GBP/USD: Pound extends its gains in the Asian trading hours

Posted on December 2, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.13% against the USD and closed at 1.6361, as investors continued to cheer the Bank of England’s (BoE) decision to head off the risk of a housing bubble in Britain, on Thursday. Meanwhile, on … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s CPI surpassed expectations for November, unemployment rate unexpectedly ticked down in October

Posted on December 2, 2013 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.13% against the USD and closed at 1.3586, as risk-appetite among investors reduced after the European Central Bank (ECB) warned the government of the Euro-zone periphery nations about the dangers of “market shocks” resulting … Continue reading →

Posted in EUR/USD | Comments Off

USD/CHF: Swiss third quarter GDP surpassed market estimates for the third quarter

Posted on November 29, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9061, amid thin-holiday trade. Meanwhile, the Swiss Franc gained ground against its US counterpart, after an official report confirmed that Switzerland’s gross domestic … Continue reading →

Posted in USD/CHF | Leave a comment

AUD/USD: Aussie pares its losses in the Asian session

Posted on November 29, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.07% against the USD to close at 0.9079. LME Copper prices declined 0.9% or $63.5MT to $6988.0/MT. Aluminium prices fell 1.2% or $20.0/MT to $1701.0/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower, ahead of Canada’s GDP data

Posted on November 29, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0588 in a Thanks-giving holiday trading session. In Canada, an official report revealed that the nation’s current account deficit narrowed to … Continue reading →

Posted in USD/CAD | Comments Off

USD/JPY: Japan’s consumer inflation rose to 1.1% in October

Posted on November 29, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 102.31. In the Asian session, at GMT0400, the pair is trading at 102.36, with the USD trading marginally higher from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: BoE to end incentives for mortgage lending to curb a housing bubble risk

Posted on November 29, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.36%, for the third day against the USD and closed at 1.6341, after the Bank of England (BoE) stated that its Funding for Lending Scheme (FLS) would cease to … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Consumer confidence in the Euro-zone unexpectedly surged in November

Posted on November 29, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.23% against the USD and closed at 1.3604, as risk-appetite among investors increased after the European Commission reported that consumer confidence in the Euro-zone unexpectedly surged to a reading … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s private sector expenditure unexpectedly rose in the third quarter

Posted on November 28, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 0.9082. The US Dollar gained traction, after the latest batch of upbeat economic releases from the US shifted speculations to an earlier-than-expected … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie higher this morning

Posted on November 28, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.0594, following upbeat jobless claims and consumer confidence data released in the US yesterday. Meanwhile, decline in crude oil prices, Canada’s … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher in the Asian trading hours

Posted on November 28, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9084. On the economic front, the Swiss UBS consumption indicator for October retreated to 1.28 from a reading of 1.56 reported … Continue reading →

Posted in USD/CHF | Comments Off