USD/CHF: Swiss Franc loses steam in the Asian session

Posted on June 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.75% against the CHF and closed at 0.9469, amid speculation that Federal Reserve would consider further monetary stimulus in its two-day meeting concluding today. In the Asian session, at GMT0300, the … Continue reading →

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USD/JPY: Greenback trading lower against Yen ahead of Fed decision

Posted on June 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 79.05. In Japan, the leading index fell to a reading of 95.6 in April, the lowest reading since January, while the coincident index dropped … Continue reading →

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GBP/USD: Sterling trading flat ahead of BoE minutes

Posted on June 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.5723. In the UK, consumer price index fell 0.1% (MoM) in May, compared to a 0.6% rise posted in April, making it lowest level … Continue reading →

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EUR/USD: Euro rose as EU hinted to soften Greece bail-out terms; trading lower in the Asian session

Posted on June 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.2683, after European Union (EU) officials signaled that they might be willing to soften the austerity measures imposed to Greece, a move aimed at … Continue reading →

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AUD/USD: Aussie trading higher this morning; RBA rate cut ‘finely balanced’

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0116. In Australia, Treasury Secretary, Martin Parkinson, stated that the country has scope to respond to an economic shock from Euro-zone, adding that region’s … Continue reading →

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USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CAD to close at 1.0230, after risk appetite faded as rising borrowing costs for Spain and Italy reignited speculation that European leaders are struggling to contain their debt … Continue reading →

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USD/CHF: Pair trading between MA’s

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.01% against the CHF and closed at 0.9541. In the Asian session, at GMT0300, the pair is trading at 0.9524, with the USD trading 0.17% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Pair trading lower ahead of Federal Reserve meeting & BoJ Minutes

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 79.08. Yesterday, the Bank of Japan (BoJ), in its monthly economic report, upgraded its overall assessment of the economy citing that country’s economic activity … Continue reading →

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GBP/USD: Pound trading higher ahead of UK retail prices & consumer prices

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.5680, as concerns over rising Spanish borrowing costs and sovereign debt contagion in the Euro-zone continued to dampen investor confidence. The Pound was also … Continue reading →

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EUR/USD: Euro fell as Spanish and Italian borrowing cost surged, trading higher this morning

Posted on June 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.03% against the USD and closed at 1.2589, amid rising yields on Italian and Spanish bonds and as investors remain doubtful whether the Greece polls were enough to ensure a positive … Continue reading →

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AUD/USD: Aussie rose on increased risk appetite

Posted on June 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.69% against the USD to close at 1.0087. LME Copper prices rose 2.0% or $144.3/MT to $7520.5/ MT. Aluminium prices declined 0.5% or $10.0/MT to $1914.3/ MT. In the … Continue reading →

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