USD/CHF: Swiss France trading above its MA’s

Posted on October 29, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.8957, as investors cheered an upbeat US industrial production data for September. In the Asian session, at GMT0400, the pair is … Continue reading →

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USD/JPY: Yen trading higher ahead of domestic industrial production data

Posted on October 29, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 97.65. In the Asian session, at GMT0400, the pair is trading at 97.57, with the USD trading 0.08% lower from yesterday’s … Continue reading →

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GBP/USD: Pound extends its losses in the Asian session

Posted on October 29, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.6140. The US Dollar advanced against the UK Pound after a report revealed that industrial production in the US rose more-than-expected in … Continue reading →

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AUD/USD: Aussie trading higher, with RBA Governor’s speech in focus

Posted on October 28, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.37% against the USD to close at 0.9583. LME Copper prices declined 0.5% or $34.0/MT to $7126.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1807.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

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USD/CAD: Loonie trading higher amid lack of domestic economic releases

Posted on October 28, 2013 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.30% against the CAD to close at 1.0451. In the Asian session, at GMT0400, the pair is trading at 1.0437, with the USD trading 0.13% lower from Friday’s close. The pair is expected … Continue reading →

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

Posted on October 28, 2013 by GCI Financial

USDCHF Movement On Friday, the USD rose marginally against the CHF and closed at 0.8927. In the Asian session, at GMT0400, the pair is trading at 0.8932, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: BoJ committed to its unprecedented monetary easing, says Deputy Governor, Kikuo Iwata

Posted on October 28, 2013 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.06% against the JPY and closed at 97.35. In the Asian session, at GMT0400, the pair is trading at 97.60, with the USD trading 0.25% higher from Friday’s close. The Japanese Yen gave … Continue reading →

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GBP/USD: UK GDP rose in line with market expectations for the third quarter

Posted on October 28, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.15% against the USD and closed at 1.6174. Investors favoured the US Dollar after a report revealed that the durable goods orders in the US rose more-than-expected in the month of September, adding to … Continue reading →

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EUR/USD: Euro trading tad higher ahead of German retail sales data

Posted on October 28, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose marginally against the USD and closed at 1.3807. However, gains in the Euro were capped after a report showed that the IFO – current assessment of the German economy edged down to a reading … Continue reading →

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AUD/USD: Depreciation in the Aussie to help domestic growth, says RBA Deputy Governor

Posted on October 25, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 0.9619, after Reserve Bank of Australia (RBA) Deputy Governor, Philip Lowe, expressed confidence in the central bank’s easing cycle, stating that the … Continue reading →

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USD/CAD: Loonie declined amid concerns over BoC’s interest rate stance, snaps losses in the morning session

Posted on October 25, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD to close at 1.0420. The Canadian Dollar continued to face pressure after the Bank of Canada on Wednesday lowered its growth forecast for the … Continue reading →

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