USD/CHF: Trading above its MA’s

Posted on July 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.64% against the CHF and closed at 0.9591. In the Asian session, at GMT0300, the pair is trading at 0.9590, with the USD trading steady from yesterday’s close. The pair is … Continue reading →

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USD/JPY: Greenback continues its gains against the Yen in the Asian session

Posted on July 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.11% against the JPY and closed at 79.92. In the Asian session, at GMT0300, the pair is trading at 79.97, with the USD trading 0.06% higher from yesterday’s close. The pair … Continue reading →

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GBP/USD: Pound tad lower ahead of BoE policy decision

Posted on July 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.61% against the USD and closed at 1.5591, after UK service sector growth slackened in June. In the UK, services purchasing manager index (PMI) fell more-than-expected to reading of 51.3 in … Continue reading →

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EUR/USD: Euro trading higher ahead of ECB rate decision

Posted on July 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD and closed at 1.2524, amid weak service sector data from the Euro-zone. In the Euro-zone, services purchasing manager index (PMI) continued to remain in contraction but rose … Continue reading →

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AUD/USD: Aussie up as RBA kept its rate on hold

Posted on July 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0284, after Reserve Bank of Australia (RBA) kept its benchmark interest rate steady at 3.5%, in line with the market expectation. LME Copper prices … Continue reading →

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USD/CAD: Loonie rose on higher crude oil prices, trading lower this morning

Posted on July 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0124. The Canadian Dollar rose after oil prices climbed and following speculation that central banks in Europe and the US might add monetary stimulus. … Continue reading →

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USD/CHF: Pair trading above its MA’s

Posted on July 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF and closed at 0.9530. In the US, factory orders rose more-than-expected by 0.7% (MoM) in May, against the market expectation of a 0.1% rise. In the Asian … Continue reading →

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USD/JPY: Yen drifting lower in the Asian session

Posted on July 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.45% against the JPY and closed at 79.83. In economic news, factory orders in the US rose 0.7% (MoM) in May, surpassing market expectations for a 0.1% rise. In Japan, labor … Continue reading →

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GBP/USD: Sterling continues its downfall in the Asian session on hopes of more easing by BoE

Posted on July 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.03% against the USD and closed at 1.5686, as weak construction activity in the UK raised speculation that Bank of England (BoE) would implement a fresh round of stimulus measures. In … Continue reading →

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EUR/USD: Euro trading lower ahead of EU PMI & retail sales data

Posted on July 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.21% against the USD and closed at 1.2604, as speculation over a fresh round of easing by global central banks weighed on the US Dollar ahead of monetary policy meetings later … Continue reading →

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AUD/USD: Aussie trading higher ahead of RBA interest rate decision

Posted on July 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.01% against the USD to close at 1.0243. LME Copper prices rose 0.6% or $43.0/MT to $7647.3/ MT. Aluminium prices rose 1.8% or $32.5/MT to $1866.8/ MT. In the Asian session, … Continue reading →

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