AUD/USD: PM Julia Gillard maintains power; Aussie trading tad lower

Posted on February 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD on Friday and close at 1.0699, amid concern that Greece would face difficulties in resolving its debt crisis, damping demand for higher-yielding assets. In the Asian session, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar extended its losses this morning

Posted on February 27, 2012 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD rose 0.24% against the CAD to close at 0.9996. In the Asian session, at GMT0400, the pair is trading at 1.0004, with the USD trading 0.08% higher from Friday’s close. … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Greenback cementing gains against Swiss Franc in the Asian session

Posted on February 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.67% against the CHF on Friday and closed at 0.8953. In the Asian session, at GMT0400, the pair is trading at 0.8957, with the USD trading 0.04% higher from Friday’s close. … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen continues to drift lower in the Asian session

Posted on February 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 1.25% against the JPY on Friday and closed at 81.00. In the US, the Thomson Reuters/University of Michigan index of consumer sentiment was upwardly revised to a reading of 75.3 in … Continue reading →

Posted in USD/JPY | Leave a comment

AUD/USD: Aussie up on RBA comments that monetary policy is appropriate

Posted on February 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.95% against the USD to close at 1.0730, after Reserve Bank of Australia Governor (RBA), Glenn Stevens, played down chance of interest rate cut and possible AUD intervention. Reserve Bank Governor, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie climbs on higher risk appetite and rising oil prices, trading lower this morning

Posted on February 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.24% against the CAD to close at 0.9972, as upbeat German business confidence and US labor market data, boosted demand for higher-yielding assets. Rising oil prices further supported the Canadian dollar. … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc losing ground in the Asian session

Posted on February 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.99% against the CHF and closed at 0.9013. In the Asian session, at GMT0400, the pair is trading at 0.9017, with the USD trading 0.05% higher from yesterday’s close. The pair … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen retreats in the Asian session

Posted on February 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.40% against the JPY and closed at 80.00. Data released this morning showed that the Corporate Service Price Index (CSPI) in Japan declined 0.2% (YoY) in January, compared to a 0.1% … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: GBP rose as UK factory orders climbs to a six-month high, trading lower this morning

Posted on February 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.51% against the USD and closed at 1.5747, after the CBI reported that UK factory orders rose to a six-month high in February. On the economic front, the Confederation of British … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro jumps on strong German business sentiment data

Posted on February 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.93% against the USD and closed at 1.3372, after German business climate index climbed for a fourth-straight month in January to the highest reading since July. The Ifo Institute reported that … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Political uncertainty weighed on Australian Dollar, trading higher this morning

Posted on February 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0629, after Australian Prime Minister, Julia Gillard called a leadership ballot following the resignation of Foreign Minister Kevin Rudd. In the Asian session, at … Continue reading →

Posted in AUD/USD | Leave a comment