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USD/CHF: Swiss Franc trading lower against the US dollar in the Asian session

25 December 2012

GCI Forex News - USD/CHF: Swiss Franc trading lower against the US dollar in the Asian session   USDCHF Movement For the 24 hours to 23:00 GMT on Friday, the USD rose 0.25% against the CHF and closed at 0.9152. In the Asian session, at GMT0400, the pair is trading at 0.9163, with the USD [...]

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USD/JPY: US Dollar reverses previous session losses this morning

24 December 2012

GCI Forex News - USD/JPY: US Dollar reverses previous session losses this morning   USDJPY Movement For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.24% against the JPY and closed at 84.23, after the University of Michigan reported that its index of consumer sentiment unexpectedly deteriorated in December to 72.9 from [...]

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Posted in Forex News

EUR/USD: Fiscal-cliff drama to dominate Christmas week

24 December 2012

GCI Forex News - EUR/USD: Fiscal-cliff drama to dominate Christmas week   EURUSD Movement For the 24 hours to 23:00 GMT on Friday, EUR declined 0.38% against the USD and closed at 1.3188, as investor risk appetite continued to decrease a day after the Republican “Plan B” effort to avoid the fiscal cliff resulted in [...]

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GBP/USD: UK House prices declines in December, indicates Hometrack

24 December 2012

GCI Forex News - GBP/USD: UK House prices declines in December, indicates Hometrack   GBPUSD Movement For the 24 hours to 23:00 GMT on Friday, GBP fell 0.61% against the USD and closed at 1.6172, as investors sought safety in the greenback amid fears that political differences may hold up fiscal reforms in the US, [...]

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Crude Oil: Trading lower in the Asian session

23 December 2012

GCI Forex News - Crude Oil: Trading lower in the Asian session   Crude Oil Movement Crude Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 90.05, as investor sentiment improved following upbeat US economic data and amid demand from bottom fishers, wiping out earlier losses sustained on [...]

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Silver: White metal fell in line with decline in industrial metal prices

23 December 2012

GCI Forex News - Silver: White metal fell in line with decline in industrial metal prices   Silver Movement Silver prices declined 3.50% to the USD29.98 per ounce during the 24 hours ending 23:00GMT, as investors exercised caution over negotiations to avert the fiscal cliff in the US. The white metal has been under heavy [...]

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Gold: Yellow metal headed south as prices dip below $1650 per ounce

23 December 2012

GCI Forex News - Gold: Yellow metal headed south as prices dip below $1650 per ounce   Gold Movement Gold prices traded lower by 1.15% against the USD in the 24 hour period ending 23:00GMT, at 1648.44 per ounce, as the Euro fell against the dollar and talks to avoid a fiscal crisis in the [...]

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AUD/USD: Aussie plunges on RBA report, broker views

22 December 2012

GCI Forex News - AUD/USD: Aussie plunges on RBA report, broker views   AUDUSD Movement For the 24 hours to 23:00 GMT, AUD rose marginally against the USD to close at 1.0479. The Reserve Bank of Australia (RBA), in its monthly bulletin, forecasted weak growth for the nation in 2013, citing continuing weakness in the [...]

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Posted in Forex News

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