USD/CAD: Loonie rebounds on speculation for a strong domestic employment report

Posted on September 6, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally gained against the CAD to close at 1.0502. In the Asian session, at GMT0300, the pair is trading at 1.0483, with the USD trading 0.18% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc pares losses ahead of consumer inflation data

Posted on September 6, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.98% against the CHF and closed at 0.9451. In the Asian session, at GMT0300, the pair is trading at 0.9435, with the USD trading 0.17% lower from yesterday’s … Continue reading →

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USD/JPY: Yen gave up grounds following Kuroda’s speech, trading higher in the Asian session

Posted on September 6, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.38% against the JPY and closed at 100.13. The decline in the Yen followed the Bank of Japan’s (BoJ) decision to keep its monetary policies unchanged at its … Continue reading →

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GBP/USD: Pound trading higher ahead of BoE’s inflation report

Posted on September 6, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.5590, after the Bank of England (BoE) refrained from changing its monetary policy, broadly in line with market expectations. The BoE kept … Continue reading →

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EUR/USD: Rate cut still an option to combat downside risks to the Euro-area’s economy: ECB President

Posted on September 6, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.61% against the USD and closed at 1.3119, as dovish comments from the European Central Bank (ECB) President, Mario Draghi, on the region’s benchmark interest rate spooked investors confidence. … Continue reading →

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AUD/USD: Aussie lower after disappointing trade balance data

Posted on September 5, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 1.28% against the USD to close at 0.9169, as investors continued to cheer an upbeat Australian GDP data. LME Copper prices declined 0.8% or $58.0/MT to $7125.5/MT. Aluminium prices … Continue reading →

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USD/CAD: Loonie buoyed by BoC’s assurance

Posted on September 5, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.0499 as risk-appetite among investors increased after the Bank of Canada (BoC) Governor, Stephen Poloz, assured that the Central Bank’s monetary … Continue reading →

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

Posted on September 5, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the CHF and closed at 0.9359. In the Asian session, at GMT0300, the pair is trading at 0.9370, with the USD trading 0.12% higher from yesterday’s … Continue reading →

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USD/JPY: Japan’s central bank keeps monetary policy unchanged

Posted on September 5, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 99.73, as improving conditions in the US economy, as outlined by the Federal Reserve’s Beige Book, lead to speculation that reduction … Continue reading →

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GBP/USD: Services PMI data boosts Pound, traders now awaits BoE’s monetary decision

Posted on September 5, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.5622, as data showed that activities in UK’s service sector expanded at the fastest pace since 2006 in August. Markit service PMI … Continue reading →

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EUR/USD: Euro slips in the Asian session, after trading higher yesterday

Posted on September 5, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3199, after the Euro-area economy confirmed that it exited its longest recession, as initially estimated, during the second quarter, on the back … Continue reading →

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