EUR/USD: Euro continues its gains but ECB uncertainty keeps investors cautious

Posted on August 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD and closed at 1.2353. The Euro started the week with gains, after German magazine, Der Spiegel, on Sunday reported that the European Central Bank (ECB) would define … Continue reading →

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USD/CHF: Pair marginally lower in the Asian session

Posted on August 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.13% against the CHF and closed at 0.9723. In the US, the Chicago Fed national activity index rose lower-than-expected to -0.13 in July, compared to a reading of -0.34 in June. … Continue reading →

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USD/JPY: Yen trading higher this morning; Japanese all industry activity data awaited

Posted on August 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.15% against the JPY and closed at 79.40. In Japan, the leading index declined to a reading of 93.2 in June, compared to the previous month’s reading of 95.2. Meanwhile, the … Continue reading →

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GBP/USD: Sterling tad higher in the Asian session

Posted on August 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5712. In the Asian session, at GMT0300, the pair is trading at 1.5719, with the GBP trading marginally higher from yesterday’s close. The pair … Continue reading →

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AUD/USD: Aussie fell as RBA keeps room for monetary easing, trading higher in the Asian session

Posted on August 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD weakened 0.96% against the USD to close at 1.0416, after the Australian Treasury stated that Reserve Bank of Australia (RBA) would be able to ease monetary policy if the currency’s … Continue reading →

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USD/CAD: CAD lower on soft inflation data, trading marginally higher this morning

Posted on August 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD rose 0.23% against the CAD to close at 0.9889. The Canadian Dollar declined, after the nation’s inflation unexpectedly slowed in July, easing speculation that the central bank would raise interest … Continue reading →

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USD/CHF: Swissy trading between its MA’s

Posted on August 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD rose 0.21% against the CHF and closed at 0.9740. In the Asian session, at GMT0300, the pair is trading at 0.9737, with the USD trading marginally lower from Friday’s close. … Continue reading →

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USD/JPY: USD rose on fading QE hopes

Posted on August 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.30% against the JPY and closed at 79.56, as positive consumer sentiment data from the US, strengthened belief that the a new round of QE might remain elusive. Meanwhile, … Continue reading →

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GBP/USD: Pound trading marginally higher after Friday’s fall

Posted on August 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.31% against the USD and closed at 1.5687. In the Asian session, at GMT0300, the pair is trading at 1.5691, with the GBP trading marginally higher from Friday’s close. … Continue reading →

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EUR/USD: Euro tad higher in the Asian session, as Euro leaders prepare for debt crisis talks

Posted on August 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.21% against the USD and closed at 1.2331. The US dollar rose against the Euro after the Thomson Reuters/University of Michigan preliminary consumer sentiment index for August hit its … Continue reading →

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AUD/USD: Pairing yesterday’s gain this morning

Posted on August 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 1.0517, on comments by German Chancellor, Angela Merkel about the role of the European Central Bank (ECB) in the region’s debt crisis. The Australian … Continue reading →

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