USD/CAD: Trading flat this morning

Posted on December 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.22% against the CAD to close at 1.0187. Canadian dollar rose sharply against the greenback, boosted by Canadian Gross Domestic Product (GDP) data and coordinated action by Central Banks including the … Continue reading →

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USD/CHF: Greenback trading flat this morning after yesterday’s fall

Posted on December 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.71% against the CHF and closed at 0.9139. In Switzerland, the KOF Leading indicator fell to 0.35 in November, compared to 0.75 in the previous month. In the Asian session, at … Continue reading →

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USD/JPY: Trading between its MA’s

Posted on December 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.45% against the JPY and closed at 77.60. In Japan, yesterday, the housing starts fell 5.8% (YoY) in October, following a 10.8% decline in the previous month. Additionally, construction orders rose … Continue reading →

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GBP/USD: Greenback fell sharply yesterday, after coordinated Central Bank’s action, trading flat this morning

Posted on December 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.59% against the USD and closed at 1.5696. The greenback came under heavy pressure, as investors cheered a coordinated central bank action to provide liquidity to the financial sector. Investors risk … Continue reading →

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EUR/USD: Euro rises after Central Banks’ announce joint liquidity measures

Posted on December 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.84% against the USD and closed at 1.3439, after the coordinated central bank action to make more funds available to lenders to help contain the Europe’s debt crisis. The U.S. Federal … Continue reading →

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AUD/USD: Aussie advanced on Fitch upgrade, trading lower this morning

Posted on November 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.20% against the USD to close at 1.0033, after Fitch upgraded Australian foreign currency Issuer Default Rating (IDR) to ‘AAA’ from ‘AA+’ with a ‘Stable’ outlook. In the Asian session, at … Continue reading →

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USD/CAD: Canadian dollar trading lower this morning, GDP data awaited in Canada

Posted on November 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.33% against the CAD to close at 1.0313. Canadian dollar rose, after better-than-expected consumer confidence data in the US boosted investors’ risk appetite. In economic news, on a seasonally adjusted basis, … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on November 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.24% against the CHF and closed at 0.9205. The Swiss Franc rose against the greenback, after the Swiss UBS consumption indicator rose to 0.91 in October, following 0.84 in September. In … Continue reading →

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USD/JPY: Yen gives up some gains in the Asian session

Posted on November 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.14% against the JPY and closed at 77.95. In the Asian session, at GMT0400, the pair is trading at 77.94, with the USD trading flat from yesterday’s close. In Japan, this … Continue reading →

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GBP/USD: Pound drifting lower this morning after yesterday’s rise

Posted on November 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.65% against the USD and closed at 1.5604. The UK Chancellor of Exchequer, George Osborne announced that growth forecast for the UK economy in 2011 and 2012 has been revised lower … Continue reading →

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EUR/USD: Euro trading flat this morning, Investors eye German retail sales and EU unemployment data

Posted on November 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.08% against the USD and closed at 1.3327. However, gains in euro were limited after the European Central Bank (ECB) failed to fully offset its purchases of Euro-zone government bonds, highlighting … Continue reading →

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