EUR/USD: Fed Dudley optimistic on US recovery; Plosser suggest capping of Fed’s stimulus measure

Posted on November 19, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.3503. The US Dollar extended its previous session’s losses, as investors continued to fret over incoming Fed Chief, Janet Yellen’s dovish comments … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading higher in the Asian session

Posted on November 18, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.56% against the USD to close at 0.9360. LME Copper prices rose 0.4% or $28.5/MT to $6967.5/MT. Aluminium prices declined 0.1% or $2.5/MT to $1738.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s September manufacturing sales climbed to the highest level since June 2012

Posted on November 18, 2013 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.17% against the CAD to close at 1.0452. The Canadian Dollar advanced after a report showed that manufacturing shipment in Canada rose 0.6% (MoM) in September, more than analysts’ expectation for a 0.5% … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss France trading higher amid lack of economic data from Switzerland

Posted on November 18, 2013 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.28% against the CHF and closed at 0.9155, as the Fed incoming Chief, Janet Yellen’s dovish comments delivered to the Senate Banking Committee on Thursday continue to weigh on the demand for the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan should counter speculative moves in the currency market, says Japan’s Finance Minster

Posted on November 18, 2013 by GCI Financial

USDJPY Movement On Friday, the USD strengthened marginally against the JPY and closed at 100.26. The Japanese Yen declined against its US counterpart after Japan’s Finance Minister, Taro Aso, late Thursday, stated that “Japan must have tools to counter speculative … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: BoE could lower its unemployment threshold, indicates Martin Weale

Posted on November 18, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.34% against the USD and closed at 1.6108, after the Bank of England (BoE) policymaker, Martin Weale, stated that the central bank might consider raising its record-low 0.5% interest rate once unemployment rate in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s CPI rose in line with market expectations for October

Posted on November 18, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.28% against the USD and closed at 1.3483. The US Dollar continued to face pressure from the Fed incoming Chief, Janet Yellen’s dovish comments on the central bank’s ultra-easy monetary policy, delivered before the … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie pares its previous session’s losses

Posted on November 15, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.59% against the USD to close at 0.9308. LME Copper prices fell 1.2% or $82.5/MT to $6939.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1740.5/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Economic recovery does not imply the need for a rate hike, says BoC Deputy Governor

Posted on November 15, 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 1.0470. The Canadian Dollar came under pressure after the Bank of Canada (BoC) Deputy Governor, John Murray, in the central bank’s … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading tad higher in the Asian session

Posted on November 15, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9181. In economic news, the Federal Statistical Office reported that producer and import prices in Switzerland declined 0.4% (MoM) in October, … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading flat amid a lack of economic releases from Japan

Posted on November 15, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.99% against the JPY and closed at 100.22. Earlier on Thursday, Japan’s Ministry of Economy, Trade and Industry reported that industrial production in the nation rose 5.1% (YoY) … Continue reading →

Posted in USD/JPY | Comments Off