USD/CAD: Loonie higher ahead of CPI data in Canada

Posted on September 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 0.9764. In the US, Markit preliminary manufacturing Purchasing Managers Index (PMI) stood at 51.5 in September, unchanged from August. Additionally, the US initial … Continue reading →

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USD/JPY: Greenback continue to decline versus the Yen in Asian session

Posted on September 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 78.28, as disappointing US jobless claims data added to concerns over the outlook for global economic growth, following a string of weak economic … Continue reading →

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GBP/USD: UK retail sales fell less-than-expected in August

Posted on September 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.05% against the USD and closed at 1.6218. Yesterday, the Bank of England (BoE) Governor, Mervyn King, stated that it would be acceptable for the UK government to miss a key … Continue reading →

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EUR/USD: Euro fell as Euro-zone manufacturing activity remained in contraction, trading higher this morning

Posted on September 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.2975, after data showed that manufacturing activity in the Euro-zone remained in the contraction territory. Adding to the gloom, the Italian government revised … Continue reading →

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GBP/USD: Policymakers unanimously voted to leave policy unchanged: BoE Minutes

Posted on September 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.6226. Yesterday, the minutes of the Bank of England’s (BoE) latest monetary policy meeting revealed that the policymakers unanimously voted in favour of leaving … Continue reading →

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AUD/USD: S&P affirmed Australia’s AAA rating with a stable outlook

Posted on September 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.33% against the USD to close at 1.0475. Yesterday, the rating agency, Standard & Poor’s affirmed Australia’s AAA rating with a stable outlook, citing nation’s economic prospects remain favorable. However, the … Continue reading →

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USD/CAD: Canada Dollar slips in line with declining oil prices

Posted on September 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 0.9749. In the US, the National Association of Realtors reported that the existing home sales rose 7.8% (MoM) in August, highest pace since … Continue reading →

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USD/CHF: Pair trading higher in the Asian session

Posted on September 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9273. In Switzerland, ZEW economic expectations index fell to a reading of -34.9 in September, from -33.3 in the preceding month. In the … Continue reading →

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EUR/USD: Euro trading lower ahead of Euro-zone PMI data

Posted on September 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.05% against the USD and closed at 1.3050. Yesterday, the Greek officials stated that the Troika of international inspectors has accepted Greek measures “worth €8.5 to 9.5 billion” out of a … Continue reading →

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USD/JPY: Japan’s exports fall, trade deficit widens

Posted on September 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD weakened 0.53% against the JPY and closed at 78.39. Yesterday, the Bank of Japan (BoJ) Governor, Masaaki Shirakawa, stated that Japan’s economic recovery might be delayed by six months due to … Continue reading →

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USD/JPY: Bank of Japan eases monetary policy in surprise move

Posted on September 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, the USD strengthened 0.10% against the JPY and closed at 78.81. In the Asian session, at GMT0300, the pair is trading at 78.62, with the USD trading 0.24% lower from yesterday’s close. The … Continue reading →

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