USD/CHF: Swiss Franc continues to cement gains

Posted on July 6, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.84% against the CHF and closed at 0.8404, on investors speculation that China would increase its interest rates, and increased appeal for safe-haven assets. In the Asian session, at 3:00GMT, the … Continue reading →

Posted in USD/CHF | Leave a comment

USD/JPY: Pair trading below its MA’s

Posted on July 6, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 81.07. In the Asian session at 3:00GMT, the pair is trading lower from yesterday’s close at 23:00 GMT, by 0.30%, at 80.83. The first … Continue reading →

Posted in USD/JPY | Leave a comment

EUR/USD: Euro rally fizzles amid lacklustre economic data, trading higher this morning

Posted on July 6, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.80% against the USD and closed at 1.4430, amid disappointing euro zone economic data and lingering sovereign debt concerns. Moody’s Investors Service, yesterday, downgraded Portugal’s credit rating to Ba2, or junk … Continue reading →

Posted in EUR/USD | Leave a comment

EUR/USD: Euro trading lower

Posted on July 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.4547, after Standard & Poor’s Ratings Services stated that the French-led proposal to roll over the Greek government debt would likely put Greece in … Continue reading →

Posted in EUR/USD | Leave a comment

USD/JPY: Yen declines after yesterday’s rise

Posted on July 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.10% against the JPY and closed at 80.76. The Bank of Japan (BoJ) raised its assessment for seven out of nine regional economies, citing signs of a pick-up against the background … Continue reading →

Posted in USD/JPY | Leave a comment

USD/CAD: Loonie continues to decline

Posted on July 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.07% against the CAD to close at 0.9596. The Canadian dollar declined against the greenback over investors’ speculation that the recent advance was overdone. In Canada, the industrial product price index … Continue reading →

Posted in USD/CAD | Leave a comment

USD/CHF: Pair converging with its MA’s

Posted on July 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.8475. In Switzerland, the real retail sales, on annual basis, declined by 4.1% in May following a 7.8% increase in April. In the Asian … Continue reading →

Posted in USD/CHF | Leave a comment

GBP/USD: Pound trading lower this morning, Investors eye BoE policy meeting

Posted on July 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.6082. In the UK, the Bank of England (BoE) reported that individuals injected £5.83 billion in the first quarter of 2011, compared to a … Continue reading →

Posted in GBP/USD | Leave a comment

AUD/USD: Australian dollar trading lower in Asian session

Posted on July 5, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 1.0739, amid weak Australian retail sales data. In Australia, the AiG performance of services index declined to 48.5 in June from 49.9 in the … Continue reading →

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie slides on disappointing retail sales and building approvals data

Posted on July 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD, on Friday, to close at 1.0781. In the Asian session at 3:00GMT, the pair is trading at 1.0746, 0.32% lower from Friday’s close at 23:00 GMT, following … Continue reading →

Posted in AUD/USD | Leave a comment

USD/CAD: Loonie trading flat in Asian session

Posted on July 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.64% against the CAD, on Friday, to close at 0.9581. In the US, the Thomson Reuters/university of Michigan final index of consumer sentiment fell to a reading of 71.5 in June, … Continue reading →

Posted in USD/CAD | Leave a comment