AUD/USD: Continues to trade flat

Posted on June 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0462, as fears over Greece’s debt problems eased. The Reserve Bank of Australia (RBA) Assistant Governor, Guy Debelle stated that local banks had actually … Continue reading →

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USD/CAD: Loonie firms on hopes of progress in Greece, trading flat this morning

Posted on June 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.37% against the CAD to close at 0.9854. The Canadian dollar strengthened yesterday, as new developments in Europe helped ease fears of a Greek government debt default. France offered a solution … Continue reading →

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USD/CHF: Swiss Franc trading lower this morning

Posted on June 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.06% against the CHF and closed at 0.8341, after the US Commerce Department reported that consumer spending data in the US was weakest in nearly a year. In the US, on … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on June 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.47% against the JPY and closed at 80.84. In Japan, this morning, the retail sales, on annual basis, declined by 1.3% in May following a 4.8% decline in the previous month. … Continue reading →

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GBP/USD: Pound trading marginally lower this morning, Investors awaits UK’s Q1 GDP

Posted on June 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.5991, on investors expectations that the business activity would pickup, encouraging them to pare bets that the borrowing costs would remain at a record … Continue reading →

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EUR/USD: Euro gains as Greece debt plan eases default concern, trading flat this morning

Posted on June 28, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 1.02% against the USD and closed at 1.4314, on speculation that Greece Parliament would approve an austerity package this week and avoid defaulting on its debt. The German Finance Minister, Wolfgang … Continue reading →

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AUD/USD: Aussie trades lower as risk appetite ebbs on Greece

Posted on June 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.49% against the USD, on Friday, to close at 1.0491, as concern that a Greek austerity plan won’t resolve Europe’s sovereign-debt crisis damped investors risk appetite. In the US, the orders … Continue reading →

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USD/CAD: Loonie lower amid Greek default concerns, economic worries

Posted on June 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.90% against the CAD, on Friday, to close at 0.9866, amid concerns over a Greek government default, sliding commodities and weakening US economic growth. . In the US, the gross domestic … Continue reading →

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USD/CHF: Swiss Franc makes steady northwards moves

Posted on June 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the CHF, on Friday, and closed at 0.8380. Swiss Franc traded flat against the greenback as fears that the austerity plan to stabilize Greece would not resolve Europe’s sovereign-debt … Continue reading →

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USD/JPY: Pair trading above its MA’s

Posted on June 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.05% against the JPY, on Friday, and closed at 80.48. In the Asian session at 3:00GMT, the pair is trading higher from Friday’s close at 23:00 GMT, by 0.29%, at 80.71. … Continue reading →

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GBP/USD: Pound continues to trade lower

Posted on June 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD, on Friday, and closed at 1.5966, amid speculation that the Bank of England would keep interest rates at a record low to counter the stumbling economic growth. … Continue reading →

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