USD/CHF: Greenback trading higher this morning

Posted on April 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.04% against the CHF, on Friday and closed at 0.8922. In the Asian session, at 3:00GMT, the pair is trading at 0.8937, 0.17% higher from the New York session close. The … Continue reading →

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USD/CAD: Canadian dollar trading lower this morning

Posted on April 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CAD, on Friday to close at 0.9598. The Federal Reserve Bank of New York revealed that its general business conditions index rose to a reading of 21.7 in … Continue reading →

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AUD/USD: Aussie trading flat this morning

Posted on April 18, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD, on Friday to close at 1.0560. In the Asian session at 3:00GMT, the pair is trading at 1.0558, 0.02% lower from the New York session close. LME … Continue reading →

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EUR/USD: Euro turns lower on peripheral debt concerns

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.28% against the USD and closed at 1.4485, dented by speculation that Greece and possibly Ireland may be forced to restructure their massive debts, pushing peripheral Euro-zone bond yields higher. Continue reading →

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GBP/USD: Trading flat this morning

Posted on April 15, 2011 by GCI Financial

The Bank of England policy maker, Paul Tucker stated that policy makers across the world would need to deepen cooperation and share information to ensure future financial stability. Continue reading →

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USD/JPY: Japanese Yen soars as the nuclear crisis deepens

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 0.17% against the JPY and closed at 83.63, as Japan’s nuclear crisis deepens. US officials warned of a possible catastrophic nuclear situation in Japan spreading fears and global uncertainty. Continue reading →

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USD/CHF: Swiss Franc continues its northward journey

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.35% against the CHF and closed at 0.8926. In Switzerland, the ZEW economic sentiment index rose by 22.3 points to post a reading of 8.8 in April, the first positive reading since August 2010. Continue reading →

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USD/CAD: Loonie backpedals in Asian session

Posted on April 15, 2011 by GCI Financial

he Philadelphia Federal Reserve President, Charles Plosser indicated that there is ample evidence that the US economy is on the mend and that a moderate but sustainable recovery was underway. Continue reading →

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AUD/USD: Aussie falls on speculation China would raise rates

Posted on April 15, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.44% against the USD to close at 1.0539. Minneapolis Federal Reserve, President Narayana Kocherlakota stated that the recent rise in oil prices was no prelude to broader price increases that would … Continue reading →

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EUR/USD: Dollar steadies in Asian session

Posted on April 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.4444. In the EU, on monthly basis, the industrial production rose by 0.4% in February from 0.2% rise in the previous month. The annual … Continue reading →

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GBP/USD: GBP edges higher; consumer confidence rises, jobless rate declines

Posted on April 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.6270. In the UK, the number of people claiming jobseeker’s allowance unexpectedly rose by 700 in March. The jobless rate unexpectedly declined to 7.8% … Continue reading →

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