USD/CAD: Canadian dollar trading flat, Awaits GDP data in Canada

Posted on September 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.32% against the CAD to close at 1.0381.In the US, initial jobless claims fell to 391,000 in the week ended 24 September 2011, while continuing claims slipped to 3.729 million in … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on September 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.33% against the CHF and closed at 0.8980. In the Asian session, at 3:00GMT, the USD is trading at 0.9000, 0.22% higher versus Swiss Franc, from yesterday’s close at 23:00 GMT. … Continue reading →

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USD/JPY: Yen trading higher in the Asian session

Posted on September 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.27% against the JPY and closed at 76.76. In Japan, this morning, the unemployment rate declined to 4.3% in August from 4.7% in the previous month. The National Consumer Price Index … Continue reading →

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GBP/USD: Pound trading steady, the UK consumer confidence index advances

Posted on September 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.5594. In the UK, the nationwide housing prices rose 0.1% (M-o-M) in September, following a 0.6% drop in August. The money supply dropped 0.2% … Continue reading →

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EUR/USD: Euro advanced as German EFSF vote passes, trading lower this morning

Posted on September 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.3576, after the German Parliament voted for an increase in the size and flexibility of the Euro-zone rescue fund. In the Euro zone, consumer … Continue reading →

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AUD/USD: Aussie fall on Europe debt woes

Posted on September 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 0.9928. In Australia, yesterday, the HIA new home sales rose 1.1% (M-o-M) in August compared to 8% decline in July. In the US, the … Continue reading →

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USD/CAD: Loonie falls on gloomy global outlook, regains in Asian session

Posted on September 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.44% against the CAD to close at 1.0348. Canadian dollar declined sharply against the greenback amid decline in commodity prices and amid doubts about the ability of Euro zone to solve … Continue reading →

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USD/CHF: Pair showing convergence with its MA’s

Posted on September 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.48% against the CHF and closed at 0.9010. In the US, for the week ending September 23, the mortgage applications rose 9.3%, following a 0.6% rise in the previous week. In … Continue reading →

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USD/JPY: Yen trading flat this morning after yesterday’s surge

Posted on September 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.40% against the JPY and closed at 76.55. In Japan, this morning, the retail sales declined 1.7% (M-o-M) in August following a 0.3% decline in the previous month. In the Asian … Continue reading →

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GBP/USD: Pound fell on QE speculation, trading higher this morning

Posted on September 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.5575, amid signs that the Bank of England may adopt more stimulus measures. The pair opened the Asian session at 1.5575, and is trading … Continue reading →

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EUR/USD: Euro trading higher this morning

Posted on September 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.3539, as investors remained cautious over European policy makers’ ability to solve debt crisis. Officials from the European Commission, the European Central Bank (ECB) … Continue reading →

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