USD/CHF: Swiss Franc rose as SNB disappoints on peg, trading lower this morning

Posted on August 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.67% against the CHF and closed at 0.7895, after the Swiss National Bank’s latest steps to curb Franc strength fell short of expectations. The Swiss National Bank (SNB) in a statement … Continue reading →

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USD/JPY: Pair trading below its MA’s

Posted on August 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.34% against the JPY and closed at 76.52. In Japan, this morning, the merchandise trade surplus rose to ¥72.48 billion in July, compared to a downwardly revised trade surplus of ¥68.6 … Continue reading →

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GBP/USD: Pound climbed on BoE minutes, trading lower this morning

Posted on August 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.61% against the USD and closed at 1.6543, after the Bank of England (BoE) minutes from a policy meeting showed unanimous support for keeping interest rate at a record low. The … Continue reading →

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EUR/USD: EUR trading lower in the Asian session

Posted on August 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.4435, amid speculations that the European Central Bank was purchasing Spanish and Italian sovereign bonds. The Federal Reserve Bank of Dallas President, Richard Fisher … Continue reading →

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AUD/USD: Aussie trading higher, after losing ground yesterday

Posted on August 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.48% against the USD to close at 1.0430, after the release of the Reserve Bank of Australia (RBA) minutes. The Australian dollar fell against the greenback after the release of the … Continue reading →

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USD/CAD: Loonie depreciates on tipid European growth, crude oil decline, trading marginally higher this morning

Posted on August 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.17% against the CAD to close at 0.9828. The Canadian dollar declined against the greenback as crude oil prices declined and European expansion slowed more than expected, raising concerns over a … Continue reading →

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GBP/USD: Pound strengthened after inflation came in above target – again, trading marginally lower this morning

Posted on August 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.6443, after a strong consumer price inflation data. In the UK, on an annual basis, the consumer price inflation rose to 4.4% in July, … Continue reading →

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USD/CHF: Swiss Franc fell ahead of decision by Switzerland, trading higher this morning

Posted on August 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.36% against the CHF and closed at 0.7948. Expectations that Switzerland authorities would resort to dramatic measures to weaken its currency sent the franc sharply lower Tuesday. However, mounting fears of … Continue reading →

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EUR/USD: Euro fell as EU debt crisis summit disappoints, trading flat this morning

Posted on August 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.30% against the USD and closed at 1.4393, after summit talks between France and Germany failed to quell investor concerns over the future of the 17-nation eurozone. The German Chancellor, Angela … Continue reading →

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USD/JPY: Japanese Yen continues to trade higher

Posted on August 17, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.10% against the JPY and closed at 76.78. In the Asian session at 3:00GMT, the pair is trading lower from yesterday’s close at 23:00 GMT, by 0.14%, at 76.67. The first … Continue reading →

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USD/CAD: Canadian Dollar rose on higher commodity prices & regained risk appetite, trading flat in Asian session

Posted on August 16, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.75% against the CAD to close at 0.9811, on improved investor sentiment over the state of the global economy and higher commodity prices. In the Asian session at 3:00GMT, the pair … Continue reading →

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