USD/CAD: Canadian dollar continues to add to yesterday’s gains

Posted on January 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.27% against the CAD to close at 1.0158. The Bank of Canada maintained its key interest rate unchanged at 1.0%. The central bank noted that “the outlook for the global economy … Continue reading →

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AUD/USD: Aussie gains on positive data from China, Australia

Posted on January 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.59% against the USD to close at 1.0375, bolstered by better-than-expected GDP data in China. In Australia, the Westpac-Melbourne Institute consumer confidence index rose 2.4% (MoM) in January to 97.1 from … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of ZEW Survey data

Posted on January 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.72% against the CHF and closed at 0.9494. In the Asian session, at GMT0400, the pair is trading at 0.9464, with the USD trading 0.32% lower from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen higher this morning after trading flat yesterday

Posted on January 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose marginally higher against the JPY and closed at 76.83. In the US, the Federal Reserve Bank of New York reported that its General Business Conditions Index advanced to 13.5 in January, … Continue reading →

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GBP/USD: British Pound extended its gain this morning

Posted on January 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose marginally higher against the USD and closed at 1.5331. The pound rose against the broadly weaker US dollar, as market sentiment was buoyed by stronger than expected Euro-zone and Chinese economic … Continue reading →

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EUR/USD: Euro rises on falling yields, positive economic data

Posted on January 18, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.63% against the USD and closed at 1.2740, as investor risk appetite improved on the back of positive economic data by Germany. In the Euro-zone, the consumer price inflation fell to … Continue reading →

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AUD/USD: Aussie moves north after China’s economic growth exceeds estimates

Posted on January 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.31% against the USD to close at 1.0314. In the Asian session, at GMT0400, the pair is trading at 1.0388, with the AUD trading 0.72% higher from yesterday’s close, after China’s … Continue reading →

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USD/CAD: Loonie up amid rising crude oil prices, little reaction to S&P downgrades

Posted on January 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.66% against the CAD to close at 1.0185, as rising oil prices supported the Canadian Dollar. The Statistics Canada indicated that the number of new motor vehicles sold in Canada declined … Continue reading →

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USD/CHF: Trading lower this morning

Posted on January 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.13% against the CHF and closed at 0.9563. In Switzerland, the Producer and Import Price Index fell 2.3% (YoY) in December. In the Asian session, at GMT0400, the pair is trading … Continue reading →

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USD/JPY: Japanese Yen up on economic data

Posted on January 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.15% against the JPY and closed at 76.82, following a rise in Japanese machinery orders. In Japan, on a seasonally adjusted basis, the Consumer Confidence Index edged up to of 38.9 … Continue reading →

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GBP/USD: Trading higher despite EFSF downgrade

Posted on January 17, 2012 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.5318. In response to the downgrade of nine of the 17 Euro-zone economies by Standard & Poor’s, the UK Chancellor of the Exchequer George … Continue reading →

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