AUD/USD: Aussie spikes following upbeat domestic GDP data

Posted on September 4, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.60% against the USD to close at 0.9053, after the Reserve Bank of Australia (RBA) refrained from altering the nation’s benchmark interest rate and provided no hints on further … Continue reading →

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USD/CAD: Loonie trading lower ahead of BoC’s interest rate decision

Posted on September 4, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0537. The Loonie rose as lingering concerns over a possible military strike over Syria bolstered the supply prospect of crude oil … Continue reading →

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USD/CHF: Swiss Franc trading above its MA’s

Posted on September 4, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9365. The Swiss Franc traded lower despite better than forecast second quarter GDP data on the back of a rise in … Continue reading →

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USD/JPY: Yen trading lower in the Asian session

Posted on September 4, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 99.56. In the Asian session, at GMT0300, the pair is trading at 99.62, with the USD trading slightly higher from yesterday’s … Continue reading →

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GBP/USD: Pound soared on upbeat construction PMI data, trading flat in the Asian session

Posted on September 4, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5563, after a report showed that the UK’s construction PMI advanced for a fourth month in August. The construction PMI rose to … Continue reading →

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EUR/USD: Dollar advances against the Euro, following upbeat ISM manufacturing data

Posted on September 4, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.13% against the USD and closed at 1.3173, as a better-than-expected US manufacturing PMI data boosted the demand for the greenback. Data showed that the US ISM Manufacturing PMI … Continue reading →

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AUD/USD: RBA keeps key interest rate on hold

Posted on September 3, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.69% against the USD to close at 0.8999, after building permits in July rose above estimates, while manufacturing PMI in China, Australia’s largest trading partner, showed another month of … Continue reading →

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USD/CAD: Loonie continues to trade higher in the Asian session

Posted on September 3, 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 1.0554. In the Asian session, at GMT0300, the pair is trading at 1.0553, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/CHF: Swissy higher ahead of domestic GDP data

Posted on September 3, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9349. The Swiss Franc fell after the SVME – purchasing managers’ index declined to a reading of 54.6 during August, more … Continue reading →

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USD/JPY: Yen tad higher after sliding as Prime Ministers receives support for sales tax hike

Posted on September 3, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD soared 1.20% against the JPY and closed at 99.58. The Japanese Yen came under pressure, amid signs that the Prime Minister, Shinzo Abe is progressing on policies that would … Continue reading →

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GBP/USD: Strong UK manufacturing PMI elevates Pound

Posted on September 3, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD and closed at 1.5547, as an upbeat UK manufacturing PMI data boosted confidence in the recovery of the economy. The Markit manufacturing PMI for the … Continue reading →

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