AUD/USD: Aussie trading lower after RBA minutes

Posted on June 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9556. LME Copper prices declined 0.3% or $24.50/MT to $7020.5/MT. Aluminium prices rose 1.4% or $26.00/MT to $1789.5/MT. In the Asian session, at … Continue reading →

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USD/CHF: Swissy trading lower in the Asian session

Posted on June 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9225. In the Asian session, at GMT0300, the pair is trading at 0.9232, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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USD/CAD: Loonie reverses its direction in the Asian session

Posted on June 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0190. Economic news indicated that foreign investors made a net investment in Canadian securities worth C$14.91 billion in April, more than the … Continue reading →

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USD/JPY: Pair converging with its MA’s

Posted on June 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 94.57, after the New York manufacturing index jumped to a reading of 7.84 in June, against the expected reading of zero and … Continue reading →

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GBP/USD: Pound trading tad lower; String of UK economic data eyed by investors later today

Posted on June 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5717. Losses in the pound were limited as Rightmove indicated that UK house prices increased for a sixth consecutive month in June. In … Continue reading →

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EUR/USD: German economic growth likely to slow over the summer: Bundesbank

Posted on June 18, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3363. The Bundesbank stated after improving in the second quarter, Germany’s economic recovery may lose pace this summer, citing weaker industrial orders and … Continue reading →

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AUD/USD: Aussie reverses its direction in the Asian session

Posted on June 17, 2013 by GCI Financial

  On Friday, the AUD weakened 0.12% against the USD to close at 0.9600. LME Copper prices declined 0.2% or $12.50/MT to $7045.0/MT. Aluminium prices rose 0.1% or $2.50/MT to $1815.5/MT. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CAD: Loonie fell on unexpected drop in Canadian manufacturing shipments in May; trading higher this morning

Posted on June 17, 2013 by GCI Financial

  On Friday, the USD rose marginally against the CAD to close at 1.0172. The Canadian Dollar recorded losses after manufacturing shipments in Canada dropped unexpectedly by 2.4% (MoM) in April, following a 0.6% fall recorded in the previous month. … Continue reading →

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USD/CHF: Swissy moving lower in the Asian session

Posted on June 17, 2013 by GCI Financial

  On Friday, the USD rose marginally against the CHF and closed at 0.9224. In the Asian session, at GMT0300, the pair is trading at 0.9241, with the USD trading 0.18% higher from Friday’s close. The pair is expected to … Continue reading →

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USD/JPY: Tertiary industry activity in Japan remains flat in April

Posted on June 17, 2013 by GCI Financial

  On Friday, the USD weakened 1.36% against the JPY and closed at 94.28, after the University of Michigan consumer sentiment index recorded an unexpected drop in June after rising to the highest level in almost six years in May. … Continue reading →

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GBP/USD: UK’s Rightmove house price index advances in June

Posted on June 17, 2013 by GCI Financial

  On Friday, GBP fell marginally against the USD and closed at 1.5703, On the economic front, UK’s construction output dropped 1.1% (YoY) in April, against the expected 4.1% drop and following a 7.2% drop reported in March. The Conference … Continue reading →

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