AUD/USD: Aussie trading lower after Friday’s rise

Posted on September 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.12% against the USD to close at 1.0558, as the greenback continued to remain under pressure after the Federal Reserve on Thursday announced plans to stimulate the US economy. … Continue reading →

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USD/CAD: Loonie fell amid weak Canadian manufacturing sales data, trading marginally higher this morning

Posted on September 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.26% against the CAD to close at 0.9711. The Loonie came under pressure after the manufacturing sales in Canada fell 1.5% (MoM) to $48.3 billion in July, making … Continue reading →

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USD/CHF: Pair continues its southward journey

Posted on September 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.86% against the CHF and closed at 0.9272. In economic news, industrial production in the US fell 1.2% (MoM) in August, marking the steepest decline since March 2009 and … Continue reading →

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USD/JPY: Dollar trading lower against Yen in the Asian session

Posted on September 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD strengthened 1.02% against the JPY and closed at 78.37. The Yen came under pressure, after Japan lowered the assessment for its economy, marking the first consecutive downgrade since 2009. Additionally, … Continue reading →

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GBP/USD: Pound tad lower this morning

Posted on September 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.46% against the USD and closed at 1.6227, on broad dollar weakness In the Asian session, at GMT0300, the pair is trading at 1.6221, with the GBP trading marginally … Continue reading →

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EUR/USD: Euro marginally higher ahead of Euro-zone trade balance data

Posted on September 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.98% against the USD and closed at 1.3121. On Friday, the Dollar extended its losses after the Federal Reserve on Thursday announced plans to stimulate the economy with quantitative … Continue reading →

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AUD/USD: Greenback continues its fall in the Asian session

Posted on September 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.79% against the USD to close at 1.0545. In the US, initial jobless claims jumped by 15,000 to a seasonally adjusted 382,000 in the week ended September 8, compared to the … Continue reading →

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USD/CAD: USD tumbles against CAD after Fed announces easing plan

Posted on September 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.76% against the CAD to close at 0.9686, after the Federal Reserve announced a third round of stimulus measures to boost economic growth in the US. In Canada, new housing price … Continue reading →

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USD/CHF: SNB left interest rate unchanged at 0.00-0.25%

Posted on September 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.22% against the CHF and closed at 0.9352. In Switzerland, the producer price index rose by a seasonally adjusted 0.5% (MoM) in August, against the expectations for a 0.4% decline. Yesterday, … Continue reading →

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USD/JPY: Yen lower ahead of Japanese industrial production data

Posted on September 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 77.58. Yesterday, the Federal Reserve has lowered its growth forecast to 2% in 2012, down from June’s forecast for as much as 2.4% growth. … Continue reading →

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GBP/USD: Pound continues its northward rally in the Asian session

Posted on September 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.6153. The Bank of England, in its quarterly bulletin, stated that the investors’ uncertainty about inflation rose substantially during the financial crisis, and citied … Continue reading →

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