GBP/USD: Traders await BoE Governor’s maiden speech

Posted on August 28, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5545. In the US, an official report showed that the nation’s consumer confidence rose to a reading of 81.5 during August, defying … Continue reading →

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EUR/USD: Fears over the situation in Syria continue to trigger risk-off sentiment

Posted on August 28, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.3391, after a closely watched index of German business optimism rose more than expected in August, highlighting improving growth prospects for the … Continue reading →

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AUD/USD: Aussie declines as risk-appetite wanes

Posted on August 28, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.74% against the USD to close at 0.8943, as ongoing tensions in Syria reduced the risk-appetite among investors and weighed on the demand for the riskier currencies. LME Copper … Continue reading →

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AUD/USD: Aussie continues its decline in the Asian session, amid sell-off jitters

Posted on August 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 0.9012, as speculation of Fed tapering its asset-purchase programme later this year, continued to weigh on the demand of the riskier currencies. LME … Continue reading →

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USD/CAD: Loonie declines in the Asian session

Posted on August 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD ended mostly flat against the CAD to close at 1.0502, as tensions over Fed’s stimulus measures continued to weigh on the demand of the Loonie. On Friday, Bank of Canada … Continue reading →

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USD/CHF: Pair trading below with its MA’s

Posted on August 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9222. In the Asian session, at GMT0300, the pair is trading at 0.922, with the USD trading tad lower from yesterday’s close. … Continue reading →

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USD/JPY: Yen reversed yesterday’s gains

Posted on August 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.44% against the JPY and closed at 98.29, as US durable goods orders fell for July, adding to disappointing set of data for July that have suggested that economic … Continue reading →

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GBP/USD: Trading lower this morning, after inching higher in holiday trade

Posted on August 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP edged up slightly against the USD and closed at 1.5583, taking its cues from Friday’s report that showed that the UK’s GDP rose 0.7% (QoQ) during the second quarter, surpassing analysts’ … Continue reading →

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EUR/USD: Political tensions in Italy proved dampener for the Euro

Posted on August 27, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3378 as a lacklustre US durable goods data fuelled fresh concerns over Fed stimulus measures. Sentiments were also hurt by the threat of … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 0.9017, as upbeat manufacturing PMI data from China, Germany, Euro-zone and the US boosted investors risk appetite. LME Copper prices rose 1.4% or … Continue reading →

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USD/CAD: Loonie continues its slide on lacklustre retail sales data

Posted on August 23, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD advanced 0.31% against the CAD to close at 1.0519. The Canadian Dollar came under pressure after an official report revealed that retail sales in Canada declined 0.6% (MoM) during June, … Continue reading →

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