Monthly Archives: February 2012

AUD/USD: Aussie trading lower after retail sales in Australia unexpectedly fell in December

Posted on February 6, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.60% against the USD on Friday to close at 1.0770. In the Asian session, at GMT0400, the pair is trading at 1.0725, with the AUD trading 0.42% lower from Friday’s close, … Continue reading →

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USD/CAD: Canadian dollar rose on higher risk appetite, trading lower this morning

Posted on February 6, 2012 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD to close at 0.9932. Canadian dollar advanced as stronger economic data from the US, nation’s biggest trade partner, supported appetite for riskier assets. The unemployment … Continue reading →

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USD/CHF: Swiss Franc continues its downfall in the Asian session

Posted on February 6, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF on Friday and closed at 0.9186. The Swiss Real Estate Bubble Index advanced to 0.80 in the fourth quarter, compared to 0.58 in the previous quarter. In … Continue reading →

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USD/JPY: Greenback gained on upbeat US jobs report

Posted on February 6, 2012 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD strengthened 0.49% against the JPY and closed at 76.56, after an unexpectedly strong US jobs report showed American employers added 243,000 workers in January, following an upwardly revised 157,000 additional … Continue reading →

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GBP/USD: GBP advanced after UK services PMI rose to a 10-month high, trading lower this morning

Posted on February 6, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.08% against the USD on Friday and closed at 1.5818, after the service sector Purchasing Managers’ Index (PMI) in the UK rose unexpectedly to 56.0 in January, marking its highest level … Continue reading →

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EUR/USD: Euro extends its losses on mounting Greek debt concerns

Posted on February 6, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined marginally against the USD on Friday and closed at 1.3142, as leaders failed to reach an agreement with Greek bondholders on a restructuring of the nation’s debt. The Financial Times reported … Continue reading →

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Trading signals for Friday 03-02-2012

Posted on February 3, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 03-02-2012 11:00 GMT Continue reading →

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Interest in USDJPY is intensifying

Posted on February 3, 2012 by GCI Financial

Radio silence out of Europe has kept investors in wait-and-see mode for yet another overnight session. However, interest in USDJPY is intensifying given the pair is hovering above key levels and US payrolls is just hours away. As far as economic data goes, the yen shows greatest sensitivity to the US employment situation, and a weak report later would likely give the yen another push higher. Continue reading →

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USD/CHF: Swiss Franc continues its downward journey this morning

Posted on February 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CHF and closed at 0.9168. Swiss Franc came under pressure, after the trade surplus in Switzerland narrowed to CHF2.07 billion in December, compared to a downwardly revised surplus … Continue reading →

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USD/JPY: Pair showing convergence with its MA’s

Posted on February 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.19. Bank of Japan Deputy Governor, Hirohide Yamaguchi has hinted that the Central Bank stands ready for additional easing measures in the event of … Continue reading →

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USD/CAD: Loonie trading steady ahead of Canadian unemployment report

Posted on February 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD to close at 0.9994, as Greece and its creditors struggle to reach an agreement on a debt swap, dampening demand for higher-yielding assets. Meanwhile, Dallas Federal Reserve … Continue reading →

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