EUR/USD: Euro drifting lower this morning, German CPI & EU industrial production awaited

Posted on June 13, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.31% against the USD and closed at 1.2512. The USD declined, after Federal Reserve member, Charles Evans, stated that he would support more measures to stimulate the US economy. Initially, the … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.26% against the USD to close at 0.9859, as risk aversion increased. LME Copper prices rose 2.0% or $144.5/MT to $7395.8/ MT. Aluminium prices rose 0.3% or $5.0/MT to $1943.3/ MT. … Continue reading →

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USD/CAD: Canadian Dollar fell as investors move towards safe-haven greenback

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.93% against the CAD to close at 1.0312, as a relief rally that followed the approval of a rescue package for Spanish banks fizzled, with investors still worried over the Euro-zone’s … Continue reading →

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USD/CHF: Swissy trading above its MA’s

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.39% against the CHF and closed at 0.9629. In the Asian session, at GMT0300, the pair is trading at 0.9620, with the USD trading 0.09% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen drifting lower in the Asian session

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.27% against the JPY and closed at 79.29. The Yen rose, after consumer confidence index in Japan rose to the highest level in 15 months in May. Meanwhile, machine tool orders … Continue reading →

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GBP/USD: Pound trading steady ahead of UK manufacturing and industrial production data

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5483. In the Asian session, at GMT0300, the pair is trading at 1.5484, with the GBP trading flat from yesterday’s close. This morning, the … Continue reading →

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EUR/USD: Euro fell as Euro-zone debt crisis deters risk-taking, trading higher this morning

Posted on June 12, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.38% against the USD and closed at 1.2473, as lack of details about Spain’s weekend bank bailout and uncertainty surrounding elections in Greece compounded worries that the financial crisis in Europe … Continue reading →

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AUD/USD: Aussie continues to cement gains in the Asian session

Posted on June 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.21% against the USD to close at 0.9927. LME Copper prices declined 3.1% or $229.0/MT to $7251.3/ MT. Aluminium prices declined 8.5% or $0.4/MT to $1938.3/ MT. Over the … Continue reading →

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USD/CAD: Loonie rose amid job gains in Canada

Posted on June 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined marginally against the CAD to close at 1.0272 The Loonie rose after the Canadian economy created a modest but better-than-expected 7,700 jobs in May, against the market expectation of … Continue reading →

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

Posted on June 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD rose 0.49% against the CHF and closed at 0.9602. In the US, the Commerce Department reported that the country’s trade deficit narrowed 4.9% in April to $50.1 billion, compared with … Continue reading →

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USD/JPY: Yen trading lower this morning, Japan consumer confidence data awaited

Posted on June 11, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.34% against the JPY and closed at 79.40. According to the Eco Watchers’ survey, current conditions index in Japan declined to a reading of 47.2 in May, while outlook … Continue reading →

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