USD/CAD: Rising oil prices and a weaker dollar kept Canadian dollar higher, trading lower this morning

Posted on January 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.68% against the CAD to close at 1.0083. The Canadian dollar advanced amid higher oil prices and a weaker dollar. Additionally, Canada’s leading economic indicators climbed 0.8% in December, more than … Continue reading →

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

Posted on January 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.03% against the CHF and closed at 0.9277. The Swiss National Bank reported that Swiss M3 money supply climbed 7.7% (YoY) in December, compared to a 7.3% rise in the previous … Continue reading →

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USD/JPY: Yen trading lower this morning after BoJ cuts economic growth forecasts, keeps key rates unchanged

Posted on January 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.05% against the JPY and closed at 76.99. This morning, the Bank of Japan (BoJ) has retained its benchmark interest rate in the range of zero to 0.1%, as widely expected. … Continue reading →

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GBP/USD: British Pound losing steam in the Asian session

Posted on January 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5566. The Bank of England (BoE) policy maker, Adam Posen, has stated that the central bank would increase its bond-purchase target next month if … Continue reading →

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EUR/USD: Euro rose after successful bond auction in Germany & France, trading lower this morning after Greek setback

Posted on January 24, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.97% against the USD and closed at 1.3015, amid optimism over a possible deal between Greece and its creditors. Further, Euro rose after Germany raised €2.54 billion through the issue of … Continue reading →

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USD/CAD: Canadian dollar fell on slower annual inflation, trading higher this morning

Posted on January 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.40% against the CAD on Friday to close at 1.0152, amid speculation that the Bank of Canada would keep the benchmark lending rate at 1.0%, after a report showed that Canada’s … Continue reading →

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

Posted on January 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.56% against the CHF on Friday and closed at 0.9373. In the Asian session, at GMT0400, the pair is trading at 0.9371, with the USD trading 0.02% lower from Friday’s close. … Continue reading →

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AUD/USD: Aussie extended its gain in the Asian session

Posted on January 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.52% against the USD on Friday to close at 1.0473. In the Asian session, at GMT0400, the pair is trading at 1.0486, with the AUD trading 0.12% higher from Friday’s close. … Continue reading →

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GBP/USD: British Pound rose on positive UK retail sales, trading lower this morning

Posted on January 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.40% against the USD on Friday and closed at 1.5551, after the Office for National Statistics reported that the UK retail rose 0.6% (MoM) in December, following a revised 0.5% drop … Continue reading →

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USD/JPY: Yen losing ground this morning after Friday’s rise

Posted on January 23, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.18% against the JPY on Friday and closed at 76.95. Data released in Japan showed that the Leading Index was revised higher to a reading of 93.2 in November, while the … Continue reading →

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EUR/USD: Euro fell on Greece debt talks

Posted on January 23, 2012 by GCI Financial

  For the 24 hours to 23:00 GMT, EUR declined 0.60% against the USD on Friday and closed at 1.2891, amid concerns over Greece’s fiscal crisis, as Greek officials and private creditorsstruggle to reach agreement on a debt-swap deal. Investors … Continue reading →

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