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

Posted on February 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.34% against the CHF and closed at 0.9118. Swiss Franc advanced after the Consumer Confidence Index in Switzerland rose to level of -19.0 in January, compared to a level of -24.0 … Continue reading →

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USD/JPY: Yen trading higher this morning after yesterday’s fall

Posted on February 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.76% against the JPY and closed at 77.65 after the US Department of Labor reported that the number of individuals filing for initial jobless benefits in the week ended 4 February … Continue reading →

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GBP/USD: Pound trims gains against US dollar

Posted on February 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.5815, after the Bank of England’s decided to lift its bond-purchase program by £50 billion to £325 billion, and left interest rates unchanged at … Continue reading →

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EUR/USD: Euro advances as Greek leaders agree on austerity, trading lower this morning

Posted on February 10, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.47% against the USD and closed at 1.3286, after Greek Prime Minister, Lucas Papademos stated that an agreement on austerity measures required to secure a second bailout had been secured. Separately, … Continue reading →

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AUD/USD: Aussie erases losses this morning

Posted on February 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0774. In the Asian session, at GMT0400, the pair is trading at 1.0777, with the AUD trading marginally higher from yesterday’s close, after the … Continue reading →

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USD/CAD: Canadian dollar cementing gains this morning

Posted on February 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.23% against the CAD to close at 0.9970. Canadian dollar fell after the Canada Mortgage and Housing Corporation (CMHC) indicated that, on a seasonally adjusted basis, housing starts in Canada declined … Continue reading →

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USD/CHF: Swiss Franc fell as unemployment rate rises to 10-month high, trading higher this morning

Posted on February 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.35% against the CHF and closed at 0.9148. Swiss Franc edged down after reports showed that the Swiss unemployment climbed to its highest level in 10 months in January. On an … Continue reading →

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USD/JPY: Yen fell on weak economic data from Japan

Posted on February 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.36% against the JPY and closed at 77.06. Yen declined after the Japanese Economic Watchers’ survey results showed that the Current Conditions Index declined to 44.1 in January, compared to 47.0 … Continue reading →

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GBP/USD: Trading higher, a series of UK economic data awaited today

Posted on February 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.66% against the USD and closed at 1.5797. In the Asian session, at GMT0400, the pair is trading at 1.5809, with the GBP trading 0.08% higher from yesterday’s close. The pair … Continue reading →

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EUR/USD: Euro trading higher as Greek debt talks progress; ECB rate decision awaited

Posted on February 9, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.3224, after the release of disappointing economic data in the Euro-zone. In economic news, German trade surplus narrowed to €12.9 billion in December, compared … Continue reading →

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USD/CHF: Pair trading higher ahead of Swiss unemployment data

Posted on February 8, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.83% against the CHF and closed at 0.9116. On the economic front, Switzerland’s foreign exchange reserves declined to CHF227.21 billion in January, from CHF254.25 billion recorded in December. The interim Central … Continue reading →

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