USD/JPY: BoJ Chief said the nation’s economic outlook brightest since the turn of the century

Posted on October 14, 2013 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.25% against the JPY and closed at 98.48. The Bank of Japan (BoJ) Governor, Haruhiko Kuroda, in his speech on Saturday, expressed optimism on the country’s economic outlook, stating that “the economic outlook … Continue reading →

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

Posted on October 14, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.09% against the USD and closed at 1.5960. In economic news, UK’s CB leading economic index rose 1.2% in September, following a 0.7% rise seen in the preceding month. In the Asian session, at … Continue reading →

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EUR/USD: German consumer price index came in at par with market expectation for September.

Posted on October 14, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.20% against the USD and closed at 1.3554, as investors reacted positively to German consumer inflation data, which came in at par with market expectation. Data showed that Germany’s consumer price index stood at … Continue reading →

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

Posted on October 11, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.08% against the USD to close at 0.9457. LME Copper prices eased 0.4% or $28.5/MT to $7112.5/MT. Aluminium prices declined 1.1% or $20.5/MT to $1818.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie trading higher with domestic employment data in focus

Posted on October 11, 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 1.0411. In economic news, a report from Canada showed that the nation’s new housing price index rose 0.1% (MoM) during August, … Continue reading →

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USD/CHF: Swiss Franc trading flat against the USD ahead of Danthine’s speech

Posted on October 11, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9110. In the Asian session, at GMT0300, the pair is trading at 0.9110, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/JPY: BoJ Governor hinted for the continuation of loose monetary policies to curb deflation

Posted on October 11, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.75% against the JPY and closed at 98.24. The Japanese Yen gave up ground after the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, stated that the policymakers would … Continue reading →

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GBP/USD: BoE refrained from altering its monetary policies at its October policy meeting

Posted on October 11, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.13% against the USD and closed at 1.5976, as investors cheered the Bank of England’s (BoE) decision to keep it interest rate unchanged at 0.5% and maintain the size … Continue reading →

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EUR/USD: ECB Chief indicated a possible cut in the borrowing rate, should the market volatility increase

Posted on October 11, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.06% against the USD and closed at 1.3527. The US Dollar came under pressure after a report indicated that the nation’s initial jobless claims rose to a level of … Continue reading →

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AUD/USD: Australia’s unemployment rate declined more than forecast in September

Posted on October 10, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9449. LME Copper prices declined 1.3% or $90.5/MT to $7141.0/MT. Aluminium prices rose 1.1% or $20.5/MT to $1839.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie extends its fall in the morning session

Posted on October 10, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.0395, as indication from the FOMC’s minutes, that the policymakers might start tapering its asset purchase programme later during the year, … Continue reading →

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