AUD/USD: RBA minutes show no rush to cut rates; Aussie trading lower this morning

Posted on February 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.55% against the USD to close at 1.0732. In the Asian session, at GMT0400, the pair is trading at 1.0718, with the AUD trading 0.13% lower from yesterday’s close. In the … Continue reading →

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USD/CAD: Canadian dollar continues to drift lower this morning

Posted on February 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.20% against the CAD to close at 0.9942. In the Asian session, at GMT0400, the pair is trading at 0.9947, with the USD trading 0.05% higher from yesterday’s close. The pair … Continue reading →

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

Posted on February 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.33% against the CHF and closed at 0.9122. In the Asian session, at GMT0400, the pair is trading at 0.9105, with the USD trading 0.19% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: S&P Affirms Japan Rating; Pair trading higher this morning

Posted on February 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.26% against the JPY and closed at 79.61. Standard and Poor’s has reaffirmed Japan’s sovereign-debt rating at “AA-” while maintaining a ‘Negative’ outlook and warned that a downgrade is likely if … Continue reading →

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GBP/USD: Sterling gaining strength in the Asian session

Posted on February 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5836. In economic news, the Council of Mortgage Lenders reported that the UK gross mortgage lending declined 14% in January from December. In the … Continue reading →

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EUR/USD: Euro jumps on second Greek bailout package

Posted on February 21, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD and closed at 1.3233. On the economic front, the French Confidence Index for the manufacturing sector remained unchanged at a reading of 92.0 in February. Additionally, in … Continue reading →

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AUD/USD: AUD trading higher on China’s easing measure

Posted on February 20, 2012 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, AUD weakened 0.35% against the USD to close at 1.0714. In the Asian session, at GMT0400, the pair is trading at 1.0781, with the AUD trading 0.62% higher from Friday’s close, … Continue reading →

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USD/CAD: Canada January inflation up; Pair trading lower this morning

Posted on February 20, 2012 by GCI Financial

On Friday, for the 24 hours to 23:00 GMT, USD declined 0.07% against the CAD to close at 0.9959. Data released in Canada showed that the CPI climbed rose 2.5% (YoY) in January, following a 2.3% rise in December. Additionally, … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on February 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined marginally against the CHF on Friday and closed at 0.9190. There were no major economic releases in Switzerland on Friday. Meanwhile, in the US, the Consumer Price Index rose 0.2% (MoM) … Continue reading →

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USD/JPY: Yen down as Japan trade deficit widens to a record

Posted on February 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.85% against the JPY on Friday and closed at 79.54. The Japanese Yen came under pressure after Bank of Japan Governor, Masaaki Shirakawa stated that the central bank would keep monetary … Continue reading →

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GBP/USD: Pound rose on strong UK retail sales data

Posted on February 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.23% against the USD and closed at 1.5838, after retail sales in the UK unexpectedly rose 0.9% (MoM) in January, at the fastest pace since April 2011, and from … Continue reading →

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