EUR/USD: Euro advanced on ECB hopes, drifting lower this morning

Posted on July 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.19% against the USD and closed at 1.2303, amid talks of stronger action by the European Central Bank (ECB) and Euro-zone goverments to stem Europe’s sovereign debt crisis. The … Continue reading →

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USD/CAD: Canadian Dollar higher as risk aversion abated

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CAD to close at 1.0099, as risk aversion among investors eased after ECB President, Mario Draghi vowed that the central bank would do everything in its power to … Continue reading →

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AUD/USD: Aussie advanced on higher risk appetite

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.84% against the USD to close at 1.0397, as risk appetite increased among investors following positive US economic data and bullish comments from ECB President, Mario Draghi. In the US, durable … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of KOF Swiss leading indicator

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.09% against the CHF and closed at 0.9780. In the Asian session, at GMT0300, the pair is trading at 0.9776, with the USD trading marginally lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Greenback drifting lower in the Asian session against the Yen

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.15% against the JPY and closed at 78.25. In the Asian session, at GMT0300, the pair is trading at 78.21, with the USD trading 0.05% lower from yesterday’s close. This morning, … Continue reading →

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GBP/USD: David Cameron pleaded to bring debt under control; Pound trading lower this morning

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 1.28% against the USD and closed at 1.5690, as risk appetite improved on optimism that European policy makers would take measures to contain the region’s debt crisis. In the UK, Prime … Continue reading →

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EUR/USD: Euro rallied on ECB President, Mario Draghi’s comment

Posted on July 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.10% against the USD and closed at 1.2280, after European Central Bank (ECB) President, Mario Draghi, signaled that officials are prepared to do whatever is needed to preserve the Euro and … Continue reading →

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AUD/USD: Australian Dollar rises on Nowotny’s comment on ESM banking licence

Posted on July 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.91% against the USD to close at 1.0310, buoyed by comments about the possibility of a Euro-zone bailout solution. Investors risk appetite was boosted, after European Central Bank council member, Ewald … Continue reading →

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USD/CAD: Loonie continues its rally this morning

Posted on July 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD to close at 1.0156. In Canada, Teranet/National Bank house prices rose 1.2% (MoM) in June, following a 1.1% rise in May. In the Asian session, at GMT0300, … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on July 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.64% against the CHF and closed at 0.9888. In the US, new home sales, on a seasonally adjusted basis, tumbled 8.4% to an annual rate of 350,000 in June, the lowest … Continue reading →

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USD/JPY: Japan raises economic assessment for April-June

Posted on July 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 78.13. In the Asian session, at GMT0300, the pair is trading at 78.12, with the USD trading marginally lower from yesterday’s close. This morning, … Continue reading →

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