AUD/USD: Full-time employment in Australia dropped the most in more than a year

Posted on November 7, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.28% against the USD to close at 0.9527. LME Copper prices rose 0.9% or $61.5/MT to $7200.0/MT. Aluminium prices advanced 1.0% or $17.0/MT to $1784.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Canada’s Ivey PMI surpassed analysts’ expectation for October

Posted on November 7, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD to close at 1.0422. The Canadian Dollar gained ground against the US Dollar after a report showed that, on a seasonally adjusted basis, the … Continue reading →

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USD/JPY: Yen snaps its losses in the Asian trading hours

Posted on November 7, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.19% against the JPY and closed at 98.66, ahead of Bank of Japan (BoJ)’s release of a monthly economic survey report, and amid speculations that the BoJ would … Continue reading →

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GBP/USD: UK GDP grew 0.7% during the three months ended October, indicates NIESR

Posted on November 7, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.6084, as the latest batch of upbeat industrial and manufacturing output data, strengthened the recovery prospect of the UK economy. Industrial production … Continue reading →

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EUR/USD: Euro trading tad higher ahead of ECB interest rate decision

Posted on November 7, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3518. In economic news, Markit economic reported that Euro-zone’s service sector PMI fell less-than-expected to a reading of 51.6 in October, from … Continue reading →

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AUD/USD: Australia’s trade deficit narrowed more than analysts’ expectations in September

Posted on November 6, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 0.9500. LME Copper prices declined 0.6% or $41.5/MT to $7138.5/MT. Aluminium prices fell 1.1% or $20.5/MT to $1767.5/MT. In the Asian session, … Continue reading →

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

Posted on November 6, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0453. The Canadian Dollar declined against the US Dollar, as a fall in the price of crude oil, Canada’s biggest export, … Continue reading →

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USD/CHF: Switzerland’s consumer inflation declines more than market expectations for October

Posted on November 6, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CHF and closed at 0.9138. The Swiss Franc gave up ground against its US counterpart after an official report revealed that Switzerland’s consumer price index … Continue reading →

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USD/JPY: Japan’s annual CPI to improve gradually, indicated BoJ minutes

Posted on November 6, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 98.49, after San Francisco Fed President, John Williams suggested that the Fed should continue with its stimulus measures for a longer … Continue reading →

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GBP/USD: Pound trading higher ahead of NIESR GDP estimate

Posted on November 6, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6046 as investors cheered an upbeat growth in the UK’s service sector during October. CIPS/Markit Economics reported that the UK service PMI … Continue reading →

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EUR/USD: European Commission trims its growth forecast on the Euro-zone economy for 2014

Posted on November 6, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.32% against the USD and closed at 1.3472, as investors’ risk appetite declined after the European Commission stated that it is too early to declare a victory in the … Continue reading →

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