AUD/USD: Investors eye RBA Governor’s speech

Posted on March 26, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0461, as market sentiment for riskier currencies improved after Cyprus secured an international bailout preventing the country’s exit from the Euro-zone. LME Copper … Continue reading →

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EUR/USD: Euro gains as Cyprus secures bailout, avoids bankruptcy

Posted on March 25, 2013 by GCI Financial

  On Friday, EUR rose 0.62% against the USD and closed at 1.2983, as sentiment improved after Cyprus agreed with Greece on a takeover of the Greek units of Cypriot banks, easing fears of the country’s exit from the Euro-zone. … Continue reading →

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GBP/USD: Pound advances as Hometrack house prices rise the most in three years

Posted on March 25, 2013 by GCI Financial

  On Friday, GBP rose 0.31% against the USD and closed at 1.5227. However, gains in Pound were limited as ratings agency Fitch placed Britain’s ‘AAA’ rating on ‘Negative’ watch. The agency indicated that the persistently weak performance of UK … Continue reading →

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USD/JPY: Yen trading lower ahead of new BoJ Governor testimony

Posted on March 25, 2013 by GCI Financial

  On Friday, the USD weakened 0.51% against the JPY and closed at 94.44. In the Asian session, at GMT0400, the pair is trading at 94.89, with the USD trading 0.48% higher from Friday’s close, ahead of a testimony from … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on March 25, 2013 by GCI Financial

  On Friday, the USD declined 0.53% against the CHF and closed at 0.9412.. In the Asian session, at GMT0400, the pair is trading at 0.9393, with the USD trading 0.20% lower from Friday’s close. The pair is expected to … Continue reading →

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USD/CAD: Loonie advanced as oil prices rose on improved risk appetite; trading slightly lower this morning

Posted on March 25, 2013 by GCI Financial

  On Friday, the USD declined 0.18% against the CAD to close at 1.0227. The Canadian Dollar recorded gains as crude oil rose amid speculation that Cyprus is on the verge of finalizing a deal to avert a financial collapse, … Continue reading →

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AUD/USD: Aussie trading tad higher this morning

Posted on March 25, 2013 by GCI Financial

  On Friday, the AUD strengthened marginally against the USD to close at 1.0445, as riskier assets found demand in the market as investors speculated a potential resolution to the banking crisis in Cyprus. Market sentiment strengthened as political leaders … Continue reading →

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USD/CHF: Swiss trade surplus narrowed in February; Swissy trading tad lower this morning

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9464. In economic news, Switzerland’s international trade balance stood at a surplus of CHF2.10 billion in February, slightly narrower than the revised … Continue reading →

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EUR/USD: Euro dropped on Cyprus worries, weak European economic data; trading tad higher in the Asian session

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.28% against the USD and closed at 1.2903, as investors feared that Cyprus may not be able to come up with a new bailout plan by next week’s deadline as … Continue reading →

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GBP/USD: Pound gained on upbeat economic data, trading tad higher this morning

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.57% against the USD and closed at 1.5180, after UK retail sales recorded a jump in February and the public sector borrowing came in smaller-than-expected in February. Yesterday, retail sales … Continue reading →

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USD/JPY: Yen trading tad lower this morning

Posted on March 22, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 1.06% against the JPY and closed at 94.92. On the economic front, Japan’s all industry activity dropped 1.4% (MoM) in January, in line with the market forecast and compared … Continue reading →

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