EUR/USD: Euro fell amid renewed concerns over Euro-zone debt crisis ‎

Posted on April 5, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.63% against the USD and closed at 1.3143, after a poor Spanish bond auction reignited worries about the Euro-zone debt crisis. Yesterday, Spain’s Treasury sold €2.59 billion in government bonds at … Continue reading →

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EUR/USD: Greenback rose after reduced prospect for Fed stimulus; ECB rate decision awaited

Posted on April 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.76% against the USD and closed at 1.3226. The USD received a boost after the minutes of US Federal Open Market Committee meeting indicated no further monetary stimulus was likely. Moreover, … Continue reading →

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GBP/USD: Pound trading lower this morning ahead of UK services PMI data

Posted on April 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.75% against the USD and closed at 1.5907. Earlier, the Pound had advanced after the construction Purchasing Managers’ Index (PMI) in the UK rose unexpectedly to 56.7 in March, marking the … Continue reading →

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USD/JPY: Greenback gives up some gains against the Yen in the Asian session

Posted on April 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.74% against the JPY and closed at 82.77, after minutes from the latest US Federal Reserve’s policy meeting showed monetary officials held off from increasing monetary easing. In the US economic … Continue reading →

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USD/CHF: Swissy weaker on broad dollar strength

Posted on April 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.83% against the CHF and closed at 0.9109, after the minutes of Federal Reserve’s latest monetary policy meeting indicated that the US central bank is growing less inclined to stimulate the … Continue reading →

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USD/CAD: Greenback continues to advance against the Canadian Dollar, as Fed signals no additional easing

Posted on April 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.08% against the CAD to close at 0.9912, after Fed signals no need for more easing unless growth falters. The minutes of the 13th March FOMC meeting suggested that a couple … Continue reading →

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AUD/USD: Aussie down after Australia records $480 million trade deficit‎

Posted on April 4, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.02% against the USD to close at 1.0317, after the Reserve Bank of Australia left its benchmark interest rate unchanged, in line with expectations, but stated that it may cut rates … Continue reading →

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EUR/USD: Euro fell on weak economic data, trading higher ahead of Euro-zone GDP & PPI report

Posted on April 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3328, after the release of disappointing Euro-zone manufacturing and jobs data. On the economic front, the unemployment rate in the Euro-zone rose to 10.8% … Continue reading →

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GBP/USD: Sterling up as UK manufacturing PMI rises to a 10-month high

Posted on April 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.04% against the USD and closed at 1.6027, after the manufacturing Purchasing Managers Index (PMI) in the UK rose to a 10-month high in March. On a seasonally adjusted basis, the … Continue reading →

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AUD/USD: Aussie trading higher ahead of RBA interest rate decision

Posted on April 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.13% against the USD to close at 1.0423. LME Copper prices declined $0.3/MT to $8479.5/ MT. Aluminium prices declined 0.8% or $17.0/MT to $2081.3/ MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Loonie climbs on positive US manufacturing data

Posted on April 3, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.50% against the CAD to close at 0.9904. The Canadian Dollar advanced against USD, on an improved outlook for the country’s exports after a report showed US manufacturing expanded at a … Continue reading →

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