GBP/USD: Sterling fell amid risk aversion, trading higher in the Asian session

Posted on September 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6177, as risk aversion increased on growing concerns about Spain’s need for a bailout. In the UK, CBI realized trades rose more-than-expected to a … Continue reading →

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EUR/USD: Euro down on Spain and Greece worries

Posted on September 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2881, after the Bank of Spain reported that Spain’s gross domestic product would probably fall at a “significant rate” in the third quarter of … Continue reading →

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GBP/USD: Pound trading flat in the Asian session

Posted on September 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.19% against the USD and closed at 1.6194. In the UK, the number of mortgage approvals for house purchase rose to 30,533 in August, up from 28,750 in July. Meanwhile, … Continue reading →

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AUD/USD: Aussie continue to decline on risk aversion

Posted on September 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.58% against the USD to close at 1.0360, as investors shifted from higher-risk currencies, after Philadelphia Federal Reserve President, Charles Plosser said that the Fed’s new bond-buying program may not … Continue reading →

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USD/CAD: Canadian retail sales rose more-than-expected in July

Posted on September 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD to close at 0.9814. In Canada, retail sales jumped 0.7% (MoM) in July, against the market expectation for 0.2% rise. In the Asian session, at GMT0300, … Continue reading →

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USD/CHF: Downside risks to the Swiss economy would stay high: SNB’s Thomas Jordan

Posted on September 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9377. Yesterday, the Swiss National Bank (SNB) Chairman, Thomas Jordan, affirmed that the EUR/CHF cap remained the right tool, given that the … Continue reading →

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USD/JPY: Yen extends its rally in the Asian session

Posted on September 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.11% against the JPY and closed at 77.79. In Japan, small business confidence index rose to a reading of 45.1 in September, compared to a reading of 44.8 in … Continue reading →

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EUR/USD: S&P slashed its 2012-2013 Euro-zone growth forecasts; Euro trading higher this morning

Posted on September 26, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.34% against the USD and closed at 1.2897, as investors remain cautious amid uncertainty over whether Spain would request a full scale sovereign bailout. The Euro came under further pressure … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on September 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0421, as optimism related to recent announcements of monetary easing by world central banks was overshadowed by ongoing uncertainty over whether Spain will … Continue reading →

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USD/CAD: Loonie trading marginally lower ahead of retail sales data in Canada

Posted on September 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 0.9784. The Bank of Canada Governor, Mark Carney, stated that the China’s present economic slowdown and that of other Asian countries such … Continue reading →

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

Posted on September 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 0.9348. In the US, the Federal Reserve Bank of Dallas business activity index rose to -0.9 in September from -1.6 in August. … Continue reading →

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