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GBP/USD: Pound fell on more dovish than expected BoE’s Inflation report, trading higher in the Asian session

15 November 2012

GCI Forex News - GBP/USD: Pound fell on more dovish than expected BoE’s Inflation report, trading higher in the Asian session   GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.5839, after the BoE lowered its growth forecast for the Q4 FY2012. Yesterday, the Bank [...]

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USD/JPY: Yen plunges as Yoshihiko Noda proposes snap elections

15 November 2012

GCI Forex News - USD/JPY: Yen plunges as Yoshihiko Noda proposes snap elections   USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.93% against the JPY and closed at 80.20. The Yen came under pressure after Japan’s Prime Minister, Yoshihiko Noda, said he was set to dissolve parliament and hold a [...]

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AUD/USD: Australian consumer inflation expectation drops in November

15 November 2012

GCI Forex News - AUD/USD: Australian consumer inflation expectation drops in November   AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.76% against the USD to close at 1.0365. LME Copper prices rose 0.4% or $28.5/MT to $7634.8/MT. Aluminium prices rose 1.1% or $21.8/MT to $1965.5/MT. In the Asian session, at GMT0400, [...]

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USD/CHF: Swiss PPI declined in October

14 November 2012

GCI Forex News - USD/CHF: Swiss PPI declined in October   USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9472. Switzerland’s producer price index (PPI) retreated 0.1% (MoM) in October, compared to a 0.3% rise recorded in the previous month. In the Asian session, [...]

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USD/CAD: Greenback weakens on rising risk appetite

14 November 2012

GCI Forex News - USD/CAD: Greenback weakens on rising risk appetite   USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD to close at 1.0017. In the US economic news, the National Federation of Independent Business’s (NFIB) Small-Business Optimism Index rose to a reading of 93.1 in October, [...]

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AUD/USD: Australian Dollar trading higher on improved consumer sentiment

14 November 2012

GCI Forex News - AUD/USD: Australian Dollar trading higher on improved consumer sentiment   AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0444. LME Copper prices declined 0.3% or $20.0/MT to $7606.3/MT. Aluminium prices rose 0.8% or $14.8/MT to $1943.8/MT. In the Asian session, at [...]

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USD/JPY: Greenback trading lower against the Yen in the Asian session

13 November 2012

GCI Forex News - USD/JPY: Greenback trading lower against the Yen in the Asian session   USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 79.61. Yesterday, Japan’s Economy Minister, Seiji Maehara stated that the negative effects on Japan’s economic growth from the ongoing territorial [...]

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USD/CAD: Greenback inches higher in the Asian session

13 November 2012

GCI Forex News - USD/CAD: Greenback inches higher in the Asian session   USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.0001. In the Asian session, at GMT0400, the pair is trading at 1.0004, with the USD trading marginally higher from yesterday’s close. The [...]

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