AUD/USD: Aussie trading higher after yesterday’s sharp fall

Posted on September 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 2.96% against the USD to close at 1.0312. In the economic news, this morning, the National Australia Bank’s Business Conditions Index declined to -3 in August, from -1 in the previous … Continue reading →

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USD/CAD: Pair trading steady this morning

Posted on September 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.49% against the CAD to close at 0.9923. Loonie rose, as risk aversion eased after reports that Italy had asked China to make “significant” purchases of Italian debt. In the Asian … Continue reading →

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GBP/USD: Pound trading flat, UK CPI data awaited

Posted on September 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded marginally higher against the USD and closed at 1.5857. In the UK, the Royal Institution of Chartered Surveyors’ (RICS) reported that, on a seasonally adjusted basis, the house price balance dropped … Continue reading →

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USD/CHF: Pair converging with its MA’s

Posted on September 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.53% against the CHF and closed at 0.8815. In the Asian session, at 3:00GMT, the USD is trading at 0.8808, slightly lower versus Swiss Franc, from yesterday’s close at 23:00 GMT. … Continue reading →

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USD/JPY: Yen extended its gain in the Asian session

Posted on September 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.36% against the JPY and closed at 77.17. This morning, Japanese Finance Minister, Jun Azumi stated that Japan wants to closely watch the ongoing active discussions in Europe on how to … Continue reading →

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EUR/USD: Euro trading firm after recent drubbing

Posted on September 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.33% against the USD and closed at 1.3660, after the reports that Italy had asked China to make “significant” purchases of Italian debt. Euro also rose against the greenback after the … Continue reading →

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AUD/USD: Aussie trading sharply lower this morning

Posted on September 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.31% against the USD, on Friday, to close at 1.0626, after a data showed that China’s inflation slowed in August. In the economic news this morning, the trade surplus in Australia, … Continue reading →

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USD/CAD: Canadian dollar down on disappointing Canadian jobs report‎

Posted on September 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.84% against the CAD, on Friday, to close at 0.9964. Loonie declined after Canadian labour productivity data showed that employers had unexpectedly cut jobs in August for the first time in … Continue reading →

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USD/CHF: Swiss Franc falls as economy minister says currency is ’massively overvalued’

Posted on September 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.18% against the CHF, on Friday, and closed at 0.8841, as Switzerland’s Economy Minister, Johann Schneider-Ammann, stated that the currency remains “massively overvalued” even after the nation’s central bank imposed a … Continue reading →

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USD/JPY: Yen trading higher in the Asian session

Posted on September 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.12% against the JPY, on Friday, and closed at 77.59. In Japan, on Friday, the seasonally adjusted Consumer Sentiment Index remained unchanged at a reading of 37.0 in August. Additionally, this … Continue reading →

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GBP/USD: Pound continues to trade lower this morning

Posted on September 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.60% against the USD, on Friday, and closed at 1.5884. In the UK, the output price inflation, on annual basis remained unchanged at 6.1% in August. Additionally, the input price index … Continue reading →

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