AUD/USD: Aussie continues to zoom higher

Posted on August 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.25% against the USD to close at 1.0496 on Friday. In the Asian session at 3:00GMT, the Australian Dollar is trading at 1.0623, 1.21% higher from Friday’s close at 23:00 GMT. … Continue reading →

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USD/CAD: Canadian dollar rises on Bernanke’s remarks

Posted on August 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.64% against the CAD on Friday to close at 0.9815. Canadian dollar rose against the greenback, following the Federal Reserve Chairman Ben S. Bernanke’s comments that the US economy, Canada’s largest … Continue reading →

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USD/CHF: Swiss Franc weakens after Bernanke speech

Posted on August 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.52% against the CHF, on Friday, and closed at 0.8063. The Swiss franc slid against greenback, after Federal Reserve Chairman, Ben S. Bernanke stopped short of signalling further stimulus, suggesting the … Continue reading →

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USD/JPY: Japanese Yen continues its northward journey, trading flat in Asian session

Posted on August 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.99% against the JPY, on Friday, and closed at 76.66, after Federal Reserve Chief, Ben Bernanke stated that the Federal Open Market Committee would consider its options on monetary policy at … Continue reading →

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GBP/USD: Cementing gains

Posted on August 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.6366 on Friday. In the UK, the Gross Domestic Product (GDP), on quarterly basis, rose 0.2% in the second quarter of 2011, compared to … Continue reading →

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EUR/USD: Trading flat this morning

Posted on August 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.85% against the USD and closed at 1.4494 on Friday. The greenback came under pressure as investors refocused on the Federal Reserve’s accommodative policy, dampening a burst of dollar-buying after Fed … Continue reading →

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AUD/USD: AUD extends its gains after RBA speech

Posted on August 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.08% against the USD to close at 1.0470, after the Reserve Bank of Australia (RBA) gave an upbeat assessment of the country’s financial system. RBA Governor, Glenn Stevens addressed the House … Continue reading →

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USD/CHF: Swissy continues to trade lower

Posted on August 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.20% against the CHF and closed at 0.7942, as a report indicated a rise in the US jobless claims. Initial jobless claims in the US, for the week ended 20 August … Continue reading →

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USD/JPY: Japanese Yen reverse previous session downfall despite curbing measures

Posted on August 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.56% against the JPY and closed at 77.43. Japan’s Consumer Price Index (CPI) in Japan advanced 0.2% (Y-o-Y) in July, whereas, the core CPI edged up 0.1% (Y-o-Y) in July, following … Continue reading →

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USD/CAD: Pair showing convergence with MA’s

Posted on August 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.06% against the CAD to close at 0.9878. In the Asian session at 3:00GMT, the Canadian Dollar is trading at 0.9873, marginally higher against the greenback from yesterday’s close at 23:00 … Continue reading →

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GBP/USD: Pound trading higher, Investors awaits GDP figures in the UK

Posted on August 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.53% against the USD and closed at 1.6281. The Bank of England Policy maker, Martin Weale stated that he abandoned his call for an interest-rate increase this month due to the … Continue reading →

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