USD/CHF: Swiss Franc gained on broad dollar weakness, trading lower this morning

Posted on January 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.65% against the CHF and closed at 0.9217. Yesterday, the Federal Open Market Committee (FOMC) left its benchmark interest rates unchanged at 0.25% and maintained its target interest rate at 0.0%-0.25%. … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Gopher trading between is MA’s

Posted on January 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 77.71. USD was pressurized after the Federal Reserve stated that it would keep interest rates exceptionally low for more than a year longer than … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: British Pound trading steady in the Asian session

Posted on January 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.5656. However, gains were limited in the Pound as the UK GDP contracted a more-than-expected 0.2% sequentially in the fourth quarter of 2011, raising … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro advanced on successful bond auction; positive economic data

Posted on January 26, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.56% against the USD and closed at 1.3106, after German business confidence improved more-than-expected in January, moving higher for the third consecutive month. Additionally, the dollar weakened after the FOMC extended … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Aussie trading higher this morning, Australian Q4 CPI unchanged

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.36% against the USD to close at 1.0486. In the Asian session, at GMT0400, the pair is trading at 1.0522, with the AUD trading 0.35% higher from yesterday’s close. This morning, … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar continues its downward movement

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.10% against the CAD to close at 1.0092. Data released in Canada showed that the retail sales advanced 0.3% (MoM) to C$38.7 billion in November, in line with market expectations. In … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swissy showing convergence with its MA’s

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.9277. The Organization for Economic Co-operation and Development stated that Switzerland should maintain an expansionary monetary policy as inflationary pressures remain extremely low. In … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen extends losses after Japan posts its first annual trade deficit in 31 years

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, JPY weakened 0.92% against the USD and closed at 77.69, after the Bank of Japan (BoJ) trimmed its economic growth forecasts through fiscal 2012, and keeping its interest-rate target unchanged. Bank of Japan … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: British Pound gained as UK budget deficit narrows, trading lower this morning

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD and closed at 1.5624, after reports showed that the government’s budget deficit narrowed. In the UK, the public sector net borrowing declined to £10.8 billion in December, … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: EUR advanced on positive EU PMI, trading lower on Greece debt deadlock

Posted on January 25, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3034, after the release of better than expected Euro-zone Purchasing Managers’ Index (PMI) data. In the Euro-zone, the manufacturing PMI rose to 48.7 in … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Aussie rose on higher risk appetite, trading lower in the Asian session

Posted on January 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.49% against the USD to close at 1.0524. In the Asian session, at GMT0400, the pair is trading at 1.0486, with the AUD trading 0.36% lower from yesterday’s close. LME Copper … Continue reading →

Posted in AUD/USD | Leave a comment