AUD/USD: Aussie trading below the 0.9500 level

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.50% against the USD to close at 0.9557. LME Copper prices declined 1.5% or $110.5/MT to $7311.0/MT. Aluminium prices declined 0.6% or $11.5/MT to $1927.5/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie gained as PMI data impressed investors; trading tad lower in the Asian session

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.0274. The Canadian dollar gained after nation’s seasonally adjusted Ivey Purchasing Managers’ Index (PMI) surged to a 14-month high of 63.10 in … Continue reading →

Posted in USD/CAD | Leave a comment

GBP/USD: Pound advanced as BoE maintained its interest rate at 0.5%; trading tad lower this morning

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 1.31% against the USD and closed at 1.5600, as investor sentiment was lifted after the Bank of England announced no changes to its monetary policy. Yesterday, the Bank of England’s … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Yen moving higher on Taro Aso’s comments

Posted on June 7, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.67% against the JPY and closed at 97.36. In the Asian session, at GMT0300, the pair is trading at 96.35, with the USD trading 1.04% lower from yesterday’s close. … Continue reading →

Posted in USD/JPY | Leave a comment

EUR/USD: Euro trading tad higher ahead of the ECB interest rate decision

Posted on June 6, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.11% against the USD and closed at 1.3087, after the US Automatic Data Processing, Inc’s private sector employment increased by 135.0K in May, much lower than the expected increase by 165.0K … Continue reading →

Posted in EUR/USD | Leave a comment

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

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CHF and closed at 0.9424. In the Asian session, at GMT0300, the pair is trading at 0.9420, with the USD trading marginally lower from yesterday’s close. … Continue reading →

Posted in USD/CHF | Leave a comment

USD/CAD: Canada’s building permits rose surprisingly in April

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0346. The Canadian Dollar received support after the Canadian building permits data surprised the market by jumping 10.5% in April, its fourth … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Australia’s trade surplus narrowed in April

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.36% against the USD to close at 0.9508. LME Copper prices rose 1.1% or $84.0/MT to $7421.5/MT. Aluminium prices rose 1.9% or $36.5/MT to $1939.0/MT. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment

GBP/USD: Pound gained as UK service PMI marked an improvement in May

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.63% against the USD and closed at 1.5398, as upbeat UK services PMI data buoyed the Pound. In the UK, the services purchasing managers’ index (PMI) advanced to a reading … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Yen gained on Shinzo Abe’s comments

Posted on June 6, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.27% against the JPY and closed at 99.02. Demand for the yen increased after the Japanese Prime Minister, Shinzo Abe, outlined growth strategy to rejuvenate the nation’s struggling economy. … Continue reading →

Posted in USD/JPY | Leave a comment

AUD/USD: Australian economy improves less-than-expected in the Q1 2013

Posted on June 5, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.13% against the USD to close at 0.9639, as investor sentiment was hampered after the Reserve Bank of Australia left its cash rate unchanged and signalled room for further cuts. … Continue reading →

Posted in AUD/USD | Leave a comment