AUD/USD: RBA keeps its interest rate unchanged at 2.5%

Posted on November 5, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 0.9513. In economic news, the Australian Industry Group reported that the performance of service index in the nation advanced to a reading … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower in the morning session

Posted on November 5, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0423. The Canadian Dollar gave up ground against its US counterpart after crude oil, the nation’s biggest export, traded at almost … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower with focus on Swiss consumer inflation data

Posted on November 5, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9100, as Fed policymakers’ indication for a support to continuing stimulus measures triggered a sell-off in the US Dollar. In the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading higher ahead of BoJ Governor, Kuroda’s speech

Posted on November 5, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 98.64, after two of the Fed’s top officials hinted that the central bank might continue the pace of its stimulus measures … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK construction output in October accelerated at the fastest pace in six years

Posted on November 5, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5971 as upbeat UK construction PMI bolstered investors’ confidence in the recovery of the Britain economy. The report showed that the UK’s … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Fed policymakers highlights the possibility for a prolonged stimulus measure

Posted on November 5, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.18% against the USD and closed at 1.3516, as risk-appetite among investors increased after data showed that the Sentix investor confidence in the Euro-zone economy surged to a level … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s retail sales surpassed market estimates for September

Posted on November 4, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.26% against the USD to close at 0.9438, despite a string of positive data points released in Australia. The US Dollar regained lost ground against the Aussie after the ISM manufacturing PMI in … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Traders look for global cues amid lack of economic data in Canada

Posted on November 4, 2013 by GCI Financial

USDCAD Movement On Friday, the USD declined marginally against the CAD to close at 1.0429. The Canadian Dollar extended its gains against the greenback, buoyed by a report, released on Thursday, that showed growth in the Canadian economy accelerated more … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: SVME – PMI unexpectedly declined in October

Posted on November 4, 2013 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.57% against the CHF and closed at 0.9126. The Swiss Franc declined against its US counterpart after a report from Switzerland revealed that the SVME – purchasing managers’ index in the nation fell … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading tad lower in a holiday thin trade

Posted on November 4, 2013 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.43% against the JPY and closed at 98.76, buoyed by strong domestic ISM manufacturing PMI data and amid speculation that a strong recovery in the US labour market might lead the Fed to … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK Markit manufacturing PMI marginally lower than expectations

Posted on November 4, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.73% against the USD and closed at 1.5927. The US Dollar gained ground against the UK Pound following upbeat US ISM manufacturing PMI data and after two Fed officials indicated that an improvement in … Continue reading →

Posted in GBP/USD | Comments Off