USD/CAD: Canadian dollar fell on risk aversion, marginally higher this morning

Posted on February 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.24% against the CAD to close at 0.9997, as less-than-expected improvement in manufacturing activity in Europe and China and uncertainty over Greece’s ability to execute strict austerity measures weighed on demand … Continue reading →

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USD/CHF: Swiss Franc adding to yesterday’s gains

Posted on February 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.25% against the CHF and closed at 0.9103. In the Asian session, at GMT0400, the pair is trading at 0.9093, with the USD trading 0.11% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen continues to decline against greenback

Posted on February 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.72% against the JPY and closed at 80.32. In Japan, supermarket sales declined 1.2% (YoY) in January, following a 0.6% fall in December. In the Asian session, at GMT0400, the pair … Continue reading →

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GBP/USD: Pound slips after BoE minutes show 2 votes for greater stimulus

Posted on February 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.71% against the USD and closed at 1.5666, after minutes from the Bank of England’s Monetary Policy Committee revealed that members Adam Posen and David Miles pushed for a £75 billion … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on February 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.3248. Gains were limited as concerns over the outlook for the European economy weighed on investor sentiment following weak manufacturing activity data from the … Continue reading →

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AUD/USD: Aussie tad lower this morning

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.72% against the USD to close at 1.0654. In the Asian session, at GMT0400, the pair is trading at 1.0654, with the AUD trading marginally lower from yesterday’s close. This morning, … Continue reading →

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USD/CAD: Loonie fell on weak Canadian retail sales data

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.31% against the CAD to close at 0.9972. The Canadian dollar fell after reports showed that retail sales in Canada declined in December. In economic news, retail sales in Canada eased … Continue reading →

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USD/CHF: Swissy declines as trade surplus in Switzerland narrows unexpectedly

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose marginally against the CHF and closed at 0.9126. Data released in Switzerland showed that trade surplus narrowed to CHF1.6 billion in January, compared to a surplus of CHF 2.0 billion in … Continue reading →

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USD/JPY: Greenback extends its gains in the Asian session

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.17% against the JPY and closed at 79.75. On data front, All Industry Activity Index in Japan advanced 1.3% (MoM) in December, compared to a 1.0% drop in November. In the … Continue reading →

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GBP/USD: Pound trading higher ahead of BoE Minutes

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.36% against the USD and closed at 1.5779. In the UK, the public sector net borrowing swung to a surplus of £10.7 billion in January, marking the highest monthly budget surplus … Continue reading →

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EUR/USD: Euro down as Greek uncertainty persist

Posted on February 22, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.01% against the USD and closed at 1.3232. Despite the announcement of a new bailout package, the Euro could not hold on its initial gains, amid uncertainty over the implementation of … Continue reading →

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