USD/CHF: Swiss Franc trading higher this morning

Posted on November 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.13% against the CHF and closed at 0.9213. The Swiss Franc fell after an official data indicated a decline in economic expectations for Switzerland in November. In Switzerland, the ZEW Economic … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Pair trading below its MA’s

Posted on November 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY and closed at 76.97. Yesterday, the Bank of Japan (BoJ), in its monthly report, stated that exports and production are expected to be more or less flat … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: British Pound extends its previous session gains amid upbeat UK retail sales data

Posted on November 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5759, following reports showing strong UK retail sales data. On an annual basis, the retail sales in the UK rose 0.9% in October, following … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro continues to rise despite rising Italian, Spanish yields

Posted on November 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3470, as relatively upbeat U.S. economic boosted appetite for riskier assets. Meanwhile investors remained concerned over unsustainable borrowing costs in Italy. Spanish and French … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Pair trading below its MA’s

Posted on November 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.95% against the USD to close at 1.0073. In the Asian session, at GMT0400, the pair is trading at 1.0085, with the AUD trading 0.12% higher from yesterday’s close. LME Copper … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian Dollar fell as risk aversion increases, trading higher this morning

Posted on November 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 1.0245, as concerns that the Euro-zone debt crisis is spreading reduced demand for high-yielding assets. In the Asian session, at GMT0400, the pair is … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Swiss Franc trading flat this morning

Posted on November 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.45% against the CHF and closed at 0.9201, as investors flocked to US dollar over worries the Euro-zone debt crisis would spread. In the Asian session, at GMT0400, the pair is … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Pair converging with its MA’s

Posted on November 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 77.04. In the US, on a monthly basis, the Consumer Price Index (CPI) declined 0.1% in October, following a 0.3% increase recorded in the … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: British Pound fell after BoE cuts inflation, growth outlook; trading higher in Asian session

Posted on November 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.59% against the USD and closed at 1.5725, over BoE poor economic outlook. Bank of England (BoE), in its Quarterly Inflation Report, predicted that inflation would fall to 1.3% in two … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro trading higher this morning; Barroso warns “Systematic Crisis” in Euro-zone

Posted on November 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.56% against the USD and closed at 1.3451, over investors’ speculation that the spreading debt crisis would curb economic growth and pressurize the European central bank to ease monetary policy. European … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Pair trading below its MA’s

Posted on November 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.23% against the USD to close at 1.0170, as Euro-zone debt crisis fears diminished demand for high-yielding assets. In the Asian session, at GMT0400, the pair is trading at 1.0089, with … Continue reading →

Posted in AUD/USD | Leave a comment