GBP/USD: GBP fell as risk appetite decreased, trading marginally higher

Posted on May 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.78% against the USD and closed at 1.6092. The pound traded lower against the US dollar on Monday, as concerns over possible debt restructuring in Greece and ratings outlook downgrade in … Continue reading →

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EUR/USD: Euro falls on debt fears, trading higher this morning

Posted on May 24, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.69% against the USD and closed at 1.4026, after Standard & Poor’s cut its outlook on Italy and the Spanish elections raised concerns that European governments were sinking under too much … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on May 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.08% against the USD, on Friday, to close at 1.0657, after concerns increased that Europe’s debt crisis would worsen. In the Asian session at 3:00GMT, the pair is trading at 1.0583, … Continue reading →

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USD/CAD: Loonie slides on weak retail sales, inflation

Posted on May 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.75% against the CAD, on Friday, to close at 0.9742, despite a rally in crude oil prices as disappointing economic data dragged the Loonie into negative territories. In Canada, the retail … Continue reading →

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USD/CHF: Swissy trading between is MA’s

Posted on May 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.37% against the CHF, on Friday, and closed at 0.8771. In the Asian session, at 3:00GMT, the pair is trading at 0.8788, 0.19% higher from the New York session close. The … Continue reading →

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USD/JPY: Greenback trading higher against Yen this morning, after the BOJ left rates unchanged

Posted on May 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD traded flat against the JPY, on Friday, and closed at 81.71, as the Bank of Japan stated that the economy continues to face downward pressure as showed by the gross domestic product … Continue reading →

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GBP/USD: Pound trading lower this morning

Posted on May 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP traded flat against the USD, on Friday, and closed at 1.6232. Bank of England Chief Economist, Spencer Dale stated that monetary policy makers should boost interest rates to control inflation, even if … Continue reading →

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EUR/USD: Euro falls, after Fitch downgraded its credit ratings on Greece

Posted on May 23, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 1.16% against the USD, on Friday, and closed at 1.4156, weighed down by rekindled worries about euro-zone sovereign debt after Greece’s credit rating was slashed. Fitch Ratings on Friday slashed Greece’s … Continue reading →

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AUD/USD: Aussie trading flat this morning

Posted on May 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD to close at 1.0666. In the US, for the week ended 14 May 2011, initial jobless claims fell to 409,000, compared to the previous week’s revised figure … Continue reading →

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USD/CHF: Swiss Franc weakens with lower economic expectations

Posted on May 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.08% against the CHF and closed at 0.8804. In Switzerland, the Center for European Economic Research (ZEW) and Credit Suisse, reported that the economic expectations dropped to -11.5 points from the … Continue reading →

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USD/CAD: Loonie higher ahead of inflation report

Posted on May 20, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.28% against the CAD to close at 0.9669, ahead of Canadian inflation report. In the Asian session at 3:00GMT, the pair is trading flat at 0.9668, from the New York session … Continue reading →

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