GBP/USD: UK jobless claims and the unemployment rate in focus

Posted on October 16, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.07% against the USD and closed at 1.5983, after an official data revealed that the UK’s consumer price index rose 0.4% (MoM) in September, more than analysts’ expectation for … Continue reading →

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EUR/USD: Euro trading lower ahead of domestic consumer inflation data

Posted on October 16, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3521. The US Dollar gained ground on speculation that the US lawmakers would agree on a deal to end the nation’s fiscal … Continue reading →

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AUD/USD: Further rate cuts cannot be ruled out, indicates RBA minutes

Posted on October 15, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.70% against the USD to close at 0.9513, buoyed by the latest batch of upbeat economic releases from its largest trading partner, China. A report from China showed that … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on October 15, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0351. In the Asian session, at GMT0300, the pair is trading at 1.0337, with the USD trading 0.14% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading higher amid lack of domestic economic data

Posted on October 15, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9114. In economic news, a report from Switzerland showed that the nation’s producer and import prices rose 0.1% (MoM) in September, … Continue reading →

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USD/JPY: Yen snaps its losses in the Asian trading session

Posted on October 15, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.30% against the JPY and closed at 98.64, in a holiday thin trade. In the Asian session, at GMT0300, the pair is trading at 98.50, with the USD … Continue reading →

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GBP/USD: Pound trading higher ahead of consumer inflation data

Posted on October 15, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5971. In the Asian session, at GMT0300, the pair is trading at 1.5997, with the GBP trading 0.16% higher from yesterday’s close. … Continue reading →

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EUR/USD: Ireland to exit bailout scheme by December 15, says PM Enda Kenny

Posted on October 15, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3557, as investors cheered an upbeat Euro-zone’s industrial production data. An official report showed that, on a seasonally adjusted basis, Euro-zone’s industrial … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on October 14, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.13% against the USD to close at 0.9469. In economic news, a report from China showed that the nation’s trade surplus declined to a level of $15.2 billion in September, more than analysts’ … Continue reading →

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USD/CAD: Canada’s unemployment rate stood at 6.5% in September

Posted on October 14, 2013 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.64% against the CAD to close at 1.0344. The Canadian Dollar gained ground against its US counterpart after data showed that unemployment rate in Canada stood at 6.5% in September, defying market expectation … Continue reading →

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USD/CHF: SNB President reiterates the importance of central bank’s currency ceiling for the Swiss economy

Posted on October 14, 2013 by GCI Financial

USDCHF Movement On Friday, the USD rose marginally against the CHF and closed at 0.9114. In economic news, the Swiss National Bank (SNB) Vice President, Jean-Pierre Danthine, stated that the nation has made significant progress in dealing with the systemic … Continue reading →

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