GBP/USD: Pound trading lower this morning, after yesterday’s gains

Posted on April 20, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.6061, buoyed by diminished expectations for additional round of easing by the Bank of England. In the Asian session, at GMT0300, the pair … Continue reading →

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EUR/USD: Euro rose on successful Spanish bond auction, trading flat this morning

Posted on April 20, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.18% against the USD and closed at 1.3143, amid successful Spanish bond auction. Spanish government sold €2.54 billion worth of 2- and 10-year bonds, exceeding the government’s targeted range of … Continue reading →

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AUD/USD: Pair showing convergence with its MA’s

Posted on April 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 0.48% against the USD to close at 1.0354. In the Asian session, at GMT0300, the pair is trading at 1.0364, with the AUD trading 0.10% higher from yesterday’s close. In … Continue reading →

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USD/CAD: Canadian dollar trading marginally higher; BoC indicates economy gaining strength

Posted on April 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.18% against the CAD to close at 0.9911. Yesterday the Bank of Canada’s (BoC) quarterly monetary policy report indicated that the Canadian economy is steadily gaining strength. In the Asian … Continue reading →

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USD/CHF: Swiss Franc marginally lower; Jordan named as SNB President

Posted on April 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose 0.09% against the CHF and closed at 0.9161. The interim chairman, Thomas Jordan, was named as the full-time head of the Swiss National Bank (SNB). In Switzerland, the ZEW expectations … Continue reading →

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USD/JPY: Yen trading lower this morning, following trade deficit in Japan

Posted on April 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD strengthened 0.40% against the JPY and closed at 81.32. Yen declined against greenback, yesterday, following comments from BoJ Deputy Governor Kiyohiko Nishimura. Bank of Japan (BoJ) deputy Governor Kiyohiko Nishimura stated … Continue reading →

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GBP/USD: Pound strengthened, amid positive UK unemployment data

Posted on April 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.57% against the USD and closed at 1.6022. Pound traded higher against greenback, buoyed by better-than-expected unemployment rate in the UK. Separately, the minutes of the Bank of England’s Monetary … Continue reading →

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EUR/USD: Euro trading flat in Asian session

Posted on April 19, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR traded almost unchanged against the USD and closed at 1.3120. The Euro-zone current account balance unexpectedly showed a deficit in February, compared to surplus in previous month. Additionally, downbeat construction output … Continue reading →

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AUD/USD: Aussie rallied, after IMF global growth update

Posted on April 18, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 1.0403, as risk appetite improved after International Monetary Fund (IMF) raised its global economy growth forecast. The IMF raised the growth outlook for … Continue reading →

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USD/CAD: Loonie strengthened after BoC surprises investors with hawkish tone

Posted on April 18, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD declined 1.04% against the CAD to close at 0.9893. The Canadian Dollar rose, after Bank of Canada (BoC) signaled that it may need to start raising interest rates, preparing to lead … Continue reading →

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USD/CHF: Pair trading between its MA’s

Posted on April 18, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, USD rose marginally against the CHF and closed at 0.9153. In the Asian session, at GMT0300, the pair is trading at 0.9162, with the USD trading 0.10% higher from yesterday’s close. The … Continue reading →

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