USD/CAD: Investors await employment data due later in Canada

Posted on July 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD to close at 1.0524. In the Asian session, at GMT0300, the pair is trading at 1.0534, with the USD trading 0.10% higher from yesterday’s close. … Continue reading →

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EUR/USD: Euro slipped on Draghi’s comments, trading tad higher in the Asian session

Posted on July 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.99% against the USD and closed at 1.2892, after the European Central Bank (ECB) President, Mario Draghi stated that the bank expects the key lending rates to remain at present … Continue reading →

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GBP/USD: Pound down on dovish BoE rate statement, trading tad higher this morning

Posted on July 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 1.58% against the USD and closed at 1.5040, after the Bank of England (BoE) maintained its asset purchase levels at £375 billion and the benchmark interest rate at 0.5% and … Continue reading →

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USD/JPY: Yen trading tad lower in the Asian session

Posted on July 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 100.25. In the Asian session, at GMT0300, the pair is trading at 100.28, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CHF: Swissy moving northwards this morning, Swiss CPI data awaited

Posted on July 5, 2013 by GCI Financial

    For the 24 hours to 23:00 GMT, the USD rose 1.16% against the CHF and closed at 0.9582. In the Asian session, at GMT0300, the pair is trading at 0.9571, with the USD trading 0.11% lower from yesterday’s … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD to close at 1.0501. The Loonie registered gains following a rise in crude prices. Also, a decline in Canada’s international merchandise trade deficit to C$303 million … Continue reading →

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USD/CHF: Swissy trading lower in the Asian session

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CHF and closed at 0.9462. In the Asian session, at GMT0300, the pair is trading at 0.9482, with the USD trading 0.21% higher from yesterday’s close. The … Continue reading →

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GBP/USD: Investors eye BoE interest rate decision due later today

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.86% against the USD and closed at 1.5282, after the UK services PMI surged to its highest level in the last 27 months and recorded a reading of 56.9 in June, … Continue reading →

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USD/JPY: Japanese economy to return to recovery path, indicates Kuroda

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.94% against the JPY and closed at 99.82, as political instability in Egypt and Portugal prompted investors to seek refuge in the yen. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Australian building approvals dropped in May

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.26% against the USD to close at 0.9116. LME Copper prices declined 0.8% or $58.0/MT to $6922.0/MT. Aluminium prices declined 1.0% or $18.0/MT to $1774.5/MT. In the Asian session, at GMT0300, … Continue reading →

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EUR/USD: Euro moving lower ahead of the ECB meeting later today

Posted on July 4, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.36% against the USD and closed at 1.3022. However, gains were limited as Portugal’s political crisis mounted after the back-to-back resignation of ministers from Prime Minister, Pedro Passos Coelho’s coalition government … Continue reading →

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