AUD/USD: Aussie marches northwards this morning

Posted on March 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.67% against the USD to close at 1.0591. On a month-on-month basis, new house prices in China fell in 45 of 70 large cities in February, compared to 47 … Continue reading →

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USD/CAD: Greenback dollar continues its fall in the Asian session

Posted on March 19, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, USD declined 0.09% against the CAD to close at 0.9913. In Canada, manufacturing shipments sales declined 0.9% (MoM) to $49.6 billion in January as against 0.6% growth in the December and … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on March 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.76% against the USD to close at 1.0521. In the Asian session, at GMT0400, the pair is trading at 1.0544, with the AUD trading 0.22% higher from yesterday’s close. LME Copper … Continue reading →

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USD/CAD: Higher risk appetite boosts Loonie

Posted on March 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD to close at 0.9922. The Canadian Dollar rose as risk appetite increased after the executive board of the International Monetary Fund (IMF) approved a €28 billion ($36.49 … Continue reading →

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USD/CHF: SECO upgraded Swiss growth forecast for 2012; Swiss Franc continues its upward journey

Posted on March 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.81% against the CHF and closed at 0.9234. On the economic front, Switzerland’s State Secretariat for Economics (SECO) improved its growth prospects to 0.8% for 2012, up from a December forecast … Continue reading →

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USD/JPY: Yen continues to trade higher

Posted on March 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.25% against the JPY and closed at 83.59. On the data front, In Japan, Tokyo Condominium Sales rose 13.0% (YoY) in February compared to a growth of 32.6% in January. In … Continue reading →

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GBP/USD: Pound extending its previous session gains

Posted on March 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.5705. In the Asian session, at GMT0400, the pair is trading at 1.5721, with the GBP trading 0.10% higher from yesterday’s close. The pair … Continue reading →

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EUR/USD: Euro gained momentum after IMF approved a 4-year loan for Greece

Posted on March 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3079, after the executive board of the International Monetary Fund (IMF) approved a €28 billion ($36.49 billion) loan for Greece. The approval would allow … Continue reading →

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USD/JPY: Yen trading lower ahead of BoJ Monetary Policy Meeting Minutes

Posted on March 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 1.05% against the JPY and closed at 83.79. In economic news, on an annual basis, machine tool orders in Japan fell 8.6% in February, compared to the same fall recorded in … Continue reading →

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GBP/USD: GBP down on downbeat economic data in UK, Fitch lowered UK outlook

Posted on March 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at1.5667, as domestic economic data failed to impress investors, with unemployment benefit claims climbing more than expected to 7,200 new claims, showing continued concerns for … Continue reading →

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EUR/USD: Euro down on disappointing data from Euro-zone, recovering this morning

Posted on March 15, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.38% against the USD and closed at 1.3029, amid weak data from the Europe. On a yearly basis, industrial production in the Euro-zone fell 1.2% in January, compared to a 1.8% … Continue reading →

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