USD/CAD: Loonie trading tad higher ahead of BoC’s interest rate decision

Posted on October 23, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0293, as weak employment data from the US dimmed prospects for a near term tapering of asset buying by the US … Continue reading →

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USD/CHF: Switzerland’s trade surplus surpasses market expectations for September

Posted on October 23, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.84% against the CHF and closed at 0.8951, following the release of a weak US employment data. Separately, the Swiss Franc received support from an official data that … Continue reading →

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USD/JPY: Yen trading higher amid lack of major domestic economic releases

Posted on October 23, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 98.15, as a dismal US employment report strengthened the prospect for the Fed to continue with its asset purchase programme for … Continue reading →

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GBP/USD: UK economic recovery gaining traction, says BoE Deputy Governor, Charlie Bean

Posted on October 23, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.62% against the USD and closed at 1.6231. The greenback buckle against the Pound, as lacklustre US employment data fuelled fresh speculation that the Fed might continue with its … Continue reading →

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EUR/USD: Greenback extends its fall on a dismal US employment data

Posted on October 23, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.78% against the USD and closed at 1.3779, following a successful bond auction in Spain that provided hints that foreign investors did not perceived any kind of acute, immediate … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on October 22, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.08% against the USD to close at 0.9653. LME Copper prices declined 0.2% or $16.0/MT to $7225.5/MT. Aluminium prices fell 0.1% or $1.0/MT to $1807.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Canada’s retail sales data in focus

Posted on October 22, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.0311. The Canadian Dollar gave up ground against the USD, amid speculation that the Bank of Canada (BoC), in its monetary … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of domestic trade balance data

Posted on October 22, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9026. In economic news, Swiss M3 money supply rose 9.7% annually in September, following a rise of 10.5% recorded in the … Continue reading →

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USD/JPY: Yen trading lower amid lack of domestic economic data

Posted on October 22, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 98.20. In economic news, a report from Japan showed that all industry activity in the nation rose 0.3% (MoM) in August, … Continue reading →

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

Posted on October 22, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.6133. However, the greenback’s gains against the Pound was kept in check after Chicago Fed President, Charles Evans, hinted that the Fed … Continue reading →

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EUR/USD: Greenback trading tad higher ahead of employment data from the US

Posted on October 22, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.07% against the USD and closed at 1.3672, as traders refrained from taking riskier bets amid lack of economic data from the Euro-zone. In economic news, a report revealed … Continue reading →

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