AUD/USD: Aussie lower on weak China PMI

Posted on March 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 1.0449. In the Asian session, at GMT0400, the pair is trading at 1.0392, with the AUD trading 0.54% lower from yesterday’s close, after a … Continue reading →

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USD/CAD: Loonie trading lower this morning, awaits Canadian retail sales data later today

Posted on March 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.12% against the CAD to close at 0.9924. On the economic front, Canadian composite leading index rose for eight consecutive months by 0.6% in February, following a 0.4% gain in January. … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of trade balance data in Switzerland

Posted on March 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.17% against the CHF and closed at 0.9127. Swiss Franc fell after the Swiss National Bank stated that money supply growth in the nation eased in February. In Switzerland, M3 money … Continue reading →

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USD/JPY: Yen surged this morning after Japan reported trade surplus

Posted on March 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.27% against the JPY and closed at 83.46. In economic news, convenience store sales in Japan rose 4.8% (YoY) in February, compared to a rise of 1.7% in January. In the … Continue reading →

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GBP/USD: Pound unmoved by Osborne’s Budget, BoE’s Minutes

Posted on March 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.5866. GBP had come under pressure after reports showed an unexpected jump in February UK public borrowing. The public sector net borrowing reported a … Continue reading →

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EUR/USD: Euro fell on Spain’s concerns, trading higher this morning

Posted on March 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.19% against the USD and closed at 1.3211, as risk aversion returned and market participants remained cautious as the focus shifted to Spain and away from Greece. Spanish bond yields climbed … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on March 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.15% against the USD to close at 1.0484. In the Asian session, at GMT0400, the pair is trading at 1.0491, with the AUD trading 0.06% higher from yesterday’s close. On the … Continue reading →

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USD/CAD: Canadian Dollar cementing gains in the Asian session

Posted on March 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.39% against the CAD to close at 0.9912. Data released in the US showed that the new building permits climbed higher-than-expected 5.1% to an annual rate of 717,000 in February, the … Continue reading →

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USD/CHF: Swiss Franc continues to trade higher; IMF backs Franc exchange rate policy

Posted on March 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.06% against the CHF and closed at 0.9112. Swiss Franc rose after reports indicated more than expected rise in the Swiss industrial production. On the economic front, industrial production in Switzerland … Continue reading →

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USD/JPY: Yen trading steady ahead of trade balance data in Japan

Posted on March 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.33% against the JPY and closed at 83.68. In the Asian session, at GMT0400, the pair is trading at 83.66, with the USD trading 0.02% lower from yesterday’s close. Data just … Continue reading →

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GBP/USD: Pound trading higher ahead of annual budget and BoE Minutes in the UK

Posted on March 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.5865, after the Confederation of British Industry said industrial order expectations declined more-than-expected in March. On the economic front, Consumer Price Index in the … Continue reading →

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