USD/CAD: Loonie trading lower in the Asian session

Posted on October 8, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.0314. The Canadian Dollar gave up ground against its US counterpart after data showed that building permits in Canada declined 21.2% … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of SNB Chief, Jordon’s speech

Posted on October 8, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9029. In Switzerland, an official data showed that the nation’s foreign currency reserves declined from previous month’s level of CHF434.2 billion … Continue reading →

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USD/JPY: Japanese current account surplus shrinks in August

Posted on October 8, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.61% against the JPY and closed at 96.69. Yesterday, Japanese Prime Mister, Shinzo Abe, in his speech at the Asia-Pacific Economic Co-operation meeting, highlighted the importance of government’s … Continue reading →

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GBP/USD: UK house prices rose at their fastest rate in 11 years in September

Posted on October 8, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.36% against the USD and closed at 1.6098, as ongoing political gridlock between the Democrats and Republicans continued to weigh on the dollar. In the UK, a report showed … Continue reading →

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EUR/USD: Euro-zone’s second quarter growth confirmed at 0.3%

Posted on October 8, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.3582. The US Dollar came under pressure following President, Barack Obama’s comments that he would not negotiate with the Republicans over the … Continue reading →

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AUD/USD: Australia’s AiG construction index reached highest level in almost 3½ years

Posted on October 7, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.32% against the USD to close at 0.9432. LME Copper prices declined 0.9% or $67.5/MT to $7148.0/MT. Aluminium prices rose 0.2% or $4.0/MT to $1789.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

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USD/CAD: Loonie pares its gains in the morning session

Posted on October 7, 2013 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.28% against the CAD to close at 1.0299. The Canadian Dollar gained ground against the greenback after data showed that the Ivey purchasing manufacturing index soared to a level of 59.4 in September, … Continue reading →

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USD/CHF: Swiss Franc trading higher

Posted on October 7, 2013 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.89% against the CHF and closed at 0.9070. In economic news, the Swiss regulators stated that they are investigating several banks for allegedly manipulating some foreign-exchange rates. Separately, the Swiss Financial Market Supervisory … Continue reading →

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USD/JPY: BoJ Governor, Kuroda indicated for additional stimulus measure

Posted on October 7, 2013 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.17% against the JPY and closed at 97.42. The Japanese Yen came under pressure, after the Bank of Japan (BoJ) hinted for an additional stimulus measure, next year, if international risk hampered growth … Continue reading →

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

Posted on October 7, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP fell 0.82% against the USD and closed at 1.6027, as investors refrained from taking riskier bets amid lack of economic releases from the UK. Negative sentiment was also fuelled on lingering speculation that the Bank … Continue reading →

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EUR/USD: John Boehner believes non negotiation from Obama could lead to the nation’s default

Posted on October 7, 2013 by GCI Financial

EURUSD Movement On Friday, EUR declined 0.48% against the USD and closed at 1.3557, amid lacklustre producer inflation data from the Euro-zone. In the Euro-zone, official data showed that the region’s producer price index came in at 0.0% (MoM) in … Continue reading →

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