EUR/USD: Greenback rose on positive economic data, trading marginally lower this morning

Posted on August 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.24% against the USD and closed at 1.2534. Yesterday, the US dollar rose amid positive economic data from the US and after the Federal Reserve in its Beige Book economic survey … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Sterling trading lower after yesterday’s rise

Posted on August 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.5821. There were no major releases in the UK yesterday. Meanwhile, in the US, the Conference Board reported that its consumer confidence index fell … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Successful bond auction boosts Euro, trading lower this morning

Posted on August 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.49% against the USD and closed at 1.2564, following a successful bond auctions in Italy and Spain. In a bond auction, the Spanish treasury sold €1.67 billion worth of three-month government … Continue reading →

Posted in EUR/USD | Leave a comment

USD/JPY: Pair trading steady this morning, awaits Japan retail trade data

Posted on August 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.19% against the JPY and closed at 78.60, as investors awaited the US Fed Chairman, Ben Bernanke’s Friday speech for signs of whether the central bank would opt for more monetary … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc losing steam in the Asian session

Posted on August 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.50% against the CHF and closed at 0.9558. In Switzerland, the UBS consumption indicator dropped to a reading of 1.55 in July, compared to a revised reading of 1.59 recorded in … Continue reading →

Posted in USD/CHF | Leave a comment

USD/CAD: Loonie trading flat ahead of HPI data in Canada

Posted on August 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.21% against the CAD to close at 0.9882, after the European Union President, Herman Van Rompuy stated that the region’s rescue fund is ready to aid Spanish banks, supporting demand for … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie drifting lower in the Asian session

Posted on August 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.05% against the USD to close at 1.0368. LME Copper prices rose 0.1% or $5.5/MT to $7605.8/MT. Aluminium prices rose 0.6% or $11.5/MT to $1882.5/MT. In the Asian session, at GMT0300, … Continue reading →

Posted in AUD/USD | Leave a comment

EUR/USD: EUR trading below 1.2500 level this morning

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2503, after reports showed that the German business confidence in July deteriorated to the lowest level since June 2010. The European Central Bank (ECB) … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Sterling extended its losses in the Asian session

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.5792. In the UK, the Hometrack house price index fell 0.1% (MoM) in August, in line with the market expectations. Meanwhile, the US Dallas … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Japan cuts its economy’s assessment for the first time in 10 months

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded steady against the JPY and closed at 78.75. The Chicago Federal Reserve President, Charles Evans stated that the Fed should immediately launch a fresh round of monetary stimulus and buy bonds … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc down ahead of UBS consumption indicator data in Switzerland

Posted on August 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CHF and closed at 0.9606. The Swiss National Bank (SNB) stated that it would refrain for now from asking banks to build up more capital to protect them … Continue reading →

Posted in USD/CHF | Leave a comment