USD/CAD: Canadian Dollar slips as eurozone optimism fades

Posted on November 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.67% against the CAD to close at 0.9999. Canadian dollar declined against its US counterpart as concerns that European leaders would struggle to contain the debt crisis, diminished appeal for high-yielding … Continue reading →

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USD/CHF: Swiss Franc continues to trade lower

Posted on November 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.83% against the CHF and closed at 0.8783. In the Asian session, at GMT0400, the pair is trading at 0.8792, with the USD trading 0.10% higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Dollar continues to surge as Japan sells Yen‎

Posted on November 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 3.35% against the JPY and closed at 78.30. Yen declined sharply against the greenback after the Japanese government intervened to weaken the currency for the third time this year. The Bank … Continue reading →

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GBP/USD: British Pound tad higher this morning, UK’s GDP awaited later in the day

Posted on November 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.40% against the USD and closed at 1.6062. In the UK, the money supply declined 1.7% (Y-o-Y) in September, compared to a 0.6% decline recorded in the previous month. Mortgage approvals … Continue reading →

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EUR/USD: Trading flat, after yesterday’s fall on lingering concerns over Italy

Posted on November 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 2.17% against the USD and closed at 1.3839, amid doubts whether Italy’s fiscal problems would be solved by the EU’s expanded sovereign debt rescue package. In economic news, the Consumer Price … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on October 31, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD, on Friday, to close at 1.0672. In Australia, this morning, the private sector credit rose 0.5% (M-o-M) in September following a 0.2% increase in the previous month. … Continue reading →

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USD/CAD: Canadian dollar continues to trade lower

Posted on October 31, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CAD, on Friday, to close at 0.9932. In the US, the Reuters/Michigan Consumer Sentiment Index rose to 60.9 in October compared to 59.4 in the previous month. Additionally, … Continue reading →

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USD/CHF: Swissy trading lower in Asian session

Posted on October 31, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.21% against the CHF, on Friday, and closed at 0.8625. In Switzerland, the KOF leading indicator declined to 0.80 in October from 1.21 in the previous month. In the Asian session, … Continue reading →

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USD/JPY: Greenback spikes versus Yen, BoJ intervenes

Posted on October 31, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.24% against the JPY, on Friday, and closed at 75.76. In the Asian session, at GMT0400, the pair is trading at 79.20, with the USD trading 4.54% higher from Friday’s close, … Continue reading →

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GBP/USD: British Pound trading lower this morning

Posted on October 31, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD, on Friday, and closed at 1.6127. In the Asian session, at GMT0400, the pair is trading at 1.5989, with the GBP trading 0.86% lower from Friday’s close. … Continue reading →

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EUR/USD: Euro extends its Friday’s losses

Posted on October 31, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.23% against the USD, on Friday, and closed at 1.4146, as a rise in Italian borrowing costs raised investors’ concerns that the European Officials had not done enough to contain the … Continue reading →

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