair is trading at 0.8867, with the USD trading slightly lower from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad higher amid lack of economic releases from Japan

Posted on December 12, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 102.55, amid lingering uncertainty over Fed’s pace of stimulus measures. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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GBP/USD: BoE’s Martin Weale disturbed by rising inflation expectations

Posted on December 12, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.6377, after the Bank of England (BoE), policy-maker, Martin Weale warned that inflation in the UK has witnessed a sharp decline. He … Continue reading →

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EUR/USD: ECB’s Vitor Constancio says no shortage of collateral in any Euro-zone country

Posted on December 12, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3786, after the European Central Bank (ECB) Vice-President, Vitor Constancio stated that the Euro-zone banks have plenty of collateral, thereby indicating that … Continue reading →

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AUD/USD: Aussie reverses its direction in the morning session

Posted on December 11, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.62% against the USD to close at 0.9147. In Australia, the Westpac consumer confidence declined 4.8% (MoM) in December, compared to a 1.9% (MoM) rise registered in the preceding month. LME … Continue reading →

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USD/CAD: “High level of house-hold debt a threat to financial stability” says BoC

Posted on December 11, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD to close at 1.0606. The Canadian Dollar gained ground against the US Dollar after price of crude-oil, Canada’s largest exported commodity, climbed to a … Continue reading →

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