USD/JPY: Japanese CPI rises more than estimated

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.13% against the JPY and closed at 99.27. In the Asian session, at GMT0300, the pair is trading at 98.84, with the USD trading 0.43% lower from yesterday’s close. … Continue reading →

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GBP/USD: UK Chancellor welcomes latest GDP figures, indicates Britain is “on the mend”

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.48% against the USD and closed at 1.5380, after economic reports showed that the UK economic growth met market expectations. UK economy registered a 0.6% sequential growth for the second … Continue reading →

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EUR/USD: Euro erases its yesterday’s gains, tad higher this morning

Posted on July 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR traded 0.63% higher against the USD and closed at 1.3274, as economic indicators released yesterday pointed to economic recovery of the region. The IFO business climate indicators in Germany ticked up … Continue reading →

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AUD/USD: Aussie fell on domestic inflation and Chinese PMI data, trading higher in the Asian session

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD dropped 1.65% against the USD to close at 0.9133, following the release of soft second-quarter inflation data from Australian and dismal manufacturing PMI data in China, Australia’s largest trading partner. LME Copper … Continue reading →

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USD/CAD: Greenback backpedals in the Asian session after rising on positive US data

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD advanced 0.25% against the CAD to close at 1.0319, as bullish housing and manufacturing data from the US boosted the outlook for the world’s largest economy. In the Asian session, at … Continue reading →

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USD/CHF: Converging with its MA’s

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD jumped 0.34% against the CHF and closed at 0.9381. In the Asian session, at GMT0300, the pair is trading at 0.9370, with the USD trading 0.12% lower from yesterday’s close. The … Continue reading →

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USD/JPY: Japanese Yen holds gain before domestic CPI data

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.89% against the JPY and closed at 100.42. In the Asian session, at GMT0300, the pair is trading at 100.16, with the USD trading 0.26% lower from yesterday’s close. In … Continue reading →

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EUR/USD: Euro-zone PMI data hint at return to growth in July

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.23% against the USD and closed at 1.3191. The Euro traded higher earlier, as upbeat manufacturing and service PMI data from Germany, France and the Euro-zone indicated economic revival in the … Continue reading →

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GBP/USD: UK GDP expected to rise

Posted on July 25, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.5307. The Confederation of British Industry’s (CBI) industrial trends survey showed that the British factory order books improved more than expected in July, reaching … Continue reading →

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AUD/USD: Aussie reverses yesterday’s gains on poor economic data from China

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD rose 0.32% against the USD to close at 0.9287. LME Copper prices declined 0.3% or $19.0/MT to $6961.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1801.5/MT. In the Asian session, at … Continue reading →

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USD/CAD: Canadian retail sales top market forecasts

Posted on July 24, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD fell 0.45% against the CAD to close at 1.0292. The Canadian Dollar rallied against the US Dollar, after economic data showed that retail sales in Canada increased at the fastest … Continue reading →

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