USD/CHF: Swiss Franc continues its downward journey

Posted on December 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.52% against the CHF, on Friday, and closed at 0.9205. In Switzerland, the annual real retail sales remained unchanged in October, following a 1.4% fall in September. In the Asian session, … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen fell amid intervention concerns, trading flat this morning

Posted on December 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.30% against the JPY, on Friday, and closed at 77.99. The Japanese Yen traded lower, amid concerns that the Japanese Government would intervene in the currency markets, to stem the rise … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Pound declined amid fall in the UK construction PMI, trading flat this morning

Posted on December 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.59% against the USD, on Friday, and closed at 1.5599, following reports showing a decline in the UK construction PMI. British Pound also came under pressure, after the Bank of England’s … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro ticks-up this morning, amid optimism over Europe

Posted on December 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.44% against the USD, on Friday, and closed at 1.3401. German Chancellor, Angela Merkel, on Friday, stated that European nations are moving toward a “fiscal union” with more stringent budgetary oversight … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Aussie slips further in Asian session

Posted on December 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0225. In the Asian session, at GMT0400, the pair is trading at 1.0222, with the AUD trading sligthly lower from yesterday’s close. LME Copper … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Trading below its MA’s

Posted on December 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0144. In the Asian session, at GMT0400, the pair is trading at 1.0147, with the USD trading 0.03% higher from yesterday’s close. The pair … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc extends its loses after poor PMI data in Switzerland

Posted on December 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF and closed at 0.9157. In Switzerland, the SVME manufacturing Purchasing Managers’ Index (PMI) declined to 44.8 in November, compared to 46.9 in October. Meanwhile, Gross Domestic Product … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Yen continues to trade lower in the Asian session

Posted on December 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.20% against the JPY and closed at 77.76. Yesterday, the Japanese Prime Minister, Yoshihiko Noda, called for the preparation of a new budget of around ¥2 trillion, to be enacted before … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Poor UK PMI continues to weigh on Pound

Posted on December 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.5691, following reports that showed contraction in the UK PMI. In the UK, the manufacturing Purchasing Managers’ Index (PMI) contracted to 47.6 in November, … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro rose on well-received Spanish and French auctions, trading flat this morning

Posted on December 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.3461, as investor sentiment was lifted after the Spanish bond auction met its target sale. Spain sold €3.75 billion ($5 billion) of government bonds, … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Aussie trading lower on disappointing economic data in Australia

Posted on December 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 2.34% against the USD to close at 1.0267. In the Asian session, at GMT0400, the pair is trading at 1.0222, with the AUD trading 0.44% lower from yesterday’s close, after Australian … Continue reading →

Posted in AUD/USD | Leave a comment