AUD/USD: Aussie rebounded strongly in the Asian session

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.57% against the USD to close at 1.0029. LME Copper prices rose 0.9% or $67.0/MT to $7420.5/ MT. Aluminium prices rose 1.2% or $22.0/MT to $1832.3/MT. In the Asian session, at … Continue reading →

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USD/CAD: Loonie trading higher this morning; Canadian GDP data awaited

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.88% against the CAD to close at 1.0338. In the Asian session, at GMT0300, the pair is trading at 1.0279, with the USD trading 0.57% lower from yesterday’s close, as risk … Continue reading →

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USD/CHF: Swiss Franc cementing gains this morning

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.29% against the CHF and closed at 0.9657. Yesterday, the Swiss National Bank ,Vice Chairman, Jean- Pierre Danthine, stated that the central bank is ready to take further measures including imposing … Continue reading →

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USD/JPY: Yen continues to gain against the Greenback

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.43% against the JPY and closed at 79.37. The Yen rose against greenback, amid speculation that Japanese companies would repatriate their overseas earnings ahead of the completion of the second quarter. … Continue reading →

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GBP/USD: Series of weak economic data pushed Sterling down, trading higher this morning

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5511, following series of weak economic data from the UK. In the UK, gross domestic product fell 0.2% (YoY) during the first quarter of … Continue reading →

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EUR/USD: Euro fell amid weak Euro-zone macro data, trading higher this morning

Posted on June 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.2438, following weak economic data from the Euro-zone and amid pessimism about the ability of a European summit to ease the region’s debt crisis. … Continue reading →

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USD/CAD: Canadian Dollar trading higher this morning

Posted on June 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.05% against the CAD to close at 1.0248. In Canada, Teranet/National Bank house price index rose 1.1% (MoM) in May, from a 0.8% increase in April. In the Asian session, at … Continue reading →

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AUD/USD: Aussie continues its rally in the Asian session

Posted on June 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.29% against the USD to close at 1.0086. LME Copper prices rose 0.1% or $7.0/MT to $7353.5/ MT. Aluminium prices traded flat to $1810.3/ MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CHF: Greenback rose on positive US macro data, trading lower this morning

Posted on June 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CHF and closed at 0.9629. In the US, durable goods orders rose more-than-expected by 1.1% in May, compared to the market expectation of a 0.5% rise. Additionally, pending … Continue reading →

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USD/JPY: Yen trading higher this morning; a series of Japan economic data awaited today

Posted on June 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.26% against the JPY and closed at 79.71. In the Asian session, at GMT0300, the pair is trading at 79.41, with the USD trading 0.38% lower from yesterday’s close. The Yen … Continue reading →

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GBP/USD: Pound fell as mortgage approvals reach one-year low; trading higher this morning

Posted on June 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.40% against the USD and closed at 1.5571, after mortgage approvals in the UK dropped to their lowest level in more than a year, raising the speculation that the central bank … Continue reading →

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