EUR/USD: Euro trading lower this morning ahead of a string of economic releases in the Euro-zone

Posted on October 16, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.26% against the USD and closed at 1.2968. Yesterday, investors were left disappointed as Spain did not request financial aid over the weekend and as investors speculated that request for … Continue reading →

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GBP/USD: Trading lower this morning despite positive UK house prices data

Posted on October 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.08% against the USD and closed at 1.6057. On Friday, the Conference Board’s leading economic index in the UK rose 0.2% in August, compared to a 0.1% rise in … Continue reading →

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AUD/USD: Aussie down in Asian hours

Posted on October 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.33% against the USD to close at 1.0222. Over the weekend, Australia’s largest trading partner, China reported a $27.7 billion trade surplus in September, the largest since … Continue reading →

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USD/CAD: Global concerns continue to weigh on demand for riskier currencies

Posted on October 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD rose 0.21% against the CAD to close at 0.9806. In the Asian session, at GMT0300, the pair is trading at 0.981, with the USD trading marginally higher from … Continue reading →

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USD/CHF: Greenback trading higher this morning

Posted on October 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD declined marginally against the CHF and closed at 0.9349. In the Asian session, at GMT0300, the pair is trading at 0.9365, with the USD trading 0.17% higher from … Continue reading →

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USD/JPY: Japanese government lowered its assessment for the economy

Posted on October 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.07% against the JPY and closed at 78.48, after the release of the better-than-expected consumer sentiment report for October. According to a report released by Thomson Reuters … Continue reading →

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EUR/USD: Euro rose on positive industrial production data from the Euro-zone, trading lower this morning

Posted on October 15, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT on Friday, EUR rose marginally higher against the USD and closed at 1.2934, as positive industrial production data from the Euro-zone boosted investor sentiment. On Friday, at the 2012 Annual Meetings of … Continue reading →

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USD/JPY: Yen fell on intervention fear, trading higher this morning

Posted on October 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.43% against the JPY and closed at 78.42. The Japanese Yen came under pressure amid warning signs that Bank of Japan could take further steps to weaken its currency. The … Continue reading →

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AUD/USD: Pair extends its gains this morning on higher risk appetite

Posted on October 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 1.0256, amid a report showing that US unemployment-benefit applications fell to the least since February 2008, boosting risk appetite. LME Copper prices rose … Continue reading →

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USD/CAD: Loonie rose on positive economic data from Canada, trading lower in the Asian session

Posted on October 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 0.9786. The Canadian Dollar was bolstered after nations’ trade deficit narrowed and amid a rise in its new housing price index. Canada’s … Continue reading →

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USD/CHF: Pair trading marginally higher in the Asian session

Posted on October 12, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CHF and closed at 0.9350. In the Asian session, at GMT0300, the pair is trading at 0.9353, with the USD trading marginally higher from yesterday’s close. … Continue reading →

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