EUR/USD: Fed policymakers’ support for a prolonged stimulus measure triggered a fall in the greenback

Posted on October 18, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 1.09% against the USD and closed at 1.3669. The US Dollar gave up ground after two of the Fed’s officials highlighted their support for the central bank to continue … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: NAB’s business confidence rebounds in the third quarter

Posted on October 17, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9543. LME Copper prices declined 0.4% or $27.5/MT to $7158.5/MT. Aluminium prices fell 1.0% or $18.0/MT to $1787.0/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canadian Prime Minister, Stephen Harper to introduce a budget law to bolster the nation’s creditworthiness

Posted on October 17, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CAD to close at 1.0330. The Canadian Dollar advanced against the USD after the Canadian Prime Minister, Stephen Harper pledged to legislate a rule that … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc snaps its losses in the Asian session

Posted on October 17, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9143, as investors cheered the US Senate’s decision to agree on the nation debt ceiling deal and avoid the nation from … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen reverses its direction in the Asian session

Posted on October 17, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.40% against the JPY and closed at 98.96, after the US lawmakers agreed on a debt ceiling deal, needed to reopen the government and save the country from … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Number of workers claiming jobless benefits fell for the tenth straight month in the UK

Posted on October 17, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5946. The US Dollar gained ground after the US Senate agreed to raise the nation’s $16.7 trillion debt ceiling and open the … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s economy subdued and uneven, says ECB Chief

Posted on October 17, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3522. On the economic front, Euro-zone’s consumer price index rose 1.1% (YoY) in September, compared to a 1.3% rise recorded in the … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading lower against its US counterpart in the morning session

Posted on October 16, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.28% against the USD to close at 0.9541, as investors cheered the minutes from the Reserve Bank of Australia’s (RBA) latest policy meeting, which highlighted policymakers’ view that the … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie continues to trade lower against the USD

Posted on October 16, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.0371. In the Asian session, at GMT0300, the pair is trading at 1.0380, with the USD trading 0.09% higher from yesterday’s … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its fall in the morning session

Posted on October 16, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9136. In the Asian session, at GMT0300, the pair is trading at 0.9148, with the USD trading 0.13% higher from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s industrial production falls in the month of August

Posted on October 16, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 98.58, as investors’ confidence in the US Dollar was spooked after the Fitch ratings kept the nation’s ‘AAA’ credit grade on … Continue reading →

Posted in USD/JPY | Comments Off