EUR/USD: Euro gained on upbeat Euro-zone manufacturing PMI data; trading tad lower this morning

Posted on July 2, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.47% against the USD and closed at 1.3069, after the Purchasing Managers’ Index (PMI) in the Euro-zone rose to a 16-month high in June, while French, Spanish and Italian manufacturing … Continue reading →

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AUD/USD: Aussie gains following positive Australian economic data

Posted on July 1, 2013 by GCI Financial

  On Friday, the AUD weakened 1.12% against the USD to close at 0.9158. LME Copper prices rose 0.7% or $45.0/MT to $6750.5/MT. Aluminium prices rose 0.7% or $11.5/MT to $1731.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CAD: Canadian economy expanded in April

Posted on July 1, 2013 by GCI Financial

  On Friday, the USD rose 0.14% against the CAD to close at 1.0502. However, the losses in the Loonie were limited as the gross domestic product in Canada rose 0.1% (MoM) in April, matching market expectations. Meanwhile, Canada’s raw … Continue reading →

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USD/CHF: Swissy moving lower ahead of SVME PMI data

Posted on July 1, 2013 by GCI Financial

  On Friday, the USD declined 0.21% against the CHF and closed at 0.9437. The Swiss Franc had some news to cheer as Switzerland’s KOF leading indicator rose to a reading of 1.16 in June, following a revised reading of … Continue reading →

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USD/JPY: Japan’s large manufacturers’ outlook turns positive, indicates BoJ Tankan survey

Posted on July 1, 2013 by GCI Financial

  On Friday, the USD strengthened 0.68% against the JPY and closed at 99.17. In Japan, the annual vehicle production declined 6.2% in May, while housing starts surged 14.5% (YoY) in May, way above the market expectations of a 6.1% … Continue reading →

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GBP/USD: UK house prices rose in June, indicates Hometrack

Posted on July 1, 2013 by GCI Financial

  On Friday, GBP fell 0.28% against the USD and closed at 1.5214, after Nationwide house price data came in weaker than expected in June. The Nationwide Building Society of UK reported that on a non-seasonally adjusted annual basis, house … Continue reading →

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EUR/USD: Euro trading tad higher this morning

Posted on July 1, 2013 by GCI Financial

  On Friday, EUR declined 0.13% against the USD and closed at 1.3019. Early on Friday, the US Federal Reserve Governor, Jeremy Stein, stated that the Fed might consider reducing the pace of its asset purchases by September. Stein also … Continue reading →

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AUD/USD: Aussie trading slightly lower this morning

Posted on June 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 0.9262. LME Copper prices rose 0.3% or $20.0/MT to $6705.5/MT. Aluminium prices declined 0.8% or $13.5/MT to $1719.5/MT. In the Asian session, at … Continue reading →

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

Posted on June 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.0489. In the Asian session, at GMT0300, the pair is trading at 1.0480, with the USD trading marginally lower from yesterday’s close. … Continue reading →

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USD/JPY: Japan’s manufacturing PMI rises in June while consumer prices decline in May

Posted on June 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.89% against the JPY and closed at 98.51, after the Federal Reserve officials’ stated that the US economic recovery is not strong enough to start tapering bond-buying. The President … Continue reading →

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USD/CHF: Swissy trading higher this morning, Swiss KOF leading indicator awaited

Posted on June 28, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CHF and closed at 0.9453. In the Asian session, at GMT0300, the pair is trading at 0.9437, with the USD trading 0.17% lower from yesterday’s close. … Continue reading →

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