EUR/USD: Euro rebounds on positive updates from Italy & Greece

Posted on November 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.58% against the USD and closed at 1.3608, after Italy successfully completed its bond auction and positive developments in Greece on forming a new government, eased investors’ fears about the debt … Continue reading →

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AUD/USD: Australian Dollar halts decline amid positive employment report

Posted on November 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 2.37% against the USD to close at 1.0129, over renewed Euro-zone debt concerns, amid a leadership crisis in Greece, and as Italian 10-year government bonds yield soared to more than 7%. … Continue reading →

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USD/CAD: Loonie tumbles as risk aversion increased on Italian debt concerns, trading higher this morning

Posted on November 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.51% against the CAD to close at 1.0246. The Canadian dollar fell, as the Euro-zone debt crisis and fears that Italy would be forced to seek a bailout heightened risk aversion … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on November 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.63% against the CHF and closed at 0.9099. In the Asian session, at GMT0400, the pair is trading at 0.9146, with the USD trading 0.52% higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen trading flat this morning, Japan core machine orders plunge 8.2%

Posted on November 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 77.72. In Japan, yesterday, the Current conditions index rose to 45.9 in October, compared to 45.3 in September. Meanwhile, the Outlook index declined further … Continue reading →

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GBP/USD: Pair trading below its MA’s

Posted on November 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 1.14% against the USD and closed at 1.5908. In the UK, the overall trade balance, including goods and services trade deficit widened to £3.9 billion in September, from £2.7 billion for … Continue reading →

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EUR/USD: Euro fell as debt crisis deepens, trading flat this morning

Posted on November 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 2.14% against the USD and closed at 1.3529, after Italian government bond yields rose to 7.5%, raising fears that the country would need a bailout. In the Asian session, at GMT0400, … Continue reading →

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AUD/USD: Pair converging with its MA’s

Posted on November 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0375. In economic news, this morning, the Westpac Consumer Sentiment Index stood at 103.4 in November compared to 97.2 in October. In the Asian … Continue reading →

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USD/CAD: Canadian dollar rose after Italy’s Berlusconi promises to resign, trading lower this morning

Posted on November 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.43% against the CAD to close at 1.0094, as Italian Prime Minister Silvio Berlusconi’s pledge to resign sparked a rally in riskier assets. The Canada Mortgage and Housing Corporation reported that … Continue reading →

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USD/CHF: Trading flat this morning after yesterday’s rise‎, Jordan says SNB ready to act

Posted on November 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.62% against the CHF and closed at 0.8953. Swiss franc rose against the greenback after the Swiss National Bank Vice-President, Thomas Jordan hinted at a change in the bank’s Franc policy, … Continue reading →

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USD/JPY: Japanese Yen continues to strengthen

Posted on November 9, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.42% against the JPY and closed at 77.75. Yen gained against its US counterpart over speculation that the Bank of Japan would act to weaken its currency. This morning, the current … Continue reading →

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