USD/JPY: Yen continues its northward journey

Posted on January 30, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 1.00% against the JPY, on Friday, and closed at 76.70. In the Asian session, at GMT0400, the pair is trading at 76.67, with the USD trading 0.03% lower from Friday’s close. … Continue reading →

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GBP/USD: Pound trading lower this morning after Friday’s gains

Posted on January 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP rose 0.25% against the USD, on Friday, and closed at 1.5726. In the UK, this morning, the Hometrack Housing Survey showed that the house prices, on monthly basis, remained flat in … Continue reading →

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EUR/USD: Euro rose on Greece debt hopes, trading lower this morning

Posted on January 30, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR rose 0.79% against the USD, on Friday, and closed at 1.3211, amid hopes that Greece and its private-sector creditors would reach an agreement. On Friday, Fitch downgraded the sovereign credit ratings … Continue reading →

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AUD/USD: Aussie retreats in the Asian session

Posted on January 27, 2012 by GCI Financial

AUD extended its previous session gains and rose 0.32% against the USD, for the 24 hours to 23:00 GMT, to close at 1.0628, as higher commodity prices supported the demand for the commodity linked currency, after the US Federal Reserve … Continue reading →

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USD/CAD: Canadian dollar trading lower this morning after yesterday’s rise

Posted on January 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 1.0020. Positive economic data in the US prompted investors to take out money from the safe haven greenback and invest in riskier currencies. In … Continue reading →

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USD/CHF: Swiss Franc drifting lower this morning; Investors await KOF Swiss Leading Indicator data

Posted on January 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CHF and closed at 0.9207. The Swiss National Bank’s Financial Stability Board has warned in its report that the combination of the EURCHF floor with a low interest … Continue reading →

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EUR/USD: Euro trading tad lower in the Asian session; Greece debt talks in focus

Posted on January 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.3106. On the economic front, the GfK Group reported that the Consumer Confidence Index in Germany would rise to a reading of 5.9 in … Continue reading →

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GBP/USD: British Pound gives up some gains in the Asian session

Posted on January 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.5687. In economic news, the Confederation of British Industry (CBI) in its Distributive Trades Survey indicated that the retail sales balance in the UK … Continue reading →

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USD/JPY: Yen trading higher after release of positive economic data from Japan

Posted on January 27, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 77.47. Data released this morning showed that retail sales in Japan rose 2.5% (YoY) to ¥13.049 trillion in December, following an upwardly revised 2.0% … Continue reading →

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AUD/USD: Aussie holds on to yesterday’s gains

Posted on January 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.03% against the USD to close at 1.0594, as risk appetite increased after the US Federal Reserve announced that it would keep interest rates at exceptionally low levels until at least … Continue reading →

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USD/CAD: Greenback continues to trade lower after the Federal Reserve extends target

Posted on January 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD fell 0.46% against the CAD to close at 1.0046, after the US Federal Reserve stated that its benchmark interest rate would stay low until at least 2014, and as higher crude oil … Continue reading →

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