USD/CAD: Loonie advances on inflation, commodity surge, trading flat in Asian session

Posted on June 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.45% against the CAD to close at 0.9677. Rise in Canadian dollar was boosted by domestic inflation data, that further raised investors speculations that the central bank would soon raise interest … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on June 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.08% against the CHF and closed at 0.8336. In the US, the National Association of Realtors reported that its pending home sales index rose by 8.2% in May, the strongest monthly … Continue reading →

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USD/JPY: Yen rides on rebounding industrial production, trading lower this morning

Posted on June 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.46% against the JPY and closed at 80.72. Yesterday, the Japanese Yen found support in better than expected rebound in the country’s industrial production. In May, Japan’s industrial production grew by … Continue reading →

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GBP/USD: Pound advances, UK M4 money supply falls for eighth month

Posted on June 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.54% against the USD and closed at 1.6072. In the UK, on a seasonally adjusted annual basis, the money supply declined by 0.2% in May, the eight consecutive decline, following a … Continue reading →

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EUR/USD: Euro continued to cement gains, investors cheered Greek vote

Posted on June 30, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.82% against the USD and closed at 1.4474, after the Greece Parliament approved austerity measures necessary to avoid the debt default. The Greek parliament approved €78 billion package of additional austerity … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on June 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.72% against the USD to close at 1.0537. In the US, the Richmond Federal Reserve Bank reported that its seasonally adjusted composite index of manufacturing activity rose to a reading of … Continue reading →

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USD/CHF: Swiss Franc continues to cement gains

Posted on June 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.14% against the CHF and closed at 0.8329, on strong Swiss consumption data. In Switzerland, UBS consumption indicator rose by 0.34 points to 1.91 points in May, in comparison with 0.1 … Continue reading →

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USD/CAD: Canadian Dollar strengthened as optimism over Greek vote rises, trading flat this morning

Posted on June 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.36% against the CAD to close at 0.9819. Loonie advanced against the greenback as commodity prices rose on investors’ optimism over the Greece austerity package. In the US, the Federal Reserve … Continue reading →

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USD/JPY: Yen advances after yesterday’s fall

Posted on June 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.31% against the JPY and closed at 81.09. In Japan, this morning, the industrial production, on monthly basis, rose by 5.7% in May from 1.6% increase in the previous month. In … Continue reading →

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GBP/USD: Pound trading flat

Posted on June 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.03% against the USD and closed at 1.5986, after Bank of England policy makers signalled they are concerned over the growth outlook. Bank of England Governor, Mervyn King stated that the … Continue reading →

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EUR/USD: Euro builds on rising Greece optimism, trading flat this morning

Posted on June 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.4356, on investors’ growing hopes that Greece would pass austerity measures and avoid defaulting on its debt, while German banks agreed to consider rolling … Continue reading →

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