AUD/USD: Aussie buoyed by Greece euro hopes

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.67% against the USD to close at 0.9830. LME Copper prices rose 0.5% or $35.3/MT to $ 7695.3/ MT. Aluminium prices rose 0.5% or $10.8/MT to $ 1979.3/ MT. … Continue reading →

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GBP/USD: Trading higher this morning

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.17% against the USD and closed at 1.5689. In the Asian session, at GMT0300, the pair is trading at 1.5695, with the GBP trading 0.03% higher from Friday’s close. … Continue reading →

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USD/CAD: Canadian Dollar extends its gains on hopes that Europe crisis would ease

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.13% against the CAD to close at 1.0255. The Loonie rose as risk appetite increased among investors amid optimism that that Greece would stay in the Euro-zone following, Italian … Continue reading →

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USD/JPY: Economic activity remains flat indicates BoJ’s minutes

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.07% against the JPY and closed at 79.62, on stronger-than-expected consumer sentiment data in the US. In the US, the Thomson Reuters/University of Michigan’s consumer sentiment index rose to … Continue reading →

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USD/CHF: Swissy continues to trade higher

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.21% against the CHF and closed at 0.9566. The Swiss Franc rose, after number of people employed in Switzerland rose unexpectedly in the first quarter of 2012. In a … Continue reading →

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EUR/USD: Euro extends its Friday’s gains on Greek political polls

Posted on May 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.32% against the USD and closed at 1.2576, amid optimism that that Greece would stay in the Euro-zone and following positive German and French consumer confidence data. The Euro … Continue reading →

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AUD/USD: Aussie continues to add to yesterday’s losses

Posted on May 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9765. LME Copper prices rose 0.4% or $29.8/MT to $ 7660.0/ MT. Aluminium prices declined 0.4% or $7.3/MT to $ 1968.5/ MT. In the … Continue reading →

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USD/CAD: Loonie fell on rising risk aversion

Posted on May 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.27% against the CAD to close at 1.0268, as risk aversion increased among investors after weak economic data from the Euro-zone and following concern that economic growth is slowing in the … Continue reading →

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USD/CHF: Swiss Franc fell on disappointing Swiss trade data, SNB intervention speculation

Posted on May 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.52% against the CHF and closed at 0.9586. The Swiss Franc declined after the trade surplus in Switzerland narrowed to CHF1.33 billion in April, following a revised surplus of CHF1.58 billion … Continue reading →

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USD/JPY: Yen trading lower in the Asian session, Japan CPI rose in April

Posted on May 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.08% against the JPY and closed at 79.56. The Bank of Japan (BoJ), in its monthly economic report, kept its overall assessment of the Japans’ economy unchanged in May but cited … Continue reading →

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GBP/USD: GBP lower as UK economy contracted more-than-expected in Q1‎

Posted on May 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.5663, after the UK economy shrank more-than-initially estimated during the first quarter of 2012. In the UK, Gross Domestic Product (GDP) fell 0.3% (QoQ) … Continue reading →

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