USD/CHF: Swissy witnessing flat trading

Posted on May 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.15% against the CHF and closed at 0.8650. In Switzerland, real retail sales, on monthly basis, rose by 0.3% in March from 4.4% rise in February. Additionally, the SVME manufacturing purchasing … Continue reading →

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USD/JPY: Gopher zooming higher

Posted on May 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 81.21. In the US, the seasonally adjusted construction spending, on an annual basis rose by 1.4% in March, compared to a revised 2.4% decline … Continue reading →

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GBP/USD: Pound trading lower this morning

Posted on May 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.13% against the USD and closed at 1.6653. The greenback advanced, as investors weighed news of Al Qaeda leader, Osama bin Laden’s death as backdrop of expectations that the Federal Reserve … Continue reading →

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EUR/USD: Euro boosted after upbeat economic data, trading lower this morning

Posted on May 3, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.27% against the USD and closed at 1.4821. The European Central Bank (ECB), in its Financial Integration report indicated that the normalization of Euro-zone bank lending conditions is proceeding progressively. In … Continue reading →

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EUR/USD: Euro continues to trade lower today morning

Posted on May 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.21% against the USD and closed at 1.4808. Eurozone consumer price inflation flash estimate for the month of April surged to 2.8%. Also, the unemployment rate in the Eurozone was 9.9% … Continue reading →

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GBP/USD: Pound gives up some gains in the Asian session

Posted on May 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.34% against the USD and closed at 1.6699. In the US, personal income rose 0.5%, while spending rose 0.6% in March. Additionally, the Thomson Reuters/University of Michigan final index of consumer … Continue reading →

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USD/JPY: Japanese Yen lower this morning, after a Friday surge led by speculation of intervention by the BoJ

Posted on May 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.44% against the JPY and closed at 81.22. The Japanese Yen appreciated against the greenback on Friday, as speculation for a currency intervention resurfaced. Japan’s Ministry of Finance stated that the … Continue reading →

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USD/CHF: Swiss Franc rises to record after Hildebrand comment, KOF data. Trading lower this morning

Posted on May 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.92% against the CHF and closed at 0.8651, after Philipp Hildebrand, President of Swiss National Bank, stated that price stability may be threatened by higher commodity prices and expansionary monetary policy. … Continue reading →

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USD/CAD: Loonie trading lower in Asian session

Posted on May 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.59% against the CAD to close at 0.9447. In Canada, real GDP decreased 0.2% in February, following a rise of 0.5% in January. In the Asian session at 3:00GMT, the pair … Continue reading →

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AUD/USD: Continues to add to previous session gains

Posted on May 2, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD traded 0.32% higher against the USD to close at 1.0970. In the morning news, the Australian Bureau of Statistics reported that the average price for a home in Australia was down 1.7% … Continue reading →

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AUD/USD: Aussie rises past $1.09 on rate outlook

Posted on April 29, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.70% against the USD to close at 1.0935. The Australian dollar rallied past $1.09 for the first time since it was floated on speculation the central bank would raise interest rates … Continue reading →

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