USD/JPY: Greenback trading lower this morning, Economic growth moderate but widespread: Fed’s Beige Book

Posted on April 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD strengthened 0.26% against the JPY and closed at 83.77. The greenback paced gains, after a report showed that retail sales in the US improved more than expected in March. In the US, … Continue reading →

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USD/CHF: Pair trading flat in Asian session, Swiss producer and import price index rises in March

Posted on April 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 0.04% against the CHF and closed at 0.8957. In Switzerland, producer & import prices, on yearly basis, advanced by 0.4% in March from a 0.5% increase in February. In the US, … Continue reading →

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USD/CAD: Loonie trading flat, as Bank of Canada keeps rates unchanged

Posted on April 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD rose 0.03% against the CAD to close at 0.9628. The Bank of Canada, in its monetary policy report upgrades Canada’s growth forecast in 2011 to 2.9% from previous 2.4%, also revises GDP … Continue reading →

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AUD/USD: Pair showing convergence with its MA’s

Posted on April 14, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 1.0493. In Australia, consumer inflation expectation decreased marginally to 3.5% in April 2011 following an increase of 3.6% in March. Additionally, on monthly basis, … Continue reading →

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EUR/USD: Euro trades near a 15-month high, trading flat this morning

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD and closed at 1.4473, surging to a fresh 15-month high, after data showed the US trade deficit shrank in February.. In the EU, the ZEW economic sentiment … Continue reading →

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GBP/USD: Pound weighed down as UK inflation posts surprise fall

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, GBP fell 0.53% against the USD and closed at 1.6253, after a report showed the consumer prices in UK fell unexpectedly in March, dampening expectations over the interest rate hike by the Bank … Continue reading →

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USD/JPY: Yen rises on Japan nuclear crisis, trading lower in Asian session

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD weakened 1.16% against the JPY and closed at 83.55, after the Japanese government raised its assessment of the crisis at the Fukushima Daiichi nuclear plant. Nuclear regulators raised the rating from 5 … Continue reading →

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USD/CHF: Swiss franc rallied amid heightened risk aversion due to Japan’s nuclear crisis, trading lower this morning

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, USD declined 1.20% against the CHF and closed at 0.8961. The import prices in the US, on monthly basis, rose 2.7% in March, the fastest rate of import price growth since June 2009, … Continue reading →

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USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning

Posted on April 13, 2011 by GCI Financial

USD/CAD: Tumbling oil prices kept Loonie lower, trading flat this morning For the 24 hours to 23:00 GMT, USD rose 0.68% against the CAD to close at 0.9625. The Bank of Canada decided to maintain the target for the overnight … Continue reading →

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AUD/USD: AUD trading lower this morning

Posted on April 13, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0448. The Australian Consumer Confidence rose by 1.2% (M-o-M) in April 2011, reaching 105.3, the rise recouped half of the drop suffered in March. … Continue reading →

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EUR/USD: Euro pauses after recent surge versus Greenback

Posted on April 12, 2011 by GCI Financial

For the 24 hours to 23:00 GMT, EUR declined 0.20% against the USD and closed at 1.4430., as investors continued to assess the mixed signals being sent by the European Central Bank (ECB) and Federal Reserve. Euro gained last week, … Continue reading →

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