AUD/USD: Aussie extends its losses in the Asian session

Posted on March 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.72% against the USD to close at 1.0448. In the Asian session, at GMT0300, the pair is trading at 1.0434, with the AUD trading 0.14% lower from yesterday’s close. LME Copper … Continue reading →

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USD/CAD: Loonie down on risk aversion

Posted on March 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.43% against the CAD to close at 0.9957, as risk aversion increased among the investors following downbeat US economic data. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Swiss Franc rebounds in the Asian session

Posted on March 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.18% against the CHF and closed at 0.9047. In economic news, Swiss consumption indicator fell to 0.87 point in February, from 0.92 point in January. In the Asian session, at GMT0300, … Continue reading →

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USD/JPY: Yen trading higher ahead of retail trade data in Japan

Posted on March 28, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.34% against the JPY and closed at 83.15.On the economic front, the small business confidence in Japan rose to a reading of 48.7 in March, compared to a reading of 45.3 … Continue reading →

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AUD/USD: Aussie holds US$1.05 level on Bernanke’s indication on rates

Posted on March 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.41% against the USD to close at 1.0525, following indications from Federal Reserve Chairman, Ben Bernanke that the US would keep interest rates low. In the Asian session, at GMT0300, the … Continue reading →

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USD/CAD: Canadian Dollar rallied as Ben Bernanke stirs fresh QE3, drifting lower this morning

Posted on March 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CAD to close at 0.9913, fueled by the prospect of continued accommodative policy from the Federal Reserve and renewed hopes for a larger Euro-zone bailout fund. In the … Continue reading →

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USD/CHF: Swiss Franc is trading lower in the Asian session

Posted on March 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.47% against the CHF and closed at 0.9031. Swiss Economy Minister, Johann Schneider-Ammann, stated that he would “generally like” the Franc to weaken toward 1.35 or 1.40 versus the Euro. Meanwhile, … Continue reading →

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USD/JPY: Greenback backpedals against the Yen in the Asian session

Posted on March 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.47% against the JPY and closed at 82.86. In the Asian session, at GMT0300, the pair is trading at 82.84, with the USD trading 0.03% lower from yesterday’s close. Data released … Continue reading →

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GBP/USD: Pound trading flat after yesterday’s rise

Posted on March 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.5959, as the dollar weakened, amid speculation that the Federal Reserve would maintain easy monetary policy to sustain growth in the US economy. In … Continue reading →

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EUR/USD: Euro rose on Bernanke remarks‎ and upbeat German Ifo data‎, trading lower this morning

Posted on March 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.3357, after Federal Reserve Governor, Ben Bernanke, signaled towards monetary easing and as positive data from Euro-zone hinted that the region’s economic recovery is … Continue reading →

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AUD/USD: Aussie loses steam in the Asian session after Friday’s rise

Posted on March 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.67% against the USD to close at 1.0464, on broad dollar weakness. In the Asian session, at GMT0300, the pair is trading at 1.0456, with the AUD trading 0.08% … Continue reading →

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