EUR/USD: Euro trading lower ahead of domestic manufacturing PMI and investors’ confidence data

Posted on November 4, 2013 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.65% against the USD and closed at 1.3492, amid lingering speculation that the latest batch of lacklustre economic data from the Euro-zone might compel the European Central Bank (ECB) to initiate more easing measures. … Continue reading →

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AUD/USD: Aussie snaps losses in the Asian trading hours

Posted on November 1, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9464. Late Thursday, the Australian Industry Group reported that the performance of manufacturing index in Australia advanced to a reading of 53.2 … Continue reading →

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USD/CAD: Canada’s GDP rose more than expected in August

Posted on November 1, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.0432. The Canadian Dollar advanced against the US Dollar after an official report revealed that the Canada’s Gross Domestic Product (GDP) … Continue reading →

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USD/CHF: Swiss Franc trading tad lower in the morning session

Posted on November 1, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CHF and closed at 0.9075. In the Asian session, at GMT0400, the pair is trading at 0.9078, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: BoJ Governor reveals three board members’ dissent in achieving 2% inflation target

Posted on November 1, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.12% against the JPY and closed at 98.35. The Japanese Yen gained ground against its US counterpart after the Bank of Japan (BoJ) upgraded its economic outlook for … Continue reading →

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GBP/USD: Pound pares its gains in the Asian session

Posted on November 1, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6044, after data showed that, on a non-seasonally adjusted basis, UK’s nationwide housing prices rose 5.8% (YoY) in October, more than analysts’ … Continue reading →

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EUR/USD: Euro-zone consumer inflation fell to a four-year low in October

Posted on November 1, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 1.04% against the USD and closed at 1.3580, after the latest batch of dismal economic releases in the Euro-zone, spurred fresh speculation that the European Central Bank (ECB) would … Continue reading →

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AUD/USD: Aussie pares losses in the morning session

Posted on October 31, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 0.9466. LME Copper prices rose 0.8% or $60.0/MT to $7275.5/MT. Aluminium prices declined 0.3% or $5.5/MT to $1843.5/MT. In the Asian session, at GMT0400, … Continue reading →

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USD/CAD: Loonie trading tad lower, with Canada’s GDP data in focus

Posted on October 31, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.0482. In the Asian session, at GMT0400, the pair is trading at 1.0484, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc continues to trade lower

Posted on October 31, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9004. In economic news, the KOF leading indicator in Switzerland rose to a reading of 1.72 in October, surpassing analysts’ expectation … Continue reading →

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USD/JPY: BoJ keeps its interest rate unchanged at 0.1%

Posted on October 31, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 98.47. In Japan, a report showed that the Nomura/ JMMA manufacturing PMI rose to a level of 54.2 in October, following … Continue reading →

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