EUR/USD: Euro continues its fall in the Asian session

Posted on October 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the EUR declined 0.47% against the USD and closed at 1.2852, amid risk aversion among investors following the weak US manufacturing and confidence data. In the US, the Chicago purchasing managers’ … Continue reading →

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AUD/USD: Trading higher in the Asian session

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.75% against the USD to close at 1.0449. In the US, initial claims for unemployment fell by down 26,000 to 359,000 for the week ended September 22, making it the lowest … Continue reading →

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USD/CAD: Loonie higher ahead of Canadian GDP data

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 0.9809, as risk appetite received a boost after Spain’s cabinet approved its budget and stated that it would ease the nation’s debt crisis. … Continue reading →

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USD/CHF: Dollar continues its fall against Swiss Franc in the Asian session

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9377, after data showed that the US economy expanded 1.3% in the second quarter of 2012, down from a preliminary estimate of 1.7%. … Continue reading →

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USD/JPY: Yen marginally higher against the USD in the Asian session

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.08% against the JPY and closed at 77.63. In the Asian session, at GMT0300, the pair is trading at 77.54, with the USD trading 0.12% lower from yesterday’s close. This … Continue reading →

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GBP/USD: UK GDP contracted less-than-expected in the Q2 of 2012; Pound continues its rally this morning

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.36% against the USD and closed at 1.6232, after data showed that the UK economy contracted less-than-expected in the 2nd quarter of 2012. In the UK, Gross Domestic Product (GDP) contracted … Continue reading →

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EUR/USD: Euro continues its gains as Spain announced economic reforms and a tough 2013 budget

Posted on September 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.2911, after Spain announced economic reforms and a tough 2013 budget based primarily on spending cuts. Speaking at a press conference, the Spain’s … Continue reading →

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AUD/USD: Aussie continue its northward rally this morning

Posted on September 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.12% against the USD to close at 1.0374. LME Copper prices declined 1.3% or $105.0/MT to $8130.3/MT. Aluminium prices declined 1.0% or $20.0/MT to $2048.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Risk aversion weighed on Loonie, trading higher this morning

Posted on September 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD to close at 0.9844. The Loonie remain under pressure, as risk aversion increased after the European Central Bank official, Joerg Asmussen, warned that it would not … Continue reading →

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

Posted on September 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9388. The Swiss franc followed the Euro down against the greenback yesterday on concern about Spain’s need for a bailout. In the US, … Continue reading →

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USD/JPY: Yen higher ahead of series of economic data in Japan

Posted on September 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 77.74. In the Asian session, at GMT0300, the pair is trading at 77.64, with the USD trading 0.13% lower from yesterday’s close. The … Continue reading →

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