Monthly Archives: April 2012

USD/CAD: Canadian Dollar tad higher this morning

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.21% against the CAD to close at 0.9968. In the Asian session, at GMT0300, the pair is trading at 0.9953, with the USD trading 0.14% lower from yesterday’s close. Canadian … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of unemployment data in Switzerland

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.31% against the CHF and closed at 0.9165. The trading volumes were muted amid thin market conditions in European hours yesterday, with traders away from their desks for the extended … Continue reading →

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USD/JPY: Bank of Japan keeps key rate on hold

Posted on April 10, 2012 by GCI Financial

    For the 24 hours to 23:00 GMT, USD strengthened 0.23% against the JPY and closed at 81.57. Earlier during the session the Japanese Yen was trading higher, after Japan’s current account swung to a surplus in February. Economic … Continue reading →

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GBP/USD: Pound extends its gains this morning after a better-than-expected RICS Housing Price Balance data in the UK

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.23% against the USD and closed at 1.5902. However, during the intraday session it came under pressure, as market participants were jittery amid new uncertainty over the extent of the … Continue reading →

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EUR/USD: Euro firms as Friday’s jobs data in the US supported QE3 talk‎

Posted on April 10, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3115, amid speculation that a sluggish labor market in the US would prompt Federal Reserve to open the door to more easing measures, … Continue reading →

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Trading signals for Monday 09-04-2012

Posted on April 9, 2012 by GCI Financial

Forex, Commodities and Index signals for Monday 09-04-2012 11:00 GMT Continue reading →

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USD recovers lost ground

Posted on April 9, 2012 by GCI Financial

The dollar had a surprise recovery overnight, and quickly reclaimed all ground lost to the euro after Friday’s weak US payrolls. However, flows were light as New Zealand, Australia, and Hong Kong remained closed. A stronger-than-expected China CPI failed to generate much interest, and allowed AUDUSD to take the news largely in its stride. Continue reading →

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Trading signals for Friday 06-04-2012

Posted on April 6, 2012 by GCI Financial

Forex, Commodities and Index signals for Friday 06-04-2012 11:00 GMT Continue reading →

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Trading signals for Thursday 05-04-2012

Posted on April 5, 2012 by GCI Financial

Forex, Commodities and Index signals for Thursday 05-04-2012 11:00 GMT Continue reading →

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Focus on Swiss CPI

Posted on April 5, 2012 by GCI Financial

Subdued trading in Asia meant EURUSD was confined to a 25-pip range. The price action in USDJPY and AUDUSD was somewhat more lively, but flows were light across the board in pre-holiday trade. Newswires would have been mostly silent were it not for Japan’s Finance Minister Azumi defending his intervention policy. Continue reading →

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AUD/USD: Trading higher this morning

Posted on April 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 1.0276, after the Australia’s trade account unexpectedly remained in deficit for a second straight month in February. In the Asian session, at GMT0300, the … Continue reading →

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