USD/CHF: Swiss France trading lower in the Asian session

Posted on October 10, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.96% against the CHF and closed at 0.9107, as the minutes from the latest FOMC meeting highlighted policymakers’ willingness to start tapering the central bank’s $85 billion monthly … Continue reading →

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USD/JPY: Japan core machine orders rises more than expected in August

Posted on October 10, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.60% against the JPY and closed at 97.51. In the Asian session, at GMT0300, the pair is trading at 97.71, with the USD trading 0.21% higher from yesterday’s … Continue reading →

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GBP/USD: NIESR estimated UK GDP to grow 0.8% in the three months to September

Posted on October 10, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 1.02% against the USD and closed at 1.5955, as the latest batch of lackluster domestic economic data spurred doubts on the recovery of the UK economy. In the UK, … Continue reading →

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EUR/USD: Fed policymakers might start tapering its stimulus package by the end of 2013, indicates FOMC minutes

Posted on October 10, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.60% against the USD and closed at 1.3519. The US Dollar gained ground against the Euro after minutes from the Fed’s latest policy meeting highlighted policymakers’ willingness to start … Continue reading →

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AUD/USD: Consumer confidence slips in October, indicates Westpac

Posted on October 9, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.17% against the USD to close at 0.9450. LME Copper prices rose 0.8% or $60.5/MT to $7231.5/MT. Aluminium prices advanced 1.5% or $27.5/MT to $1818.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Canadian trade deficit expanded for the second month in August

Posted on October 9, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD to close at 1.0356. The Canadian Dollar faced a sell off after an official report showed that the nation’s trade deficit expanded to a … Continue reading →

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USD/CHF: SNB don’t need to intervene to protect Franc, assures SNB Chief

Posted on October 9, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9020. The Swiss Franc gained ground against its US counterpart after data confirmed that the nation’s real retail sales rose 2.4% … Continue reading →

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USD/JPY: BoJ’s Hiroshi Nakaso warned of the potential US budget risk to the Japanese economy

Posted on October 9, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.22% against the JPY and closed at 96.92. The Japanese Yen came under pressure after the International Monetary Fund (IMF) slashed its growth forecast on the Japanese economy … Continue reading →

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GBP/USD: Pound trading lower ahead of NIESR GDP data

Posted on October 9, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.13% against the USD and closed at 1.6119. The US Dollar came under pressure as investors refrained from taking riskier bets in the currency amid a deadlock in the … Continue reading →

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EUR/USD: US President, Obama signalled his willingness for a budget talks with the Republicans

Posted on October 9, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3600, as investors reacted positively to the latest batch of mixed economic releases from the Euro-zone. In the Euro-zone, data revealed that, … Continue reading →

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AUD/USD: Australia’s business sentiment spikes to highest in over 3 years

Posted on October 8, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.10% against the USD to close at 0.9432, as investors reacted negatively to the World Bank’s decision to lower its estimates on China’s growth outlook. The World Bank now … Continue reading →

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