AUD/USD: Australian AIG PMI rises in May

Posted on June 3, 2013 by GCI Financial

  On Friday, the AUD weakened 0.99% against the USD to close at 0.9572. LME Copper prices declined 0.1% or $4.50/MT to $7241.0/MT. Aluminium prices rose 1.0% or $18.5/MT to $1875.5/MT. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CAD: Canadian economy improved in March

Posted on June 3, 2013 by GCI Financial

  On Friday, the USD rose 0.62% against the CAD to close at 1.0367. In a much awaited Canadian gross domestic product data (GDP), the Canadian economy expanded more than market expectations in March, whereby the gross domestic product climbed … Continue reading →

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USD/CHF: Swiss manufacturing PMI due later today

Posted on June 3, 2013 by GCI Financial

  On Friday, the USD rose 0.56% against the CHF and closed at 0.9601. On the economic front, Switzerland’s KOF leading indicator edged up to a reading of 1.10 in May, from an upwardly revised reading of 1.04 registered in … Continue reading →

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USD/JPY: Capital spending drops in Japan

Posted on June 3, 2013 by GCI Financial

  On Friday, the USD weakened 0.44% against the JPY and closed at 100.67. The first deputy managing director of the International Monetary Fund, David Lipton, stated that the yen’s current depreciation is not problematic if accompanied by fiscal and … Continue reading →

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GBP/USD: Pound moving northwards in the Asian session

Posted on June 3, 2013 by GCI Financial

  On Friday, GBP fell 0.29% against the USD and closed at 1.5183. The greenback advanced as upbeat US economic data raised investor speculation that the Federal Reserve could to taper its stimulus program in the near future. Meanwhile, on … Continue reading →

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EUR/USD: Euro trading higher in today’s morning session

Posted on June 3, 2013 by GCI Financial

  On Friday, EUR declined 0.48% against the USD and closed at 1.2981, as a rise in Euro-zone’s unemployment data disappointed investors, and as upbeat US economic data helped push the greenback higher. Unemployment rate in the Euro-zone rose to … Continue reading →

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USD/JPY: Japan’s deflation persists, while industrial output improves in April

Posted on May 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 101.11. In the Asian session, at GMT0300, the pair is trading at 100.89, with the USD trading 0.22% lower from yesterday’s close. … Continue reading →

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GBP/USD: Britain’s economy would gain momentum, indicates BCC

Posted on May 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.65% against the USD and closed at 1.5228. Yesterday, consumer confidence in the UK improved to a reading of -22.0 in May, from a reading of -27.0 recorded in the … Continue reading →

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EUR/USD: Euro rose above the key 1.30 level, trading tad lower this morning

Posted on May 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.3043. In the Euro-zone, data indicated that economic sentiment index rose to a reading of 89.4 in May, from a reading of 88.6 … Continue reading →

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USD/CAD: Canadian current account deficit narrowed in Q12013

Posted on May 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CAD to close at 1.0303. The Canadian Dollar gained traction after nation’s current account deficit fell to C$14.09 billion in the first quarter of 2013 (Q12013), … Continue reading →

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USD/CHF: Switzerland GDP improved in Q12013

Posted on May 31, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 1.05% against the CHF and closed at 0.9537. The Swiss Franc gained after data indicated that Switzerland’s economy grew by a seasonally adjusted 0.6% (QoQ) in the first quarter … Continue reading →

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