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16 January 2013
GCI Forex News - GBP/USD: Pound reverses previous session losses GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6062, as market sentiment was hit by concerns over the US debt ceiling debate. In the UK economic news, the retail price index climbed 3.1% (YoY) [...]
Posted in Forex News
15 January 2013
GCI Forex News - USD/CHF: Pair trading above its MA’s USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CHF and closed at 0.9227. In the Asian session, at GMT0400, the pair is trading at 0.9243, with the USD trading 0.17% higher from yesterday’s close. The pair is expected [...]
Posted in Forex News
15 January 2013
GCI Forex News - USD/CAD: Canadian Dollar trading lower in the Asian session USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 0.9837. The Canadian Dollar moved higher after a report showed improved confidence in the domestic business community. Yesterday, the Bank of Canada’s winter [...]
Posted in Forex News
15 January 2013
GCI Forex News - AUD/USD: Aussies reverses previous session gains AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.26% against the USD to close at 1.0564. LME Copper prices declined 0.5% or $41.0/MT to $8029.8/MT. Aluminium prices declined 0.7% or $14.5/MT to $2062.3/MT. In the Asian session, at GMT0400, the pair is [...]
Posted in Forex News
14 January 2013
GCI Forex News - USD/JPY: BoJ must set a 2.0% inflation target, indicates Shinzo Abe USDJPY Movement For the 24 hours to 23:00 GMT on Friday, the USD weakened 89.19% against the JPY and closed at 89.18. In economic news, the Eco Watchers’ current index in Japan rose to a reading of 45.8 in [...]
Posted in Forex News
14 January 2013
GCI Forex News - GBP/USD: Downbeat UK economic data weighed on Pound, trading higher in the Asian session GBPUSD Movement For the 24 hours to 23:00 GMT on Friday, GBP fell 0.19% against the USD and closed at 1.6134, amid disappointing UK economic data. On Friday, the annual industrial production fell 2.4% in November, [...]
Posted in Forex News
14 January 2013
GCI Forex News - EUR/USD: Euro extending its Friday’s gains EURUSD Movement For the 24 hours to 23:00 GMT on Friday, EUR rose 0.53% against the USD and closed at 1.3343. The Euro on Friday catapulted to its highest level against the Dollar since April 2012, a day after the European Central Bank, Chief [...]
Posted in Forex News
13 January 2013
GCI Forex News - Crude Oil: Crude Oil gained amid upbeat Chinese trade data and declining Saudi output levels Crude Oil Movement Crude Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 94.07, amid news that top world oil exporter, Saudi Arabia had reduced production in response to [...]
Posted in Forex News