AUD/USD: Aussie pares gains in the morning session

Posted on September 19, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 1.52% against the USD to close at 0.9495. The greenback gave up gains against the Aussie after the Fed decided to refrain from reducing the size of its monthly … Continue reading →

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USD/CAD: BoC’s Chief does not see a housing bubble in the nation’s housing market

Posted on September 19, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CAD to close at 1.0223, as Fed’s decision to refrain from tapering its asset-purchase programme, fuelled negative sentiment for the US Dollar. Meanwhile, the Bank … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of SNB interest rate decision

Posted on September 19, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.47% against the CHF and closed at 0.9125, after the Federal Reserve unexpectedly refrained from reducing US economic stimulus. In Switzerland, ZEW survey – expectations for September rose … Continue reading →

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USD/JPY: BoJ Board Member warns of overseas risk to the Japanese economy

Posted on September 19, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.96% against the JPY and closed at 98.20, as the Fed policymakers, in its September policy meeting, refrained from tapering the size of its $85 billion monthly asset-purchase … Continue reading →

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GBP/USD: BoE policymakers unanimously voted against more QE measure

Posted on September 19, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 1.45% against the USD and closed at 1.6133. The greenback lost ground against the Pound after the Fed policymakers, in its two-day policy meeting, defied market expectations and decided … Continue reading →

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EUR/USD: Greenback continues to decline on Fed’s QE decision

Posted on September 19, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 1.25% against the USD and closed at 1.3524. The US Dollar slid against the Euro after the Fed refrained from altering the size of its $85 billion monthly asset-purchase … Continue reading →

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AUD/USD: Aussie snaps its gains against the greenback ahead of Fed’s monetary decision

Posted on September 18, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.9353. LME Copper prices rose 0.1% or $6.5/MT to $7056.5/MT. Aluminium prices declined 0.3% or $4.5/MT to $1730.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie reverses its direction in the morning session

Posted on September 18, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0298. The Loonie advanced against the greenback as investors reacted positively to an upbeat domestic manufacturing shipment data, which rose at … Continue reading →

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USD/CHF: Swiss ZEW survey on economic expectations data awaited

Posted on September 18, 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 0.9261, as lingering concerns over Fed’s stimulus decision weighed on the demand of the US Dollar. In the Asian session, at … Continue reading →

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USD/JPY: Yen continues to trade lower in the Asian session

Posted on September 18, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 99.16. In the Asian session, at GMT0300, the pair is trading at 99.27, with the USD trading 0.11% higher from yesterday’s … Continue reading →

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GBP/USD: Pound flat amid Fed stimulus uncertainty

Posted on September 18, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5903, as investors refrained from taking riskier bets ahead of Fed’s stimulus decision, due later today. In the UK, an official report … Continue reading →

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