GBP/USD: UK retail sales and house price balance advanced in June

Posted on July 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.50% against the USD and closed at 1.4934. In the Asian session, at GMT0300, the pair is trading at 1.4940, with the GBP trading marginally higher from yesterday’s close. This … Continue reading →

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AUD/USD: Aussie trading steady this morning

Posted on July 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.85% against the USD to close at 0.9120. LME Copper prices fell 0.8% or $56.0/MT to $6765.0/MT. Aluminium prices declined 0.4% or $6.5/MT to $1736.5/MT. In the Asian session, at … Continue reading →

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EUR/USD: Euro gained as profit booking prevailed among investors, trading flat this morning

Posted on July 9, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.37% against the USD and closed at 1.2861. On the Euro-zone’s economic front, the economic scenario did not seem very bright as Germany’s trade surplus and current account surplus both narrowed … Continue reading →

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USD/CHF: Swissy moving tad lower in the Asian session

Posted on July 9, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9645. On Swiss economic front, a non-seasonally adjusted basis, the unemployment rate fell to 2.9% in June from a rate of 3.0% … Continue reading →

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GBP/USD: Encouraging US employment data supported the US Dollar against the GBP

Posted on July 8, 2013 by GCI Financial

  On Friday, GBP fell 0.92% against the USD and closed at 1.4901, as strong US employment figures supported the greenback. In the Asian session, at GMT0300, the pair is trading at 1.4874, with the GBP trading 0.18% lower from … Continue reading →

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AUD/USD: Pair moving below its MA’s

Posted on July 8, 2013 by GCI Financial

  On Friday, the AUD weakened 0.93% against the USD to close at 0.9066. LME Copper prices declined 1.4% or $99.5/MT to $6821.0/MT. Aluminium prices declined 1.4% or $24.5/MT to $1743.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CAD: CAD dropped on weak Canadian jobs data & positive US employment report

Posted on July 8, 2013 by GCI Financial

  On Friday, the USD rose 0.52% against the CAD to close at 1.0579, after reports showed that the US employment data came in better than market expectations, while Canada’s job market stagnated in June In Canada, the unemployment rate … Continue reading →

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USD/CHF: Switzerland’s CPI unexpectedly edged up in June

Posted on July 8, 2013 by GCI Financial

  On Friday, the USD rose 0.69% against the CHF and closed at 0.9637, amid speculation that the US Federal Reserve might scale back the pace of its quantitative easing programme later this year. In Switzerland, consumer price index (CPI) … Continue reading →

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USD/JPY: Japan’s current account surplus narrowed while trade deficit widened in May

Posted on July 8, 2013 by GCI Financial

  On Friday, the USD strengthened 0.93% against the JPY and closed at 101.18. In Japan, the preliminary leading economic index rose to a reading of 110.5 in May, while the coincident index advanced marginally to a reading of 105.9 … Continue reading →

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EUR/USD: Dollar gained on upbeat employment data

Posted on July 8, 2013 by GCI Financial

  On Friday, EUR declined 0.47% against the USD and closed at 1.2831. The greenback registered gains as better-than-expected employment data in the US raised speculations that the improving US economy could prompt the Federal Reserve to lower its monetary … Continue reading →

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AUD/USD: Australia’s performance of construction index rose in June

Posted on July 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 0.9151. LME Copper prices ended flat or $1.5/MT to $ 6920.5/MT. Aluminium prices declined 0.4% or $7.0/MT to $1767.5/MT. In the Asian session, … Continue reading →

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