GBP/USD: No plans to vote for more QE, says BoE’s Paul Fisher

Posted on November 15, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.06% against the USD and closed at 1.6054, buoyed by the Bank of England (BoE) policymaker, Paul Fisher’s comments that he had no plans to renew his call for … Continue reading →

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EUR/USD: Euro-zone might face a prolonged period of low inflation, indicates ECB’s monthly report

Posted on November 15, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.28% against the USD and closed at 1.3446, after the European Central Bank (ECB), in its monthly report, highlighted its willingness to continue with the current accommodative monetary policy … Continue reading →

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AUD/USD: Aussie pares its gains in the Asian trading hours

Posted on November 14, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.66% against the USD to close at 0.9363, amid a broad decline in the USD. LME Copper prices declined 1.4% or $102.5/MT to $7021.5/MT. Aluminium prices fell 0.5% or … Continue reading →

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USD/CAD: Loonie trading lower ahead of BoC review

Posted on November 14, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD to close at 1.0451. In the Asian session, at GMT0400, the pair is trading at 1.0473, with the USD trading 0.21% higher from yesterday’s … Continue reading →

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

Posted on November 14, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9140, after the Fed Vice Chair and Barack Obama’s nominated candidate to head the Fed, Janet Yellen said that the recovery … Continue reading →

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USD/JPY: Downside risks to Japan’s recovery more than offset the upside risks, indicated BoJ’s Miyao

Posted on November 14, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.33% against the JPY and closed at 99.24, spooked by Fed Vice Chairman, Janet Yellen’s remarks that the US economy is performing far below its potential and that … Continue reading →

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GBP/USD: BoE now expects the UK economy to grow at a faster pace in 2013 and 2014

Posted on November 14, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.97% against the USD and closed at 1.6044, after the Bank of England (BoE) Governor, Mark Carney, stated that economic recovery in Britain has “finally taken hold”, adding that … Continue reading →

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EUR/USD: US economy and labour market performing far short of their potential, says Fed’s Janet Yellen

Posted on November 14, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.35% against the USD and closed at 1.3485. The US Dollar came under pressure as traders refrained from taking major bets ahead of the Senate Banking Committee’s confirmation hearing … Continue reading →

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AUD/USD: Aussie trading flat in the morning session

Posted on November 13, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.64% against the USD to close at 0.9304, as investors’ confidence in the Aussie was hurt by a decline in the National Australia Bank’s business confidence data for October. … Continue reading →

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USD/CAD: Loonie pares its losses in the Asian trading hours

Posted on November 13, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.0494. In the Asian session, at GMT0400, the pair is trading at 1.0486, with the USD trading 0.08% lower from yesterday’s … Continue reading →

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

Posted on November 13, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9174, after two of the top Fed policy-makers expressed their reservations about an early tapering of the central bank’s stimulus measure. … Continue reading →

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