AUD/USD: Aussie continues to trade higher

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 2.01% against the USD to close at 0.9873. In the Asian session at 3:00GMT, the Australian Dollar is trading at 0.9878, marginally higher from yesterday’s close at 23:00 GMT. LME Copper … Continue reading →

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

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.52% against the CAD to close at 1.0201. Canadian dollar rose against the greenback amid a rise in the commodity prices, supported by improved investors risk appetite over rising optimism for … Continue reading →

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USD/CHF: Swiss Franc trading lower in the Asian session

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.62% against the CHF and closed at 0.8967. The Swiss KOF Economic Institute lowered its growth forecast for 2011 to 2.3%, from its previous estimate of 2.8% growth for the current … Continue reading →

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USD/JPY: Pair trading between its MA’s

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.63% against the JPY and closed at 76.86. In the US, the consumer confidence improved to 45.4 in September, from 45.2 in August. The Richmond Federal Manufacturing Index increased to -6.0 … Continue reading →

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GBP/USD: Pound trading marginally lower this morning

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.55% against the USD and closed at 1.5640. In the UK, the CBI Distributive Trades Survey reported that the volume of sales in September declined to -15.0%, compared to -14.0% in … Continue reading →

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EUR/USD: Euro advanced as Eurozone officials map out rescue

Posted on September 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3580, as investors risk appetite improved over speculation that the Euro zone officials would take decisive steps to control the region’s debt crisis. Yesterday, … Continue reading →

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USD/CHF: Swiss Franc extended its gain in the Asian session

Posted on September 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.31% against the CHF and closed at 0.9023. In the US, the new home sales declined 2.3% (M-o-M) in August following a 0.3% decline in July. In the Asian session, at … Continue reading →

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USD/CAD: Canadian dollar trading higher as risk aversion eases

Posted on September 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.19% against the CAD to close at 1.0254. Loonie gained against the greenback as reports that European officials are weighing a broad plan to control the region’s debt crisis reduced fears … Continue reading →

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AUD/USD: Aussie moves northward in Asian session

Posted on September 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 1.28% against the USD to close at 0.9678, amid uncertainty whether Greece can get help to avoid a debt default and amid a broad commodity sell-off. However, in the Asian session … Continue reading →

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USD/JPY: Pair trading just below its MA’s

Posted on September 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.31% against the JPY and closed at 76.38. St. Louis Federal Reserve President, James Bullard, indicated that the long-term growth in the US might be lower, following the drop in housing … Continue reading →

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GBP/USD: Pound continue to trade higher in the Asian session

Posted on September 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.50% against the USD and closed at 1.5554. The Bank of England (BoE) policy maker, Ben Broadbent stated that he is likely to vote for another round of quantitative easing, increasing … Continue reading →

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