Monthly Archives: January 2012

AUD/USD: Aussie recoups some of yesterday’s losses this morning

Posted on January 6, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.01% against the USD to close at 1.0247. In the Asian session, at GMT0400, the pair is trading at 1.0253, with the AUD trading 0.06% higher from yesterday’s close. LME … Continue reading →

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USD/CAD: Falling oil prices kept Loonie lower, trading higher this morning

Posted on January 6, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.67% against the CAD to close at 1.0199. Canadian dollar fell against the US dollar amid decline in oil prices and as rising bond yields in France indicated renewed Euro-zone … Continue reading →

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USD/CHF: Pair trading flat this morning, Swiss consumer price data awaited today

Posted on January 6, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 1.14% against the CHF and closed at 0.9529. In the Asian session, at GMT0400, the pair is trading at 0.9526, with the USD trading slightly lower from yesterday’s close. The … Continue reading →

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USD/JPY: Pair trading above its MA’s

Posted on January 6, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD strengthened 0.55% against the JPY and closed at 77.16. This morning, Japan’s Finance Minister, Jun Azumi called for stronger efforts by Europe to stem the region’s debt crisis and the falling … Continue reading →

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GBP/USD: Pound trading slightly higher in the Asian session

Posted on January 6, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.76% against the USD and closed at 1.5492. However, some losses in British Pound were recouped after a report showed that services industries in the UK expanded at the fastest … Continue reading →

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EUR/USD: Euro backpedals as French borrowing costs rose, trading marginally higher this morning

Posted on January 6, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 1.16% against the USD and closed at 1.2785, after French borrowing costs increased at the bond auction. The French government has sold €8 billion of various government bonds, including €4.02 … Continue reading →

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Trading signals for Thursday 05-01-2012

Posted on January 5, 2012 by GCI Financial

Forex, Commodities and Index signals for Thursday 05-01-2012 11:00 GMT Continue reading →

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Focus on French auction

Posted on January 5, 2012 by GCI Financial

FX markets traded mostly sideways during the Asia session, although the dollar enjoyed a very modest bid tone. News reports over the state of Spain’s governments and banks are leading to further uncertainty, even though the overall story is not new. As such, we still regard any rally above 1.30 in EURUSD as unsustainable. Continue reading →

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AUD/USD: Aussie trading lower, Australian trade balance surplus declined

Posted on January 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 1.0352. In the Asian session, at GMT0400, the pair is trading at 1.0328, with the AUD trading 0.23% lower from yesterday’s close, after … Continue reading →

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USD/CAD: Canadian dollar continues to trade lower this morning

Posted on January 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.20% against the CAD to close at 1.0131, as renewed concerns about the Euro-zone debt crisis diminished appeal for high-yielding assets. In the Asian session, at GMT0400, the pair is … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning after yesterday’s losses

Posted on January 5, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 1.07% against the CHF and closed at 0.9422. In the Asian session, at GMT0400, the pair is trading at 0.9421, with the USD trading slightly lower from yesterday’s close. The … Continue reading →

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