USD/CAD: Loonie marginally lower ahead of Canadian consumer price data

Posted on August 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.29% against the CAD to close at 0.9866. Yesterday, the German Chancellor, Angela Merkel, stated that Canada is an example of how one can emerge from the crisis in a robust … Continue reading →

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USD/CHF: Swiss economic sentiment rose in August: ZEW

Posted on August 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.58% against the CHF and closed at 0.9720. In Switzerland, the Centre for European Economic Research (ZEW) indicator of economic sentiment rose by 9.2 points to a reading of -33.3 in … Continue reading →

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USD/JPY: Greenback continues its rally against Yen

Posted on August 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.39% against the JPY and closed at 79.32. In the Asian session, at GMT0300, the pair is trading at 79.37, with the USD trading 0.06% higher from yesterday’s close. The pair … Continue reading →

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GBP/USD: Pound rose on better-than-expected UK retail sales data, trading lower in the Asian session

Posted on August 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5736, amid better-than-expected UK retail sales data. In the UK, retail sales rose 0.3% (MoM) in July, against the forecast for a 0.1% drop … Continue reading →

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EUR/USD: Euro rose on Angela Merkel comment, tad lower this morning

Posted on August 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.59% against the USD and closed at 1.2357, after the German Chancellor, Angela Merkel, stated that the nation is committed to do everything they can to maintain the Euro. She further … Continue reading →

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AUD/USD: AUD marginally lower in the Asian session

Posted on August 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.06% against the USD to close at 1.0495. Yesterday, the Moody’s ratings agency stated that it might eventually downgrade the credit ratings of some Australian states, because they lack the “political … Continue reading →

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USD/CAD: Trading below its MA’s

Posted on August 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 0.9895. The Canadian Finance Minister, Jim Flaherty, stated that the global economy is still stubbornly fragile and economic headwinds elsewhere could throw Canada off … Continue reading →

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USD/CHF: Swiss Franc marginally higher this morning

Posted on August 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.30% against the CHF and closed at 0.9777. In the Asian session, at GMT0300, the pair is trading at 0.9774, with the USD trading marginally lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen continues its southward journey this morning

Posted on August 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.29% against the JPY and closed at 79.01. In the Asian session, at GMT0300, the pair is trading at 79.14, with the USD trading 0.16% higher from yesterday’s close. The pair … Continue reading →

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GBP/USD: UK unemployment rate fell to 8.0% in the Q2 FY2012: ILO

Posted on August 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded marginally higher against the USD and closed at 1.5677, following positive employment data from the UK. In the UK, the ILO unemployment rate fell to 8.0% in the Q2 FY2012, compared … Continue reading →

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EUR/USD: Dollar rose as investor digested mixed data from the US, tad lower this morning

Posted on August 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.2284. With no major releases from the Euro-zone yesterday, market participants focused on the economic data from the US for the direction, the results … Continue reading →

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