USD/JPY: Japan’s consumer inflation surpasses market expectations in August

Posted on September 27, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.51% against the JPY and closed at 98.93, as an upbeat weekly US employment data strengthened the prospect of the Fed to taper its stimulus measures in its … Continue reading →

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GBP/USD: Pound slipped after UK Q2 GDP data, tad higher this morning

Posted on September 27, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.22% against the USD and closed at 1.6039, as a lacklustre growth in UK’s Gross Domestic Product (GDP) data, spooked investor sentiment. An official report revealed that growth in … Continue reading →

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EUR/USD: Euro trading lower ahead of ECB Chief, Draghi’s speech

Posted on September 27, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.21% against the USD and closed at 1.3488. The US Dollar gained ground as an unexpected decline in the domestic weekly jobless claim spurred fresh speculation that the Fed … Continue reading →

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AUD/USD: Aussie steady in the morning session

Posted on September 26, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.20% against the USD to close at 0.9364. The US Dollar advanced against the Aussie as lingering concerns over the US lawmakers’ decision on the nation’s budget, lured investors … Continue reading →

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USD/CAD: Loonie trading lower amid lack of domestic economic data

Posted on September 26, 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 1.0322. The Canadian Dollar came under pressure as prices of crude oil, the nation’s biggest export, declined for a second day. … Continue reading →

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

Posted on September 26, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CHF and closed at 0.9101. In Switzerland, the UBS consumption indicator registered a reading of 1.32 in the month of August, compared to a figure … Continue reading →

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USD/JPY: Yen snaps its gains, with investors’ focus on domestic inflation data

Posted on September 26, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.30% against the JPY and closed at 98.43. In the Asian session, at GMT0300, the pair is trading at 98.90, with the USD trading 0.48% higher from yesterday’s … Continue reading →

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GBP/USD: UK final GDP for second quarter in focus

Posted on September 26, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.51% against the USD and closed at 1.6076, as an unexpected rise in the UK’s retail sales bolstered the recovery prospect of the Britain economy. The UK CBI distributive … Continue reading →

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EUR/USD: Euro advances on improved risk-appetite among investors

Posted on September 26, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3517. The greenback gave up ground against the Euro, as the latest batch of upbeat economic data from the US and Germany … Continue reading →

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AUD/USD: Australia’s financial system remains in a relatively strong position, indicates RBA

Posted on September 25, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 0.9384. LME Copper prices declined 0.6% or $40.5/MT to $7140.5/MT. Aluminium prices eased 0.1% or $1.0/MT to $1753.5/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie declined tracking a drop in oil prices, reverses its direction in the Asian session

Posted on September 25, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.0309. The demand for the Canadian Dollar came under pressure after the prices of the nation’s biggest export, crude oil declined … Continue reading →

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