EUR/USD: Euro ended higher amid mixed US economic news, trading lower this morning

Posted on August 16, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.65% against the USD and closed at 1.3351, as uncertainty over the Federal Reserve’s decision of reducing its stimulus measures prevailed following a mixed bag of US economic data. Amidst a … Continue reading →

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AUD/USD: Aussie continues to zoom higher in the Asian session

Posted on August 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.53% against the USD to close at 0.9146. LME Copper prices declined 0.1% or $8.5/MT to $7272.5/MT. Aluminium prices declined 0.2% or $4.5/MT to $1835.0/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Positive European data continue to lifts Canadian Dollar

Posted on August 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD fell 0.14% against the CAD to close at 1.0332. The growth sensitive, Canadian Dollar was boosted by news that second-quarter gross domestic product in the Euro zone grew 0.3% from the … Continue reading →

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USD/CHF: Swiss Franc cap would continue as long as needed; SNB board member

Posted on August 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9339. Yesterday, the Swiss National Bank (SNB) board member, Fritz Zurbruegg, stated that the Franc still remains high and the central bank would … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on August 15, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 97.79. In the Asian session, at GMT0300, the pair is trading at 97.77, with the USD trading marginally lower from yesterday’s close. Today … Continue reading →

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GBP/USD: Domestic jobs data continue to boosts Pound

Posted on August 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.44% against the USD and closed at 1.5517, as the UK unemployment rate remained unchanged at 7.8% in June as expected, but jobless benefit claims declined more than anticipated in … Continue reading →

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EUR/USD: Euro higher this morning, after trading flat in the previous session

Posted on August 15, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.3265. A return to growth in the Euro-zone was enough to buoy traders in the European session yesterday. The bloc’s gross domestic product … Continue reading →

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AUD/USD: Australian consumer confidence rises in August

Posted on August 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD dropped 0.16% against the USD to close at 0.9097. LME Copper prices rose 0.5% or $35.0/MT to $7281.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1839.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie continues to trade lower

Posted on August 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD advanced 0.30% against the CAD to close at 1.0346. In the US economic news, retail sales rose less than expected 0.2% in July and compared to revised rise of a … Continue reading →

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USD/CHF: Swiss Franc trading flat this morning

Posted on August 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9329. In the Asian session, at GMT0300, the pair is trading at 0.9329, with the USD trading flat from yesterday’s close. The … Continue reading →

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USD/JPY: Pair trading between moving averages

Posted on August 14, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.97% against the JPY and closed at 98.13. In the Asian session, at GMT0300, the pair is trading at 98.00, with the USD trading 0.14% lower from yesterday’s close. … Continue reading →

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