USD/CHF: Swiss Franc moves northwards

Posted on October 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.01% against the CHF and closed at 0.8939.In Switzerland, the trade surplus rose to CHF1.85 billion in September, compared to a surplus of CHF 808 million in August. Additionally, the ZEW … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on October 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.08% against the JPY and closed at 76.88. The Bank of Japan Governor, Masaaki Shirakawa, stated that despite the market turmoil and debt crisis, Japanese banking system has remained stable and … Continue reading →

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EUR/USD: Euro rose on hopes for debt crisis solution, tad lower this morning

Posted on October 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.12% against the USD and closed at 1.3782, ahead of eurozone summit on Sunday. In the Eurozone economic news, the consumer confidence declined to -19.9 in October from a revised reading … Continue reading →

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AUD/USD: Aussie falls on weak NAB business confidence data

Posted on October 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 1.0236, on concern that the European leaders won’t reach a resolution to the region’s debt crisis at an October 23 summit. This morning, in … Continue reading →

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USD/CAD: Canadian dollar slips on fresh concerns over eurozone bailout

Posted on October 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.34% against the CAD to close at 1.0186, as fresh concerns over Europe’s bailout fund saw investors sell higher-yielding currencies. In Canada, the Composite Leading Index declined 0.1% (M-o-M) in September, … Continue reading →

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USD/CHF: Swiss Franc continues to slip against the greenback

Posted on October 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.39% against the CHF and closed at 0.9030. In the Asian session, at GMT0300, the pair is trading at 0.9057, with the USD trading 0.30% higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Continue to trade flat

Posted on October 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded marginally higher against the JPY and closed at 76.82. In Japan, yesterday, All Industry Activity Index declined 0.5% (M-o-M) in August, compared to a 0.4% rise in July. In the Asian … Continue reading →

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GBP/USD: Pound strengthens after BOE minutes, trading lower this morning

Posted on October 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.5775. The Bank of England (BoE) October meeting minutes showed that the BoE policymakers unanimously decided to expand quantitative easing by £75.0 billion to … Continue reading →

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EUR/USD: Euro trading lower as European leaders disagree on crisis resolution

Posted on October 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.22% against the USD and closed at 1.3765, over revived investor’s speculation that European leaders would take aggressive steps at the weekend summit to resolve the region’s debt crisis. In economic … Continue reading →

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AUD/USD: Aussie continues its upward journey

Posted on October 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.79% against the USD to close at 1.0253, after reports showed strong Chinese retail sales and industrial production growth. This morning, the Westpac Leading Index, in Australia, rose 0.8% (M-o-M) in … Continue reading →

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USD/CAD: Canadian dollar extends gains in the Asian session

Posted on October 19, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.72% against the CAD to close at 1.0151. Canadian dollar rose against greenback amid easing concerns that the US economy is heading into recession. In the Asian session, at GMT0300, the … Continue reading →

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