EUR/USD: Euro slips after rising on upbeat German employment data, Fed stance

Posted on August 1, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR climbed 0.26% against the USD and closed at 1.3301, following a report that revealed that number of unemployed people in Germany fell by 7,000 in June, defying expectations for a 4,000 decline. … Continue reading →

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AUD/USD: Aussie fell on dovish comments by the RBA and weak economic data

Posted on July 31, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.40% against the USD to close at 0.9071, amid disappointing Australian building permits data for June and dovish comments by the Reserve Bank of Australia (RBA) Governor. LME Copper prices declined … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canadian GDP data

Posted on July 31, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the CAD to close at 1.0300, as investors await monetary policy statement and interest rate decision by the Federal Reserve. The CAD also came under pressure amid a … Continue reading →

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USD/CHF: Swiss Franc continues its upward journey

Posted on July 31, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9297. In the Asian session, at GMT0300, the pair is trading at 0.9298, with the USD trading modestly lower from yesterday’s close. The … Continue reading →

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USD/JPY: Yen showing convergence with MA’s

Posted on July 31, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened slightly against the JPY and closed at 98.01. In Japan, the small business confidence index fell to a reading of 49.4 in July from a reading of 49.6 in June. … Continue reading →

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GBP/USD: Pound slides ahead of BoE’s meeting

Posted on July 31, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.64% against the USD and closed at 1.5242. In the UK, Lloyds business barometer index rose to a reading of 41.0 in July from 36.0 in June. In the Asian session, … Continue reading →

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EUR/USD: Euro lower after rising on positive data from Germany, Spain and Euro-zone

Posted on July 31, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR traded marginally higher against the USD and closed at 1.3266, following the release of an upbeat German consumer-confidence data and Spanish economic-growth figures. Moreover, Euro-zone economic confidence index improved to 92.5 in … Continue reading →

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AUD/USD: Aussie continues its losses over weak building permits data

Posted on July 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.57% against the USD to close at 0.9200. LME Copper prices declined 0.7% or $45.0/MT to $6860.5/MT. Aluminium prices declined 0.1% or $1.5/MT to $1760.0/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Canadian Dollar trades lower ahead of heavy slate of economic data

Posted on July 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0262, as markets looked to a raft of US and Canadian economic data set to release this week. In the Asian session, at … Continue reading →

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USD/CHF: Swiss Franc continues to trade lower in the Asian session

Posted on July 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9311. In the Asian session, at GMT0300, the pair is trading at 0.9320, with the USD trading 0.10% higher from yesterday’s close. The … Continue reading →

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USD/JPY: Japanese industrial output slips for the first time in five months in June

Posted on July 30, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened slightly against the JPY and closed at 98.05. The Yen came under pressure after retail sales in Japan fell a seasonally adjusted 0.2% (MoM) in June that was well shy … Continue reading →

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