AUD/USD: Aussie extends its Friday’s gains

Posted on November 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.26% against the USD, on Friday, to close at 1.0276, amid optimism that Italian government would avoid debt turmoil. In the Asian session, at GMT0400, the pair is trading at 1.0305, … Continue reading →

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USD/CAD: Loonie rose on market optimism, trading lower in Asian session

Posted on November 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.44% against the CAD, on Friday, to close at 1.0125, as investors’ optimism increased after the Italian Senate approved debt-reduction measures, raising appeal for high-yielding assets. In the Asian session, at … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on November 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.55% against the CHF, on Friday, and closed at 0.9010. The Swiss National Bank Governing Board member, Jean-Pierre Danthine stated that the Swiss central bank is ready to act further on … Continue reading →

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USD/JPY: Trading flat this morning, Japan Q3 GDP rose 1.5% (QoQ)

Posted on November 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.68% against the JPY, on Friday, and closed at 77.12. In Japan, this morning, the Gross Domestic Product (GDP) rose 1.5% in the third quarter of 2011, following a 0.5% contraction … Continue reading →

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GBP/USD: Trading flat this morning after Friday’s gains

Posted on November 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.83% against the USD, on Friday, and closed at 1.6070. In the UK, the Output Price Index rose 5.7% (Y-o-Y) in October, compared to a 6.3% increase in September. In the … Continue reading →

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EUR/USD: Euro continues to rise, as investors cheer new leadership in Greece, Italy

Posted on November 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.06% against the USD, on Friday, and closed at 1.3752, supported by hopes that Italy and Greece are getting their fiscal houses in order. Euro rose as investors’ confidence in Italy’s … Continue reading →

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AUD/USD: Aussie continues to trade higher, Australia’s Treasurer, Swan calls on Europe to act quickly to end crisis

Posted on November 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 1.0148, following a report that showed that Australia’s unemployment rate eased unexpectedly in October. This morning, Australian Treasurer, Wayne Swan stated that the country … Continue reading →

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USD/CAD: Canadian dollar ekes out gain, helped by strong trade data

Posted on November 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.74% against the CAD to close at 1.0170, over strong trade balance data in Canada and as global markets stabilized on easing Euro-zone concerns. Trade balance in Canada showed a surplus … Continue reading →

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USD/CHF: Swissy trading steady in Asian session

Posted on November 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CHF and closed at 0.9060. In the Asian session, at GMT0400, the pair is trading at 0.9060, with the USD trading flat from yesterday’s close. The pair is … Continue reading →

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USD/JPY: Japanese Yen continues to trade higher

Posted on November 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY and closed at 77.65. In Japan, yesterday, the Consumer Confidence Index stood at 38.6 in October, unchanged from September. Additionally, this morning, the Tertiary Industry Index declined … Continue reading →

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GBP/USD: British Pound trading flat this morning, BoE retains £275 billion stimulus, freezes rate at record low

Posted on November 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD and closed at 1.5938, following reports that the Bank of England (BoE) kept its key interest rate at a record low of 0.5%. It also maintained its … Continue reading →

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