AUD/USD: Aussie advances as business investment rises

Posted on May 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.84% against the USD to close at 1.0622, after the government report showed increase in business investment. The government statistics agency stated that Australian capital spending climbed 3.4% in the three … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on May 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.16% against the CAD to close at 0.9791. Canadian dollar was under pressure, amid lower commodity prices and weaker than expected economic growth in the US, Canada’s biggest trading partner. In … Continue reading →

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USD/CHF: Pair trading below its MA’s

Posted on May 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.79% against the CHF and closed at 0.8654. In Switzerland, trade surplus declines to CHF 1.516 billion in April from CHF 0.997 billion in March. Meanwhile, the employment level, on quarterly … Continue reading →

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USD/JPY: Yen continues to shine in Asian session

Posted on May 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.89% against the JPY and closed at 81.27. Yen strengthened against the greenback, after a report showed the US economy has slowed, reducing the earnings outlook for Japanese exporters. In Japan, … Continue reading →

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GBP/USD: British Pound trading continues to advance in Asian session

Posted on May 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.63% against the USD and closed at 1.6382. In the US, the gross domestic product rose by 1.8% (Q-o-Q) in the first quarter of 2011, compared to 3.1% growth recorded in … Continue reading →

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EUR/USD: Euro trading higher, China expected to buy European bailout debt

Posted on May 27, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD and closed at 1.4125, after the report that China and other Asian countries are interested in buying Portuguese bailout bonds. However, gains were capped, after President of … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on May 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.20% against the USD to close at 1.0534. In Australia, the Australian private capital expenditure index, on quarterly basis, rose by 3.4% in the first quarter of 2011, following 1.3% increase … Continue reading →

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USD/CAD: Loonie trading higher in Asian session

Posted on May 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.08% against the CAD to close at 0.9775, despite rise in crude oil prices, on Euro zone’s debt worries. In the US, the durable goods orders declined by 3.6% in April, … Continue reading →

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USD/CHF: Swiss Franc cementing gains

Posted on May 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.89% against the CHF and closed at 0.8723. In the US, the mortgage application volume increased 1.1% for the week ended 20 May 2011 from one week earlier, as reported by … Continue reading →

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USD/JPY: Japanese Yen continues to trade lower

Posted on May 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 82.00. The Bank of Japan Governor Masaaki Shirakawa, stated that the Japanese economy was already was showing signs of recovery from the March 11 … Continue reading →

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GBP/USD: Pound trading higher this morning, UK Q1 GDP growth confirmed at 0.5%

Posted on May 26, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.61% against the USD and closed at 1.6280, as a report showed that the UK economy resumed growth in the first quarter on strong exports. In the UK, the index of … Continue reading →

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