USD/JPY: Pair trading flat

Posted on July 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 1.15% against the JPY and closed at 79.40. In the Japanese economic news, the Bank of Japan Monetary Policy Statement, yesterday, announced that the board voted unanimously to keep the call … Continue reading →

Posted in USD/JPY | Leave a comment

AUD/USD: Pair trading between its MA’s

Posted on July 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 1.0600. In the morning economic news, the Westpac consumer confidence in Australia declined 8.3% in July to 92.8, down from 101.2 in June. In … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie advanced on higher oil prices, trading lower this morning

Posted on July 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.34% against the CAD to close at 0.9656. Canadian dollar strengthened against the US dollar amid rise in the commodity prices In Canada, the trade deficit narrowed to C$814 million in … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Trading flat in the Asian session

Posted on July 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.53% against the CHF and closed at 0.8318. In the US, the trade deficit widened to $50.2 billion in May, the highest level since October 2008, following a revised $43.6 billion … Continue reading →

Posted in USD/CHF | Leave a comment

GBP/USD: Pound continues to trade higher, data on unemployment rate in the UK awaited

Posted on July 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5917. In the UK, the consumer price inflation, on an annual basis, declined to 4.2% in June, following a rate of 4.5% recorded in … Continue reading →

Posted in GBP/USD | Leave a comment

EUR/USD: Euro rises in Asian session after yesterday’s fall

Posted on July 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.48% against the USD and closed at 1.3969, as a downgrade to Ireland’s credit ratings fuelled concerns that the European debt crisis would deepen. Moody’s Investors Service downgraded Ireland’s foreign- and … Continue reading →

Posted in EUR/USD | Leave a comment

USD/CHF: Pair trading between its MA’s

Posted on July 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CHF and closed at 0.8362. In the Asian session, at 3:00GMT, the pair is trading at 0.8368, 0.07% higher from yesterday’s close at 23:00 GMT. The pair has … Continue reading →

Posted in USD/CHF | Leave a comment

AUD/USD: Trading lower after Australia business confidence declined

Posted on July 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.78% against the USD to close at 1.0636. Australian business confidence fell to 0, a six-month low in June, from +6 previously. In the Asian session at 3:00GMT, the pair is … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie slides as euro debt worries push investors to safe haven greenback

Posted on July 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.60% against the CAD to close at 0.9689. Canadian dollar weakened against the greenback yesterday, as fresh euro zone debt problems hurt investor demand for commodity-linked currencies. In economic news, Mortgage … Continue reading →

Posted in USD/CAD | Leave a comment

USD/JPY: Yen continues to trade higher in Asian session

Posted on July 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.41% against the JPY and closed at 80.32. Data released in Japan showed that the consumer confidence index climbed to 35.3 in June, from 34.2 in May. Also, the Japan Machine … Continue reading →

Posted in USD/JPY | Leave a comment

GBP/USD: Pound continues its downfall

Posted on July 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.79% against the USD and closed at 1.5901. The British Chambers of Commerce (BCC) has warned that the UK economic recovery would remain fragile until the government places a greater emphasis … Continue reading →

Posted in GBP/USD | Leave a comment