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Monthly Archives: February 2011
Steady this morning
For the 24 hours to 23:00 GMT, USD declined 1.02% against the CHF and closed at 0.9496. In the Asian session, at 4:00GMT, the pair is trading at 0.9500, 0.04% higher from the New York session close. The pair has … Continue reading
Posted in USD/CHF
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Bank of Japan meeting minutes indicate policymakers more confident
For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 82.32. In Japan yesterday, coincident composite index (CI) which reflects current business conditions rose by 1.1 points to 103.5 in December following a 1.4 … Continue reading
Posted in USD/JPY
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Rises, BoE’s Governer, King’s speech awaited
For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.6174. The pair opened the Asian session at 1.6174, and is trading at 1.6175 at 4.00GMT. The pair is trading 0.01% higher from the … Continue reading
Posted in GBP/USD
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Trading flat after dollar’s yesterday fall
For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.3607. The dollar turned lower against the euro and other major currencies yesterday. In the US, consumer price index rose 0.4% (MoM) in January, … Continue reading
Posted in EUR/USD
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Dollar still weakened against most of its G10 peers
A lack of news flow ensured a relatively subdued Asia session, although the dollar still weakened against most of its G10 peers. EURUSD traded 1.3536-1.3609, USDJPY 83.50-83.86. The FOMC minutes showed diminishing downside risks, however, the “assessment of the most likely outcomes for economic activity and inflation over the projection period was not greatly changed.” Continue reading
Posted in Market Snapshot
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Gaining strength
For the 24 hours to 23:00 GMT, EUR rose 0.55% against the USD and closed at 1.3565. In the US, Bureau of Labor Statistics reported that PPI for finished goods rose 0.8% in January, this advance followed increases of 0.9% … Continue reading
Posted in EUR/USD
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Investors await pointers from the BoJ monetary policy meeting
For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 83.63. In the Asian session at 4:00GMT, the pair is trading lower from the New York close, by 0.06%, at 83.58. The first short … Continue reading
Posted in USD/JPY
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CHF continues to cement gains
For the 24 hours to 23:00 GMT, USD declined 0.79% against the CHF and closed at 0.9594. In the Asian session, at 4:00GMT, the pair is trading at 0.9587, 0.07% lower from the New York session close. The pair has … Continue reading
Posted in USD/CHF
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Monetary policy report in Canada awaited
For the 24 hours to 23:00 GMT, USD declined 0.45% against the CAD to close at 0.9853. In the US, industrial production decreased 0.1% in January 2011, after having risen 1.2% in December, while capacity utilization rate came in at … Continue reading
Posted in USD/CAD
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Adding to yesterday’s gains
For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 1.0025. In the Asian session at 4:00GMT, the pair is trading at 1.0036, 0.11% higher from the New York session close. LME Copper prices … Continue reading
Posted in AUD/USD
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Shining again
Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1,375.05 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,378.03 per ounce, 0.22% higher from 23:00GMT. The pair … Continue reading
Posted in Gold
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