GBP/USD: USD continues to cement gains against Pound

Posted on June 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.95% against the USD and closed at 1.6060. The minutes released yesterday, from the Bank of England’s most recent meeting showed that more policy makers voted to keep interest rates at … Continue reading →

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EUR/USD: Greenback continues to advance versus Euro, as Fed signals no additional easing

Posted on June 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.29% against the USD and closed at 1.4324. The US dollar surged against its majority counterparts, after the Federal Reserve Chairman, Ben Bernanke gave no indication that they would embark on … Continue reading →

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AUD/USD: Pair trading between its MA’s

Posted on June 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.09% against the USD to close at 1.0584. In the US economic news, the existing home sales, on a monthly basis, declined by 3.8% to an annual rate of 4.81 million … Continue reading →

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USD/CAD: Loonie rose after mixed Canadian data, trading almost flat in Asian session

Posted on June 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.65% against the CAD to close at 0.9728. In Canada, the retail sales increased by 0.3% (M-o-M) in April, following a 0.1% drop in March. Additionally, the leading indicators increased by … Continue reading →

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USD/CHF: Trading flat this morning

Posted on June 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.31% against the CHF and closed at 0.8423. The Swiss National Bank President, Philipp Hildebrand signalled that the central bank would continue to keep its options open in pursuing its mandate … Continue reading →

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USD/JPY: Japanese yen trading flat

Posted on June 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded marginally higher against the JPY and closed at 80.26. In Japan, yesterday, the all industry activity index, on monthly basis, rose by 1.5% in April following a 6.4% decline in the … Continue reading →

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GBP/USD: Trading flat, Fisher indicates BOE hasn’t ruled out more stimulus

Posted on June 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6214. The Bank of England Markets Director Paul Fisher stated that officials have not ruled out adding to their bond-purchase program if needed to … Continue reading →

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EUR/USD: Euro stabilises after Greek vote

Posted on June 22, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.29% against the USD and closed at 1.4366, after news the Greece’s Prime Minister George Papandreou had won a vote of confidence, seen as the first step in winning financing that … Continue reading →

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AUD/USD: Aussie falls as RBA kept interest rates unchanged

Posted on June 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 1.0594, after the Reserve Bank of Australia stated in minutes of June’s meeting that it was “prudent” to keep interest rates unchanged amid concern … Continue reading →

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USD/CAD: Pair trading below its MA’s

Posted on June 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.17% against the CAD to close at 0.9792. In the Asian session at 3:00GMT, the pair is trading at 0.9785, 0.07% lower from yesterday’s close at 23:00 GMT. The first area … Continue reading →

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USD/CHF: Swissy down as Greek emergency loan delay weighs

Posted on June 21, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.46% against the CHF and closed at 0.8449, as a delay by euro zone finance ministers on a final decision over emergency loans for Greece bolstered safe haven demand. In the … Continue reading →

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