AUD/USD: Aussie trading lower amid lack of domestic economic releases

Posted on October 21, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.55% against the USD to close at 0.9670. LME Copper prices advanced 1.0% or $69.5/MT to $7241.5/MT. Aluminium prices rose 0.7% or $12.5/MT to $1808.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Canada’s consumer price index surpassed market expectations for September

Posted on October 21, 2013 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.07% against the CAD to close at 1.0294. The Canadian Dollar rose against its US counterpart after a report showed that the nation’s consumer price index rose 0.2% (MoM) in September, surpassing analysts’ … Continue reading →

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USD/CHF: Swiss Franc pares its gains in the Asian session

Posted on October 21, 2013 by GCI Financial

USDCHF Movement On Friday, the USD declined 0.09% against the CHF and closed at 0.9024, amid lingering speculation that the Fed might refrain from tapering its $85 billion asset purchase programme at its policy meeting later this month. In the … Continue reading →

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USD/JPY: BoJ Chief, Kuroda confident on achieving 2% inflation target

Posted on October 21, 2013 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.13% against the JPY and closed at 97.88, on bets that the Fed might delay its plans to start tapering its stimulus package until March 2014. Meanwhile, the Bank of Japan (BoJ) Governor, … Continue reading →

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GBP/USD: House prices in the UK rises, indicates Rightmove

Posted on October 21, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.07% against the USD and closed at 1.6160. The US Dollar came under pressure after the Fed policymakers’, on Thursday, hinted that the central bank should not start tapering its $85 billion asset-purchase programme … Continue reading →

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EUR/USD: Greenback gave up ground amid Fed tapering bets, trading tad higher in the Asian hours

Posted on October 21, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.08% against the USD and closed at 1.3679. The US Dollar gave up ground against the Euro amid speculation that the Fed might delay its plans to start tapering its $85 billion asset-purchase programme … Continue reading →

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AUD/USD: Aussie tad higher this morning

Posted on October 18, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.81% against the USD to close at 0.9619. LME Copper prices rose 0.2% or $13.5/MT to $7172.0/MT. Aluminium prices advanced 0.5% or $9.0/MT to $1796.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading higher with focus on domestic consumer inflation data

Posted on October 18, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0302, as Fed’s policymakers’ support for the central bank to continue with its stimulus measures for a longer time, spooked investors … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the Asian session

Posted on October 18, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CHF and closed at 0.9033, after Fed’s policymakers, Charles Evans and Richard Fisher highlighted their support for the central bank to continue with its asset-purchase … Continue reading →

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USD/JPY: Yen trading lower ahead of BoJ Governor’s speech

Posted on October 18, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.97% against the JPY and closed at 98.01, as two of the top Fed officials stated that they would not support the central bank in scaling back its … Continue reading →

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GBP/USD: UK retail sales rose more than analysts’ expectations for September

Posted on October 18, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 1.27% against the USD and closed at 1.6149, as an upbeat rise in the UK retail sales during September bolstered investors’ confidence in the recovery of the Britain economy. … Continue reading →

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