USD/CAD: Loonie trading lower ahead of Canada’s consumer inflation data

Posted on November 22, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.60% against the CAD to close at 1.0521. In the Asian session, at GMT0400, the pair is trading at 1.0545, with the USD trading 0.23% higher from yesterday’s … Continue reading →

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USD/CHF: SNB prepared to take further measures to defend Swiss Franc, says Fritz Zurbruegg

Posted on November 22, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9143. Yesterday, the Swiss National Bank (SNB) Board Member, Fritz Zurbruegg, stated that, the central bank “remains prepared to enforce the … Continue reading →

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USD/JPY: BoJ “would not hesitate” to take further measures to achieve its inflation target, says Kuroda

Posted on November 22, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.04% against the JPY and closed at 101.29. The Japanese Yen gave up ground against the USD, after the Bank of Japan (BoJ) Governor, Haruhiko Kuroda hinted the … Continue reading →

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GBP/USD: UK’s November industrial output rose the most since 1995, indicates CBI survey

Posted on November 22, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.51% against the USD and closed at 1.6180, after the Confederation of British Industry (CBI) reported better-than-expected UK’s industrial output for November, highest level since 1995. According to the … Continue reading →

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EUR/USD: “No news on negative interest rate”, says ECB President

Posted on November 22, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.3472, after the European Central Bank (ECB) President, Mario Draghi cooled off speculations for a negative deposit interest rate in the Euro-zone … Continue reading →

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AUD/USD: Aussie 10% overvalued, indicates IMF

Posted on November 21, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.17% against the USD to close at 0.9331. The US Dollar advanced against the Aussie, after the minutes from the Fed’s latest policy meeting hinted a pull back in … Continue reading →

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USD/CAD: BoC Governor disagrees with OECD’s view for an interest rate hike, says current policies remains appropriate

Posted on November 21, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD ended mostly flat against the CAD to close at 1.0457. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, expressed his disagreement on Organization for Economic Co-operation and Development … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on November 21, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.94% against the CHF and closed at 0.9173, as traders increased their bets in the USD, after the minutes from Fed’s latest policy meeting, highlighted policymakers’ willingness to … Continue reading →

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USD/JPY: BoJ maintains its ultra-loose monetary policy at its November policy meeting

Posted on November 21, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 100.25, after the minutes from the FOMC latest policy meeting highlighted policymakers’ willingness to slow down the pace of its stimulus … Continue reading →

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GBP/USD: MPC not in a hurry to hike interest rate, indicates BoE minutes

Posted on November 21, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.6098, after the minutes from the Bank of England’s (BoE) latest policy meeting revealed that the Monetary Policy Committee (MPC) voted unanimously … Continue reading →

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EUR/USD: Fed could taper its stimulus measure in ‘one of its next few meetings’, indicates FOMC minutes

Posted on November 21, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.99% against the USD and closed at 1.3430. The US Dollar gained ground against the Euro, after the minutes from the Fed’s latest policy meeting hinted that the Federal … Continue reading →

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