USD/CHF: Swiss Franc steady in the Asian session

Posted on December 11, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.8873, 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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USD/JPY: Yen extends its gains in the morning session

Posted on December 11, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.47% against the JPY and closed at 102.80. In economic news, a report showed that Japan’s machine tools orders rose 15.4% (YoY) in November, compared to an 8.4% … Continue reading →

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GBP/USD: NIESR UK GDP estimate rose 0.8% in the three months to November

Posted on December 11, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.6457, after the National Institute of Economic and Social Research (NIESR) estimated the UK economy to have grown 0.8% in the three … Continue reading →

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EUR/USD: ECB Chief, Mario Draghi calls for banking union

Posted on December 11, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3764, after the European Central Bank (ECB) President, Mario Draghi, eased concerns over threats of low inflation in the Euro-zone economy, by … Continue reading →

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AUD/USD: Aussie pares its losses in the Asian trading hours

Posted on December 10, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.16% against the USD to close at 0.9091. The US Dollar advanced against the Aussie after three of the top Fed policymakers, suggested the central bank to scale back … Continue reading →

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USD/CAD: Loonie trading tad higher in the Asian session

Posted on December 10, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.0638. However, earlier in the trading session, the Canadian loonie gave up ground against the US Dollar after data showed that, … Continue reading →

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USD/CHF: Switzerland’s unemployment rate stood pat in November

Posted on December 10, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.8903. In Switzerland, on a seasonally adjusted basis, the nation’s unemployment rate for November stood at previous month’s level of 3.2%, … Continue reading →

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USD/JPY: Consumer confidence in Japan rose less than market expectations for November

Posted on December 10, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 103.26, after three eminent Fed policymakers expressed their support for the central bank to slow down the pace of its stimulus … Continue reading →

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GBP/USD: BoE Governor, Mark Carney sees positive signs in UK recovery

Posted on December 10, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.59% against the USD and closed at 1.6423, after the Bank of England (BoE) Governor, Mark Carney, in a speech in New York, stated that UK economic news “has … Continue reading →

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EUR/USD: Euro trading higher ahead of ECB President, Mario Draghi’s speech

Posted on December 10, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.3738. However, Euro’s gains against the greenback were capped after three of the top Fed officials expressed their support for a Fed-QE-taper … Continue reading →

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AUD/USD: RBA Governor warns against over-confidence in handling an economic backdrop

Posted on December 9, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.36% against the USD to close at 0.9098. During the weekend, the Reserve Bank of Australia (RBA) Governor, Glenn Stevens, in a press conference, suggested that the nation must guard itself against becoming … Continue reading →

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