USD/CAD: Loonie rose on upbeat building permits data in Canada, trading lower this morning

Posted on May 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.41% against the CAD to close at 0.9929. The Canadian Dollar rose after building permits in Canada rose 4.7% (MoM) in March, compared to a 7.6% rise in February, and against … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on May 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.49% against the CHF and closed at 0.9203. In economic news, on a seasonally adjusted basis, unemployment rate in Switzerland stood at 3.1% in April, in line with the market forecast … Continue reading →

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AUD/USD: RBA cuts inflation and growth forecasts, amid soft labor market

Posted on May 4, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.50% against the USD to close at 1.0265. In the Asian session, at GMT0300, the pair is trading at 1.0269, with the AUD trading marginally higher from yesterday’s close, after … Continue reading →

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USD/CAD: Canada dollar weakened on back of weaker-than-expected US non-manufacturing data

Posted on May 4, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.18% against the CAD to close at 0.9884. The Loonie fell against greenback, after economic data released yesterday showed that ISM non-manufacturing index in the US fell to 53.5 in … Continue reading →

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USD/CHF: Swiss Franc marginally higher in Asian session

Posted on May 4, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.9136. In Switzerland, the UBS Real Estate Bubble Index rose to 0.95 in the first quarter of 2012, compared to 0.80 in fourth … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 4, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD strengthened 0.18% against the JPY and closed at 80.26. In the Asian session, at GMT0300, the pair is trading at 80.17, with the USD trading 0.11% lower from yesterday’s close. The … Continue reading →

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GBP/USD: Pound pressurized on sluggish house prices and service PMI data, trading marginally higher this morning

Posted on May 4, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.06% against the USD and closed at 1.6187, after reports showed that Nationwide house prices in the UK fell unexpectedly in April. Additionally, services PMI in the UK fell more … Continue reading →

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EUR/USD: Euro dropped as Spanish bond yields rose; Draghi wary of more Euro-zone jitters

Posted on May 4, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3152, after the European Central Bank (ECB) President, Mario Draghi refrained from pledging more liquidity measures to boost European economy. He further stated … Continue reading →

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AUD/USD: Aussie declines in Asian session on disappointing non-manufacturing PMI in China

Posted on May 3, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 1.0316. In the Asian session, at GMT0300, the pair is trading at 1.0295, with the AUD trading 0.21% lower from yesterday’s close, after … Continue reading →

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USD/CAD: Canadian Dollar weakens on soft US, Euro-zone data

Posted on May 3, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.08% against the CAD to close at 0.9867, after weak data on US private sector employment added to concerns over the outlook for the US recovery, bolstering safe haven demand. … Continue reading →

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USD/CHF: Swiss Franc weakens after manufacturing activity contracts in Switzerland

Posted on May 3, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.62% against the CHF and closed at 0.9134. The Swiss Franc weakened, after manufacturing activity in Switzerland contracted unexpectedly in April after a modest expansion in March. The Swiss SVME-purchasing … Continue reading →

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