USD/JPY: Japanese Yen trading lower this morning

Posted on May 3, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 80.11. In the US, the Automatic Data Processing, Inc. (ADP) reported that private sector employment increased by 119,000 jobs in April, following a … Continue reading →

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GBP/USD: Pound remains lower amid growth concerns

Posted on May 3, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.6198, after construction sector activity in the UK expanded at a slower pace in April. A separate report by the Bank of England … Continue reading →

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EUR/USD: Disappointing Euro-zone manufacturing PMI sends Euro lower

Posted on May 3, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.62% against the USD and closed at 1.3154, as investor sentiment were dented after manufacturing PMI in France, Germany and the Euro-zone disappointed markets. Another set of data released yesterday … Continue reading →

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AUD/USD: Aussie slips after RBA rate cut, trading higher this morning

Posted on May 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.82% against the USD to close at 1.0333, after the Reserve Bank of Australia (RBA) slashed the key interest rate by 50 basis points to 3.75% from 4.25%. The rate … Continue reading →

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USD/CAD: Canadian Dollar gets a lift from firm US data; tad lower this morning

Posted on May 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.16% against the CAD to close at 0.9858. Canadian dollar gained against greenback as an upbeat US manufacturing data eased investors’ concerns about the Canadian economic outlook, US’s largest trading … Continue reading →

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USD/CHF: Swiss Franc continues to decline in Asian session

Posted on May 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.05% against the CHF and closed at 0.9078. In the Asian session, at GMT0300, the pair is trading at 0.9088, with the USD trading 0.11% higher from yesterday’s close. The … Continue reading →

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USD/JPY: Trading flat this morning

Posted on May 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD strengthened 0.33% against the JPY and closed at 80.16, after reports showed a rise in US manufacturing activity. In the US, the Institute for Supply Management reported that manufacturing PMI rose … Continue reading →

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GBP/USD: Pound weakened on poor UK manufacturing data, trading modestly higher this morning

Posted on May 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell 0.08% against the USD and closed at 1.6221, after reports showed that manufacturing purchasing managers’ index (PMI) in the UK declined to 50.5 in April, compared to 51.9 in March. … Continue reading →

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EUR/USD: Greenback extends gains against the Euro on positive US manufacturing data

Posted on May 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3236, as strong US manufacturing data spurred investors to greenback, while Spanish economic recovery concerns continued to weigh on investor sentiment. In the … Continue reading →

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AUD/USD: Aussie trading lower this morning on sluggish Australian economic data

Posted on May 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.36% against the USD to close at 1.0419. In the Asian session, at GMT0300, the pair is trading at 1.0410, with the AUD trading 0.08% lower from yesterday’s close, after … Continue reading →

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USD/CAD: Loonie backpedals; Canadian economy stalls in February

Posted on May 1, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.67% against the CAD to close at 0.9874. The Canadian Dollar came under pressure, after reports showed that Canadian economy contracted unexpectedly in February. On a monthly basis, the gross … Continue reading →

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