AUD/USD: Aussie trading above its MA’s

Posted on April 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0328. In the Asian session, at GMT0300, the pair is trading at 1.0316, with the AUD trading 0.11% lower from yesterday’s close. LME … Continue reading →

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USD/CAD: Mark Carney says BoC may have to raise rates; Loonie trading steady in Asian session

Posted on April 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.36% against the CAD to close at 0.9872. Canadian dollar advanced against greenback, after Bank of Canada (BoC) head Mark Carney indicated that the bank may have to raise interest … Continue reading →

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USD/CHF: Swissy trading flat this morning

Posted on April 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.34% against the CHF and closed at 0.9105. In economic news, trade surplus in Switzerland narrowed to CHF1.7 billion in March, from a revised surplus of CHF2.6 billion in February. … Continue reading →

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USD/JPY: Yen declined on monetary easing hopes

Posted on April 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD strengthened 0.22% against the JPY and closed at 81.34. Yen traded lower against greenback, on speculation that Bank of Japan would resume monetary easing to weaken the currency. In the Asian … Continue reading →

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GBP/USD: Tad lower this morning after yesterday’s gains

Posted on April 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6147. In the UK, public sector net borrowing (PSNB) rose to £15.9 billion in March, compared to £9.9 billion in February. Market had … Continue reading →

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EUR/USD: Euro rose after weak economic data in the US, trading flat this morning

Posted on April 25, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3197, following the release of broadly weaker-than-expected US economic data on housing and consumer confidence. However, sentiments on the Euro remained weak after … Continue reading →

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AUD/USD: Aussie weakened after less-than-expected rise in Australian CPI

Posted on April 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.44% against the USD to close at 1.0323, amid reports showing that Chinese manufacturing activity continued to be in contraction zone. In China, the Markit/HSBC manufacturing purchasing managers’ index (PMI) … Continue reading →

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USD/CAD: Loonie rose on positive Canadian economic data, trading lower this morning

Posted on April 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 0.24% against the CAD to close at 0.9908. Canadian dollar rose against greenback after Canadian wholesale sales unexpectedly rose in February, rebounding from a decline in the previous month. In … Continue reading →

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USD/CHF: Swiss Franc trading flat this morning, after yesterday’s losses

Posted on April 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.37% against the CHF and closed at 0.9137. On an annual basis, Switzerland’s M3 money supply came in at 6.6% in March, from 6.4% in February. In the Asian session, … Continue reading →

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USD/JPY: Yen extended gains on positive Japanese economic data

Posted on April 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD weakened 0.60% against the JPY and closed at 81.16. The leading index in Japan rose to 96.3 in February, compared to reading of 94.6 in January. Meanwhile, the coincident index rose … Continue reading →

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GBP/USD: Pound weakened as investors risk appetite faded amid European debt uncertainty

Posted on April 24, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6125, as lingering worries over European debt crisis, continued to weigh on investors’ sentiment. In the Asian session, at GMT0300, the pair is … Continue reading →

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