AUD/USD: Australian dollar climbs after eurozone agrees on bailout‎, trading lower in Asian session

Posted on October 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 2.99% against the USD to close at 1.0702. In the Asian session, at GMT0300, the pair is trading at 1.0674, with the AUD trading 0.26% lower from yesterday’s close. LME Copper … Continue reading →

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USD/CAD: Loonie advanced as risk appetite increased, trading lower this morning

Posted on October 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.29% against the CAD to close at 0.9917, as European leaders plan to contain the debt crisis, raised appeal for high-yielding assets. A surge in crude oil prices further added to … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on October 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 2.44% against the CHF and closed at 0.8607. In the Asian session, at GMT0300, the pair is trading at 0.8610, with the USD trading slightly higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Japanese Yen continues to trade higher

Posted on October 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 75.94. The Bank of Japan, yesterday, expanded its asset-purchase to a total of ¥55 trillion, while keeping its policy interest-rate target unchanged at 0 … Continue reading →

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GBP/USD: British Pound flat this morning

Posted on October 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.83% against the USD and closed at 1.6088. In the UK, the CBI distributive trades survey declined 11.0% in October, following a 15.0% declined in the previous month. Additionally, the Gfk … Continue reading →

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EUR/USD: Investors cheers to Euro bailout plan, Trading flat this morning after rising more than 2% yesterday

Posted on October 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 2.24% against the USD and closed at 1.4178, amid announcement of a plan by the European leaders to contain the debt crisis. Eurozone leaders agreed on a deal to stem the … Continue reading →

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AUD/USD: Australian dollar rises on EU deal

Posted on October 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0391. In the Asian session, at GMT0300, the pair is trading at 1.0478, with the AUD trading 0.84% higher from yesterday’s close, after European … Continue reading →

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USD/CAD: Canadian dollar continues to rise versus the greenback

Posted on October 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.17% against the CAD to close at 1.0047. In the US, on a monthly basis, new orders for durable goods fell 0.8% (M-o-M) in September, following a 0.1% drop in August. … Continue reading →

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USD/CHF: Swiss trading lower this morning

Posted on October 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.44% against the CHF and closed at 0.8822. There were no major economic releases in Switzerland yesterday. In the Asian session, at GMT0300, the pair is trading at 0.8788, with the … Continue reading →

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USD/JPY: Pair converging with its MA’s

Posted on October 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.12% against the JPY and closed at 76.22. In Japan, this morning, the retail sales declined 1.5% (M-o-M) to ¥10.57 trillion in September, following a 1.7% decline in the previous month. … Continue reading →

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GBP/USD: British Pound trading higher this morning

Posted on October 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.5956, amid concerns that the eurozone leaders would be unable to find a solution to the debt crisis. In the UK, the Confederation of … Continue reading →

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