USD/CHF: Swiss France trading lower ahead of UBS consumption indicator

Posted on September 25, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9134, as uncertainty over an upcoming Senate vote for a budget deal, spurred demand for the safe-haven US Dollar. In the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading higher against the USD in the Asian session

Posted on September 25, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 98.73. In the Asian session, at GMT0300, the pair is trading at 98.68, with the USD trading marginally lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: BoE not in a rush to withdraw its stimulus measures, states Paul Tucker

Posted on September 25, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.29% against the USD and closed at 1.5994, as the Bank of England (BoE) Deputy Governor, Paul Tucker, in his speech, stated that the UK central bank was in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Greenback soars amid concerns over domestic budget talks

Posted on September 25, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.18% against the USD and closed at 1.3474. The greenback rose as concerns over the US budget talks lured investors to take refuge under the safe-haven, dollar. The US … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading lower in the Asian session

Posted on September 24, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 0.9420, as strong manufacturing PMI data from China, Australia’s largest trading partner, boosted the demand for Aussie. The greenback also came under … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading flat against the USD ahead of domestic retail sales data

Posted on September 24, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.0287. In the Asian session, at GMT0300, the pair is trading at 1.0287, with the USD trading flat from yesterday’s close. … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: SNB’s cap of Swiss Franc remains “indispensable”, indicates SNB Chief

Posted on September 24, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9106. The Swiss National Bank (SNB) President, Thomas Jordan, yesterday stated that even now the Swiss Franc is a highly valued … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen gave up ground against the greenback in the Asian session

Posted on September 24, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.56% against the JPY and closed at 98.74, as policymakers’ support for Fed’s stimulus decision, spooked investors confidence. The New York Fed President, William C. Dudley, in his … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound snaps its previous session’s gains

Posted on September 24, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.6041. The greenback came under pressure after two senior Federal Reserve officials yesterday expressed disappointment with the pace of the US recovery … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: ECB Chief hinted at the possibility for additional stimulus measures to spur growth

Posted on September 24, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3497, after the European Central Bank (ECB) President, Mario Draghi, stated that the officials are willing to consider additional stimulus measures to … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Aussie spikes following Chinese PMI data

Posted on September 23, 2013 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.41% against the USD to close at 0.9405. LME Copper prices fell 0.1% or $6.5/MT to $7295.0/MT. Aluminium prices declined 0.7% or $12.0/MT to $1771.5/MT. In the Asian session, at GMT0300, the pair … Continue reading →

Posted in AUD/USD | Comments Off