USD/JPY: BoJ’s Sayuri Shirai suggests additional stimulus measure, should prices shift downside

Posted on November 28, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.95% against the JPY and closed at 102.21, as the latest batch of upbeat economic releases from the US boosted the demand for the US Dollar. Meanwhile, the … Continue reading →

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GBP/USD: UK’s third quarter GDP rose in-line with market expectations

Posted on November 28, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.6284, after a government report confirmed that the UK’s gross domestic product (GDP) rose 1.5% (YoY) in the third quarter, in line … Continue reading →

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EUR/USD: “Indicators measuring systemic stress in the Euro-zone has fallen back to pre-crisis level”, indicates ECB’s report

Posted on November 28, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3574, as risk sentiment got a lift, amid improving political situation in Germany and Italy. In Germany, Angela Merkel and the centre-left … Continue reading →

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AUD/USD: Australia’s construction work surged 2.7% in the third quarter

Posted on November 27, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.80% against the USD to close at 0.9122. LME Copper prices rose marginally by $3.5/MT to $7071.0/MT. Aluminium prices gained 0.1% or $1.0/MT to $1735.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie continue to trade lower this morning

Posted on November 27, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.0544. The Canadian Dollar gave up ground against its US counterpart after prices of crude oil, Canada’s biggest export, declined yesterday. … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of the release of UBS consumption indicator

Posted on November 27, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9070, as a lacklustre US consumer confidence report spooked investors’ confidence in the US Dollar. In the Asian session, at GMT0400, … Continue reading →

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USD/JPY: Yen trading lower in the Asian session

Posted on November 27, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 101.26, after a report showed that consumer confidence in the US economy unexpectedly declined in the month of November. In Japan, … Continue reading →

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GBP/USD: Officials not in hurry to hike interest rates, hints BoE Chief

Posted on November 27, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.6209. However, the gains were capped after the Bank of England (BoE) Chief, Mark Carney, appearing before the Commons Treasury Committee, citied … Continue reading →

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EUR/USD: Euro important to China’s reserve management, says PBoC Governor

Posted on November 27, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.25% against the USD and closed at 1.3567. The US Dollar gave up ground against the Euro, after an official report revealed that consumer confidence index in the US … Continue reading →

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AUD/USD: RBA could intervene currency markets but the threshold for intervention remains high, hints Deputy Governor, Philip Lowe

Posted on November 26, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.9196. LME Copper prices rose marginally by $2.0/MT to $7067.5/MT. Aluminium prices declined 0.7% or $13.0/MT to $1734.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie pares its gains in the Asian session

Posted on November 26, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0525. In the Asian session, at GMT0400, the pair is trading at 1.0534, with the USD trading 0.09% higher from yesterday’s … Continue reading →

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