GBP/USD: Pound rose on positive UK house price data, trading lower this morning

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5958, on an upbeat UK house price data. On an annual basis, the Nationwide Housing Prices in the UK rose 0.9% in February, … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro continues its southward journey this morning, Euro-zone PPI awaited

Posted on March 2, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.08% against the USD and closed at 1.3318, after unemployment rate in the Euro-zone climbed to the highest level in 14-years to 10.7% in January, while another report showed that … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Aussie regained this morning on positive economic data from Australia and China

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.32% against the USD to close at 1.0738, as greenback strengthened after comments from the Federal Reserve Chairman Bernanke reduced speculation that the central bank would provide more monetary stimulus. In … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar holds on to yesterday’s gains

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD to close at 0.9890. In the Asian session, at GMT0400, the pair is trading at 0.9888, with the USD trading 0.02% lower from yesterday’s close. The pair … Continue reading →

Posted in USD/CAD | Leave a comment

USD/JPY: Dollar up as Bernanke comments abated QE speculation, trading lower this morning

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.98% against the JPY and closed at 81.31, as the speculation of more quantitative easing in the US faded after the Federal Reserve Chairman, Ben Bernanke failed to mention it in … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc trading higher ahead of GDP and PMI data in Switzerland

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.00% against the CHF and closed at 0.9044. In Switzerland, the KOF economic barometer climbed to a reading of -0.12 in February, from an upwardly revised reading of -0.15 in January. … Continue reading →

Posted in USD/CHF | Leave a comment

EUR/USD: ECB injects €529 billion; Euro trading higher this morning

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.99% against the USD and closed at 1.3328, after key events including the European Central Bank’s cash injection passed without surprise. Meanwhile, the greenback rose, after the Federal Reserve Chairman, Ben … Continue reading →

Posted in EUR/USD | Leave a comment

GBP/USD: Sterling gives up some gains in the Asian session

Posted on March 1, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5923, after the release of positive economic data in the UK. Data released in the UK showed that the mortgage approvals advanced to 58,728 … Continue reading →

Posted in GBP/USD | Leave a comment

USD/CHF: Swiss Franc trading higher ahead of consumer price data in Switzerland

Posted on February 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.44% against the CHF and closed at 0.8954. In Switzerland, the UBS Consumption indicator fell to 0.92 in January, from 0.94 in December. Meanwhile, the interim Chairman of Swiss National Bank, … Continue reading →

Posted in USD/CHF | Leave a comment

AUD/USD: Aussie trading higher on strong retail sales data in Australia

Posted on February 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 1.0773, on broad dollar weakness. In the Asian session, at GMT0400, the pair is trading at 1.0805, with the AUD trading 0.30% higher from … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar extends its gains in the Asian session

Posted on February 29, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.32% against the CAD to close at 0.9951, ahead of the ECB’s release of long-term liquidity into region’s financial system through three-year loans to banks. In the Asian session, at GMT0400, … Continue reading →

Posted in USD/CAD | Leave a comment