AUD/USD Aussie trading higher on Australian employment report‎

Posted on October 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 2.03% against the USD to close at 1.0160. In the Asian session, at GMT0300, the pair is trading at 1.0182, with the AUD trading 0.22% higher from the yesterday’s close, following … Continue reading →

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USD/CAD: Loonie rose on higher risk appetite, trading lower this morning

Posted on October 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.01% against the CAD to close at 1.0178. Canadian dollar rose as investors’ risk appetite increased after the European officials agreed on a plan to recapitalize the region’s banks. In Canada, … Continue reading →

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USD/CHF: Swiss Franc backpedals in the Asian session

Posted on October 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.49% against the CHF and closed at 0.8949. In the Asian session, at GMT0300, the pair is trading at 0.8972, with the USD trading 0.26% higher from yesterday’s close. The pair … Continue reading →

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EUR/USD: Euro jumped on recapitalization plan, trading slightly lower this morning

Posted on October 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.04% against the USD and closed at 1.3789, after Eurogroup President, Jean-Claude Juncker proposed steps to resolve the eurozone crisis. In economic news, industrial production in the eurozone rose 1.2% (MoM) … Continue reading →

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USD/JPY: Pair trading between its MA’s

Posted on October 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.70% against the JPY and closed at 77.23. The Bank of Japan (BoJ) meeting minutes released showed that more monetary easing steps may become necessary, depending on economic developments. The BoJ … Continue reading →

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GBP/USD: Pound trading lower

Posted on October 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 1.01% against the USD and closed at 1.5747. In the UK, on a seasonally adjusted basis, the claimant count rose 17,500 in September. The unemployment rate stood at 8.1% for the … Continue reading →

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AUD/USD: Aussie drops as Eurozone debt concern crimps demand for riskier assets

Posted on October 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 0.9958, after Slovakia’s ruling coalition failed to end a dispute over participation in a eurozone bailout fund, reducing demand for riskier assets. In Australia, … Continue reading →

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USD/CAD: Loonie weakens as risk appetite fades

Posted on October 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.14% against the CAD to close at 1.0282. Canadian dollar declined against the greenback as investors speculated that the European officials may fail to halt the region’s sovereign-debt crisis before it … Continue reading →

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USD/CHF: Swiss Franc continues to lose steam in the Asian session

Posted on October 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.45% against the CHF and closed at 0.9084. In the Asian session, at GMT0300, the pair is trading at 0.9110, with the USD trading 0.29% higher from yesterday’s close. The pair … Continue reading →

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USD/JPY: Yen trading steady ahead of BoJ monetary policy meeting minutes release

Posted on October 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.69. In Japan, yesterday, the Consumer Confidence Index declined to 38.6 in September, from 37.0 in the previous month. Japan’s Economy Watchers survey reported … Continue reading →

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GBP/USD: Pound continues to trade lower on disappointing UK manufacturing data

Posted on October 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.43% against the USD and closed at 1.5590, after UK manufacturing production declined 0.3% (M-o-M) in August, following a 0.1% rise in July. Pound further declined after the British Chambers of … Continue reading →

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