GBP/USD: Pound fell on BoE easing speculation, trading higher this morning

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.13% against the USD and closed at 1.5570, amid talks of monetary easing by BoE policymakers. Yesterday, the Bank of England (BoE) policymaker, David Miles, stated that a substantial amount of … Continue reading →

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EUR/USD: Euro fell on EU summit uncertainty, trading higher this morning

Posted on June 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.2505, as investors remained doubtful that a European leader’s summit later this week would produce any substantive measures to soothe region’s escalating debt crisis. … Continue reading →

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AUD/USD: Aussie trading lower after Friday’s rise

Posted on June 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.16% against the USD to close at 1.0063, as investor sentiment strengthened, after the European Central Bank relaxed rules on collateral for central-bank loans. LME Copper prices declined 1.4% … Continue reading →

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USD/CAD: Loonie trading between its MA’s

Posted on June 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.38% against the CAD to close at 1.0248. On a seasonally adjusted monthly basis, the Consumer Price Index (CPI) in Canada dropped 0.1% in May, compared to a 0.4% … Continue reading →

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USD/CHF: Swiss Franc rose as Swiss KOF lifts 2012 growth projection, trading lower this morning

Posted on June 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD fell 0.15% against the CHF and closed at 0.9558. The Swiss Franc edged up after the KOF institute reported that Switzerland’s economy is projected to grow by 1.2% in 2012, … Continue reading →

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USD/JPY: Greenback erases Friday’s gain against the Yen this morning

Posted on June 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.26% against the JPY and closed at 80.43. Japan’s government retained its assessment of the economy, but warned of downside risks stemming from growing uncertainty about the economic situation … Continue reading →

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GBP/USD: Pound trading flat in the Asian session

Posted on June 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.08% against the USD and closed at 1.5585. The external member of the Bank of England (BoE)’s Monetary Policy Committee, Martin Weale stated that BoE has enough room for … Continue reading →

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EUR/USD: Euro gives up some gains in the Asian session

Posted on June 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.12% against the USD and closed at 1.2564, after the European Central Bank (ECB) took a step seen as easing funding stresses for the region’s banks. The ECB widened … Continue reading →

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AUD/USD: Risk aversion weighs on Aussie, trading higher this morning

Posted on June 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.39% against the USD to close at 1.0047, as risk aversion increased following lackluster economic data from the US. In the US, Philadelphia Fed manufacturing survey index fell to a reading … Continue reading →

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USD/CAD: Canadian Dollar gaining strength ahead of consumer price data in Canada

Posted on June 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.91% against the CAD to close at 1.0287, amid risk aversion among investors following weak economic data from the US, Europe and China. The Loonie came under further pressure, as retail … Continue reading →

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USD/CHF: Swiss Franc cementing gains this morning after yesterday’s fall

Posted on June 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.12% against the CHF and closed at 0.9572. In economic news, Swiss trade surplus widened to CHF2.48 billion in May from CHF1.26 billion in April. Moreover, the M3 money supply climbed … Continue reading →

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