USD/JPY: Japanese Yen trading flat this morning

Posted on July 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.19% against the JPY, on Friday, and closed at 80.82. In Japan, this morning, the Japan automobile dealers association reported that the automobile sales, on an annual basis, declined by 23.3% … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning, after Friday’s fall

Posted on July 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.77% against the CHF, on Friday, and closed at 0.8486. In Switzerland, the SVME Purchasing Manager Index declined to 53.4 points in June, in comparison with 59.2 points in May. In … Continue reading →

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GBP/USD: Pair trading above its MA’s

Posted on July 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD, on Friday, and closed at 1.6068. In the UK, the manufacturing purchasing manager index (PMI) declined to 51.3 points in June, in comparison with 52.0 points in … Continue reading →

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EUR/USD: Euro strengthens on speculation ECB would increase rates

Posted on July 4, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD, on Friday, and closed at 1.4529, on speculation that the European Central Bank would increase interest rates this week, after Greece was pulled out of debt default … Continue reading →

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USD/CAD: Canadian Dollar pauses rally after April GDP report

Posted on July 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.35% against the CAD to close at 0.9643. Loonie surged against its major counterparts, boosted by rise in commodity prices and easing of Greece’s debt concerns. In the US, the St. … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on July 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 1.0712. In the US, the initial jobless claims fell to 428,000 for the week ended 25 June 2011, compared to the previous week’s unrevised … Continue reading →

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USD/CHF: Pair trading above its MA’s

Posted on July 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 1.02% against the CHF and closed at 0.8421. In the US, the Institute for Supply Management reported that its business barometer rose to a reading of 61.1 in June, compared to … Continue reading →

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USD/JPY: Japanese Yen rose on signs of economic recovery, trading flat this morning

Posted on July 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 80.67. Japanese Yen rallied yesterday on signs of economic recovery in Japan, supported by better than expected housing starts data. In Japan, yesterday, the … Continue reading →

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GBP/USD: Pound trades flat this morning, after sliding yesterday

Posted on July 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.6038. In the Bank of England credit conditions report, the UK banks stated that demand for mortgages would probably fall in the third quarter … Continue reading →

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EUR/USD: Euro rallies as ECB President talks tough on inflation

Posted on July 1, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.10% against the USD and closed at 1.4488, on investors’ speculations that the European Central Bank would raise interest rates next week to curb inflation and as Greece’s Parliament voted “yes” … Continue reading →

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AUD/USD: Aussie zooms ahead

Posted on June 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 1.46% against the USD to close at 1.0691. In the US, for the week ended 24 June 2011, the mortgage application volume, on a seasonally adjusted basis, declined by 2.7% from … Continue reading →

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