USD/CAD: Loonie marginally higher in the Asian session

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CAD to close at 0.9862. In the Asian session, at GMT0300, the pair is trading at 0.9857, with the USD trading 0.05% lower from yesterday’s close. The pair … Continue reading →

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USD/CHF: SNB Chairman, Thomas Jordan reiterated his commitment to defend the Euro-Franc ceiling

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.06% against the CHF and closed at 0.9544. Yesterday, Swiss National Bank Chairman, Thomas Jordan, stated that the bank would continue to do everything in its power to enforce cap on … Continue reading →

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USD/JPY: Greenback trading higher this morning

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 78.31. In the Asian session, at GMT0300, the pair is trading at 78.37, with the USD trading 0.08% higher from yesterday’s close. This morning, … Continue reading →

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GBP/USD: Improved UK manufacturing data pushed Sterling higher

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.06% against the USD and closed at 1.5880, following better-than-expected UK manufacturing data. In the UK, Markit manufacturing purchasing managers’ index rose to a reading of 49.5 in August, moving much … Continue reading →

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EUR/USD: Euro continues its northward journey amid ECB bond purchase optimism

Posted on September 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.2583, amid growing expectations that the European Central Bank (ECB) is working on measures to help stabilize the Euro-zone’s sovereign debt markets ahead of … Continue reading →

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AUD/USD: Australian Dollar came under pressure after Australian retail sales fell unexpectedly in July

Posted on September 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.33% against the USD to close at 1.0328, after the US Federal Reserve Chairman, Ben Bernanke said in a speech that the US central bank would consider rolling out … Continue reading →

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USD/CAD: Canadian GDP grew 1.8% in Q2

Posted on September 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.66% against the CAD to close at 0.9858. In Canada, annualized gross domestic product rose 1.8% (QoQ) in the second quarter of 2012 against the market expectation for a … Continue reading →

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USD/CHF: Pair marginally higher ahead of PMI and retail sales data in Switzerland

Posted on September 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.58% against the CHF and closed at 0.9544. In the US, the Thomson Reuters/University of Michigan final sentiment index climbed to a reading of 74.3, a three-month high. Additionally, … Continue reading →

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USD/JPY: Trading below its MA’s

Posted on September 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.37% against the JPY and closed at 78.28, after the Federal Reserve Chairman, Ben Bernanke, left the door open to a further monetary easing. In the Asian session, at … Continue reading →

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GBP/USD: Pound trading lower after Friday’s gain

Posted on September 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.56% against the USD and closed at 1.5877. In economic news, in the UK, Nationwide house prices declined 0.7% annually in August, compared to a 2.6% drop in July. … Continue reading →

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EUR/USD: Greenback fell on Ben Bernanke comments, trading marginally higher in the Asian session

Posted on September 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.58% against the USD and closed at 1.2582. The US dollar came under pressure after the US Federal Reserve Chairman, Ben Bernanke, at Jackson Hole summit expressed deep worry … Continue reading →

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