USD/CAD: Loonie extends its losses in the Asian session

Posted on May 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD to close at 1.0231. The Canadian Dollar came under pressure, following a weak economic data from the US, its biggest trading partner. In the US, consumer confidence … Continue reading →

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USD/CHF: Greenback extends its gains against the Swiss Franc

Posted on May 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.38% against the CHF and closed at 0.9625. On the economic front, the Swiss UBS Consumption Indicator rose to 1.41 points in April, following 1.20 points registered in March. In the … Continue reading →

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USD/JPY: Yen trading lower ahead of Japan industrial production data

Posted on May 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY and closed at 79.50. In economic news, in Japan, Nomura/ JMMA manufacturing purchasing manager index stood at 50.7 in May, unchanged from the reading of April. Additionally … Continue reading →

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GBP/USD: Pound continues to lose steam this morning

Posted on May 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.27% against the USD and closed at 1.5633. The Bank of England Chief Economist, Spencer Dale stated that the UK economy may see a gradual recovery in growth this year adding … Continue reading →

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EUR/USD: Euro down as risk sentiment was dented on Spain worries‎

Posted on May 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.45% against the USD and closed at 1.2481, as renewed worries over high Spanish borrowing costs and the nation’s fragile banking system raised concern that Europe’s debt crisis is spreading. Yesterday, … Continue reading →

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AUD/USD: Pair trading steady in the Asian session

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.09% against the USD to close at 0.9839. LME Copper prices rose 0.6% or $43.8/MT to $7739.0/ MT. Aluminium prices rose 0.1% or $1.0/MT to $1980.3/ MT. In the Asian session, … Continue reading →

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USD/CAD: Loonie holds on to yesterday’s gains

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.09% against the CAD to close at 1.0246. In the Asian session, at GMT0300, the pair is trading at 1.0239, with the USD trading 0.07% lower from yesterday’s close. The pair … Continue reading →

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USD/CHF: Greenback continues its rising trend against the Swiss Franc

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CHF and closed at 0.9588. In the Asian session, at GMT0300, the pair is trading at 0.9594, with the USD trading 0.06% higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen gaining strength this morning; manufacturing PMI in Japan awaited

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.05% against the JPY and closed at 79.58. In the Asian session, at GMT0300, the pair is trading at 79.44, with the USD trading 0.17% lower from yesterday’s close. Data released … Continue reading →

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GBP/USD: Witnessing flat trading in the Asian session

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.5675. In the Asian session, at GMT0300, the pair is trading at 1.5670, with the GBP trading marginally lower from yesterday’s close. The pair … Continue reading →

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EUR/USD: Euro weakens as concerns over Spanish bank grew

Posted on May 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.31% against the USD and closed at 1.2537, amid renewed worries about Euro-zone’s financial health following fears that Spanish government might need to use sovereign debt to support its financial institution. … Continue reading →

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