USD/CAD: Greenback strengthened amid Greece jitters

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.11% against the CAD to close at 1.0026, as political and economic uncertainty in Greece prompted investors to move to safer assets. In the Asian session, at GMT0300, the pair is … Continue reading →

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USD/CHF: Swissy trading above its MA’s

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.51% against the CHF and closed at 0.9363. In Switzerland, the producer and import price index fell 0.1% (MoM) in April, compared to a 0.3% rise in March, and against the … Continue reading →

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USD/JPY: Yen trading flat, a series of Japan economic data awaited today

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 79.87. In the Asian session, at GMT0300, the pair is trading at 79.87, with the USD trading flat from yesterday’s close. The pair is … Continue reading →

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GBP/USD: Pound trading steady ahead of UK trade balance data

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.6100. In the Asian session, at GMT0300, the pair is trading at 1.6093, with the GBP trading steady from yesterday’s close. The pair is … Continue reading →

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EUR/USD: Euro continues to trade lower on Greece worries

Posted on May 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.51% against the USD and closed at 1.2829, as final round of talks between Greece’s President, Karolos Papoulias, and country’s political leader to avert a new election ended without any progress … Continue reading →

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AUD/USD: Aussie briefly breaks below parity

Posted on May 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD weakened 0.30% against the USD to close at 1.0026, after series of disappointing economic data from China, Australia’s biggest trading partner, dented investor sentiment. In China, industrial production rose 9.3% … Continue reading →

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USD/CAD: Loonie climbed amid positive Canadian employment data

Posted on May 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.24% against the CAD to close at 1.0007. The Loonie gained against the Dollar, after reports showed that the Canada’s economy added more-than-expected jobs in April. In Canada, employment rose by … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of producer price data in Switzerland

Posted on May 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD rose 0.10% against the CHF and closed at 0.9298, after consumer sentiment in the US unexpectedly improved this month. Reuters and the University of Michigan reported that the consumer sentiment … Continue reading →

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USD/JPY: Yen continues to lose steam in the Asian session

Posted on May 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.06% against the JPY and closed at 79.91. Over the weekend, Prime Minister, Yoshihiko Noda stated that the European debt crisis is the biggest risk for the Japanese economy, … Continue reading →

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GBP/USD: Pound down on increased risk aversion

Posted on May 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.40% against the USD and closed at 1.6069, amid increased risk aversion, after political uncertainty in Greece heightened concern that the region’s debt crisis would worsen. In the UK, … Continue reading →

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EUR/USD: Euro weighed down on Greek political fears

Posted on May 14, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, EUR declined 0.09% against the USD and closed at 1.2919, amid ongoing concerns over political turmoil in Greece and a potential Greek exit from the Euro-zone. Further, Euro came under pressure … Continue reading →

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