EUR/USD: Euro higher on China Easing, Greece Prospect

Posted on February 20, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD on Friday and closed at 1.3147, on optimism that Greece’s European partners would agree to a deal on a second bailout. On the economic front, on a … Continue reading →

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AUD/USD: Aussie traded higher on lower unemployment rate

Posted on February 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.58% against the USD to close at 1.0752, after unemployment rate in Australia eased to 5.1% in January. In the Asian session, at GMT0400, the pair is trading at 1.0781, with … Continue reading →

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USD/CAD: Loonie higher on higher risk appetite, Canadian consumer price data awaited

Posted on February 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.37% against the CAD to close at 0.9967, as risk appetite rose after upbeat economic data in the US. In the US, initial jobless claims unexpectedly fell by 13,000 to 348,000 … Continue reading →

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USD/CHF: Swiss Franc tad higher this morning

Posted on February 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.54% against the CHF and closed at 0.9192. In the Asian session, at GMT0400, the pair is trading at 0.9190, with the USD trading 0.02% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Greenback edges up against Yen

Posted on February 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.59% against the JPY and closed at 78.87. In the US, jobless-benefit claims unexpectedly slid to a four-year low. Additionally, housing starts came in higher than expected in January, while Philadelphia-area … Continue reading →

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GBP/USD: British Pound continues to trade higher

Posted on February 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.72% against the USD and closed at 1.5802. In the Asian session, at GMT0400, the pair is trading at 1.5806, with the GBP trading 0.02% higher from yesterday’s close. The pair … Continue reading →

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EUR/USD: Euro up on renewed optimism over Greece debt crisis

Posted on February 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.57% against the USD and closed at 1.3131, amid renewed optimism over Greece, after reports indicated that the European Central Bank (ECB), would swap its holdings of Greek bonds for new … Continue reading →

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USD/CHF: Swiss Franc continues to lose steam this morning

Posted on February 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.46% against the CHF and closed at 0.9241. In Switzerland, the Center for European Economic Research (ZEW) and Credit Suisse revealed that the Economic Expectations Index climbed sharply to -21.2 in … Continue reading →

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USD/CAD: Loonie declines to parity on risk aversion

Posted on February 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.13% against the CAD to close at 1.0004, as risk appetite dampened on speculation that the bailout package for Greece might be delayed until it holds elections this year. In the … Continue reading →

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USD/JPY: Yen trading higher, Awaits BoJ monetary policy meeting minutes

Posted on February 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 78.40. Data released in Japan showed that the machine tool orders fell 6.9% (YoY) in January, compared to a 6.6% decline in December. In … Continue reading →

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AUD/USD: Aussie trading marginally higher this morning as unemployment rate in Australia retreated

Posted on February 16, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0690. In the Asian session, at GMT0400, the pair is trading at 1.0695, with the AUD trading 0.04% higher from yesterday’s close, after the … Continue reading →

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