USD/CHF: Swiss monthly CPI fell in July

Posted on August 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 0.9213. Economic data from Switzerland yesterday showed that, consumer price index (CPI) dropped 0.4% (MoM) in July, compared to previous month. Additionally, … Continue reading →

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USD/JPY: Bank of Japan maintain its monetary stimulus

Posted on August 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.80% against the JPY and closed at 96.57. In the Asian session, at GMT0300, the pair is trading at 96.74, with the USD trading 0.18% higher from yesterday’s close. … Continue reading →

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GBPUSD: Pound flat after rising in yesterday’s session

Posted on August 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 1.00% against the USD and closed at 1.5497. All the action in Pound yesterday was provided by new Bank of England (BoE) Governor, Mark Carney, as he unveiled the central … Continue reading →

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EURUSD: Euro lower ahead of ECB monthly report

Posted on August 8, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3340, after German industry output rebounded in June, surging at its fastest pace in nearly two years. Data revealed that German industrial production … Continue reading →

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AUD/USD: Aussie lower in the Asian session, following yesterday’s rise

Posted on August 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.83% against the USD to close at 0.8986, as the Reserve Bank of Australia (RBA) Governor, Glenn Stevens, provided a less dovish guidance on inflation at the statement following the … Continue reading →

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USD/CAD: US Dollar found support over encouraging comments by the Fed member

Posted on August 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD climbed 0.16% against the CAD to close at 1.0375, following comments by the Federal Reserve Bank of Chicago President, Charles Evans, that there has been good improvement in the labour … Continue reading →

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

Posted on August 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9252. In the Asian session, at GMT0300, the pair is trading at 0.9257, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/JPY: Yen trading higher in the Asian session

Posted on August 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.92% against the JPY and closed at 97.35. In economic news, the leading index in Japan declined to a reading of 107.0 in June from 110.7 in May. Additionally, … Continue reading →

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GBP/USD: Pound witnessing losses ahead of the BoE inflation report

Posted on August 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell slightly against the USD and closed at 1.5343. The Pound traded higher earlier, on the back of inspiring industrial and manufacturing production data in UK for June. Industrial production climbed … Continue reading →

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EUR/USD: Euro rose on German factory orders, trading lower in the Asian session

Posted on August 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3308, after economic reports showed that German factory orders grew more than economists forecast in June, indicating that the Euro-zone largest economy is … Continue reading →

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AUD/USD: RBA cut key interest rate to 2.5%

Posted on August 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.8912. LME Copper prices declined 1.0% or $68.5/MT to $6950.5/MT. Aluminium prices declined 0.8% or $14.5/MT to $1755.5/MT. In the Asian session, at GMT0300, … Continue reading →

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