AUD/USD: Australia’s trade deficit widened more than analysts’ expectations for October

Posted on December 5, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.08% against the USD to close at 0.9033, after a weaker-than-expected third quarter economic growth in Australia weighed heavily on the domestic currency, highlighting that the country is still … Continue reading →

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USD/CAD: “Downside risks to inflation appears to be greater”, says BoC Chief, Stephen Poloz

Posted on December 5, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.0679. The Canadian Dollar gave up ground against the US Dollar as fresh speculation for an interest-rate-cut spurred after the Bank … Continue reading →

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USD/CHF: Swiss industrial production witnesses a rebound in Q3

Posted on December 5, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9025. The Franc received support after on official data revealed that the Swiss industrial production climbed 0.7% in the third quarter, … Continue reading →

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USD/JPY: Yen trading higher in the Asian session

Posted on December 5, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.38, after the ADP’s national employment report, private payrolls added 215,000 jobs in November, beating expectations of 170,000 new jobs and … Continue reading →

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GBP/USD: UK’s service sector activity data disappoints investors

Posted on December 5, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.6378, after the UK services PMI fell to a reading of 60.0 in November, compared to 62.5 the preceding month, the highest … Continue reading →

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EUR/USD: Euro trading higher ahead of the ECB interest rate decision

Posted on December 5, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR marginally declined against the USD and closed at 1.3585, after mixed Euro-zone service sector data. The service sector activity in Germany rose to a seasonally adjusted 55.7 in November, compared … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on December 4, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9041. In the Asian session, at GMT0400, the pair is trading at 0.9047, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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AUD/USD: Australia’s Q3 GDP disappoints

Posted on December 4, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 0.9132. LME Copper prices declined 0.9% or $63.5/MT to $ 6945.0/MT. Aluminium prices declined 0.3% or $4.5/MT to $ 1695.0/MT. In the … Continue reading →

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USD/CAD: CAD trading tad lower ahead of BoC’s rate announcement

Posted on December 4, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0640. In the Asian session, at GMT0400, the pair is trading at 1.0641, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: BoJ’s Takehiro Sato downplays need for more easing

Posted on December 4, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 102.32. In the Asian session, at GMT0400, the pair is trading at 102.58, with the USD trading 0.26% higher from yesterday’s … Continue reading →

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GBP/USD: UK construction PMI expanded at fastest pace since August 2007

Posted on December 4, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD and closed at 1.6389, after the UK construction activity surged to a level of 62.6 in November, from October’s 59.4. In the Asian session, at … Continue reading →

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