EUR/USD: Euro trading lower this morning, Slovak parliament rejects euro rescue fund in first vote

Posted on October 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.07% against the USD and closed at 1.3647, as investors awaited Slovakia’s decision, after the country’s Parliament delayed a vote on the eurozone bailout fund. The Slovak Parliament rejected a plan … Continue reading →

Posted in EUR/USD | Leave a comment

USD/CAD: Canadian dollar loses steam in the Asian session

Posted on October 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD fell 1.15% against the CAD to close at 1.0268. In the Asian session, at GMT0300, the pair is trading at 1.0295, with the USD trading 0.26% higher from the New York close. … Continue reading →

Posted in USD/CAD | Leave a comment

AUD/USD: Aussie backpedals this morning after yesterday’s surge

Posted on October 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 2.34% against the USD to close at 0.9983. This morning, in Australia, the National Australia Bank (NAB) reported that its business confidence index climbed to -2.0 in September, from -9.0 in … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CHF: Pair trading below its MA’s

Posted on October 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD fell 2.48% against the CHF and closed at 0.9043. In the Asian session, at GMT0300, the pair is trading at 0.9045, with the USD trading marginally higher from the New York close. … Continue reading →

Posted in USD/CHF | Leave a comment

GBP/USD: Trading lower this morning

Posted on October 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.77% against the USD and closed at 1.5657. In the UK, Lloyds Bank Corporate Markets indicated that its employment confidence index retreated to -67.0 in September, from -66.0 in August. This … Continue reading →

Posted in GBP/USD | Leave a comment

USD/JPY: Yen holds on to yesterday’s gains

Posted on October 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.16% against the JPY and closed at 76.68. This morning, Japan’s current account surplus dropped to ¥407.5 billion in August, from a current account surplus of ¥990.2 billion in July. Also, … Continue reading →

Posted in USD/JPY | Leave a comment

EUR/USD: Euro strengthens on debt pledge, trading lower this morning

Posted on October 11, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.92% against the USD and closed at 1.3637, amid increased risk appetite for riskier asset after France and Germany jointly decided to come up with a plan to tackle the eurozone … Continue reading →

Posted in EUR/USD | Leave a comment

AUD/USD: Aussie continues its upward journey

Posted on October 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.34% against the USD, on Friday, to close at 0.9812, as better-than-expected US jobs data raised demand for high yielding assets. In the US, the total non-farm payroll employment increased by … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian dollar trading below its MA’s

Posted on October 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded steady against the CAD, on Friday, to close at 1.0380. In economic news, the Canadian economy added 60,900 jobs in September, rising from the prior contraction of 5,500 in August. Meanwhile, … Continue reading →

Posted in USD/CAD | Leave a comment

USD/JPY: Yen trading higher this morning, investors awaiting Japan trade balance

Posted on October 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.23% against the JPY, on Friday, and closed at 76.84. In Japan, on Friday, the leading index declined to 103.8 in August, compared to 104.6 in July. Meanwhile, the coincident index … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CHF: Swiss Franc trading higher this morning after Friday’s fall

Posted on October 10, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.76% against the CHF, on Friday, and closed at 0.9273. In Switzerland, on a seasonally adjusted basis, the unemployment rate remained unchanged at 3.0% in September. In the Asian session, at … Continue reading →

Posted in USD/CHF | Leave a comment