EUR/USD: Traders await Euro-zone’s GDP data

Posted on December 4, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.3592, after an official data reported that the unemployment in Spain unexpectedly eased by 2,475 in November, as compared to a rise … Continue reading →

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AUD/USD: RBA keeps rates on hold

Posted on December 3, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.07% against the USD to close at 0.9117. LME Copper prices declined 0.3% or $18.5/MT to $7008.5/MT. Aluminium prices declined 0.7% or $11.5/MT to $1699.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie extends its decline in the Asian session

Posted on December 3, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.0646, as an unexpected rise in the US ISM manufacturing PMI for November, bolstered speculations that the Fed might slow its … Continue reading →

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USD/CHF: Swiss SVME manufacturing PMI surpassed analysts’ expectations for November

Posted on December 3, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9089, after a report showed that manufacturing activities in the US unexpectedly accelerated in November at the fastest pace since April … Continue reading →

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USD/JPY: Yen trading lower in the morning session

Posted on December 3, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.43% against the JPY and closed at 102.95, after the Institute for Supply Management reported that its PMI on the US manufacturing sector rose above market estimates to … Continue reading →

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GBP/USD: UK manufacturing PMI expanded at its fastest pace since February 2011

Posted on December 3, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.6360, despite data revealing that the manufacturing activity in the region rose to 58.4 in November, from a revised reading of 56.5 … Continue reading →

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

Posted on December 3, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.3543, as the latest batch of mixed manufacturing data from Euro-zone’s periphery nations fuelled fresh concerns on the economic recovery of the … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on December 2, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.32% against the USD to close at 0.9108. LME Copper prices rose 0.6% or $39.0/MT to $7027.0/MT. Aluminium prices advanced 0.6% or $10.0/MT to $1711.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Canada’s third quarter GDP rose more than market expectations

Posted on December 2, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.24% against the CAD to close at 1.0615. In economic news, Canada’s annualized gross domestic product (GDP) rose 2.7% (QoQ) in the third quarter, more than analysts’ call for a 2.5% rise and … Continue reading →

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USD/CHF: KOF Swiss leading indicator failed to meet market expectations for November

Posted on December 2, 2013 by GCI Financial

USDCHF Movement On Friday, the USD rose marginally against the CHF and closed at 0.9065. The Swiss Franc gave up ground against its US counterpart, after Switzerland’s KOF leading indicator advanced to a reading of 1.85 in November, failing to … Continue reading →

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USD/JPY: BoJ “ready to adjust monetary policy without hesitation”, says Governor, Haruhiko Kuroda

Posted on December 2, 2013 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.16% against the JPY and closed at 102.47. In the Asian session, at GMT0400, the pair is trading at 102.35, with the USD trading 0.11% lower from Friday’s close. Early morning, the Bank … Continue reading →

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