GBP/USD: Pound extends its gains in the Asian session

Posted on September 16, 2013 by GCI Financial

GBPUSD Movement On Friday, GBP rose 0.47% against the USD and closed at 1.5878. The US Dollar gave up ground as negative sentiment was fuelled after the US retail sales failed to meet market expectation and after the White House … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher, ahead of consumer inflation data

Posted on September 16, 2013 by GCI Financial

EURUSD Movement On Friday, EUR rose marginally against the USD and closed at 1.3307. The US Dollar came under pressure as investors refrained from taking major bets ahead of Fed’s policy decision next week. In the Euro-zone, an official report … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Dismal domestic jobs data continues to weigh on the demand of the Aussie

Posted on September 13, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.74% against the USD to close at 0.9264, as lackluster domestic employment data spooked investors’ confidence. Meanwhile, speculation that the Fed might decide to taper its asset purchase programme, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie showing convergence with its MA’s

Posted on September 13, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD to close at 1.0325. In economic news, an official report from Canada showed that the nation’s new housing price index rose 0.2% (MoM) in … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower ahead of producer and import price data

Posted on September 13, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CHF and closed at 0.9309. Investors favoured the US dollar after a report showed that initial jobless claim in the US declined unexpectedly during the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen extends gains in the Asian session, ahead of domestic industrial production data

Posted on September 13, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.21% against the JPY and closed at 99.59. Investors took refuge under yen after a dismal domestic data on machinery orders fuelled fresh concerns that a sales-tax increase … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading below 1.58 levels against the USD in the Asian session

Posted on September 13, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP declined 0.13% against the USD and closed at 1.5804. The US Dollar rose after data revealed that initial jobless claim in the US unexpectedly declined during the week ended September … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro continue to buckle against the USD

Posted on September 13, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.11% against the USD and closed at 1.3299. The US Dollar was in demand yesterday, on speculation that a better-than-expected US jobs data might facilitate Fed’s decision to taper … Continue reading →

Posted in EUR/USD | Comments Off

AUD/USD: Australia’s unemployment rate climbed to a four-year high in August

Posted on September 12, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 0.9334. LME Copper prices declined 0.1% or $9.0/MT to $7163.0/MT. Aluminium prices fell 0.2% or $3.0/MT to $1756.5/MT. In the Asian session, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower ahead of domestic housing data

Posted on September 12, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.0312. The demand for the risk-on, Loonie rose after the US President, Barack Obama, postponed a decision on military strikes against … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher in the Asian session

Posted on September 12, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CHF and closed at 0.9302. In the Asian session, at GMT0300, the pair is trading at 0.9294, with the USD trading 0.09% lower from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off